Motoring Podcast - News Show

STELLANTIS WILL NOT PUBLISH PROFIT FORECASTStellantis has decided not to publish their profit forecast, stating that the tariffs cause far too much uncertainty for the financial year ahead. Their financial results for the first quarter of 2025 continued to disappoint, with a 14% drop in revenue and a 9% drop in vehicle shipments. If you wish to learn more, click this Autocar article link here. 40% DROP IN PROFITS FOR VW Volkswagen’s financial results for the first quarter of 2025 are in and are not great. They did make a profit but it is down 40% on last year, being £1.9 billion with a 1.4% rise in sales. They stated that the increased number of EVs being bought had impacted them due to the much reduced profit margin in electric vehicles. Click this Autocar article to learn more. IMPROVED ASTON MARTIN PERFORMANCE DESPITE LOSSAston Martin announced a pre tax loss of £76.9 million, for the first quarter of 2025, which is significantly down from last year’s £138.8 million. Revenue was also down, 13%, to £233.9 m