Volkswagen AG has predicted an operating profit of €10bn (£8.88bn) for 2020, with automotive net cash flow of around €6bn. This is based on a robust performance in the second half of they year, with deliveries in the fourth quarter exceeding deliveries in the third quarter. The total number of vehicles delivered to customers was [...]

Bentley has been recognised by the Top Employers Institute for the 10th year in a row. It is the only car brand to make the list. This success follows a comprehensive review which highlighted Bentley’s innovative approach to engaging with employees, and its progressive strategic ambitions for the future. The Institute highlighted Bentley’s Come Back [...]

Jaguar Land Rover has appointed professor Gerry McGovern OBE, chief creative officer, to the board of management. CEO Thierry Bolloré said: “Gerry’s expanded chief creative officer accountabilities include leadership of the design functions of both Jaguar and Land Rover. Also, to continue to elevate and protect our two great brands, Gerry’s role will now include [...]

Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and Collision Repair industries, today announced the addition of Tractable’s AI to the Mitchell Intelligent Open Platform (MIOP). This allows North American automotive insurers to use Mitchell’s advanced claims automation solution—Mitchell Intelligent Estimating—with Tractable AI. With this plug-and-play approach, insurers have the flexibility to [...]

The $52bn merger between Groupe PSA and Fiat Chrysler Automobiles was completed during the weekend. The new company, Stellantis, becomes the fourth largest car manufacturer in the world with an annual output of eight million vehicles, behind on Toyota, Volkswagen Group and Renault-Nissan. Under CEO Carlos Tavares, former PSA boss, the merger brings together 14 [...]