Aston Martin Gaydon manufacturing 2
Aston Martin

Aston Martin Has Record Earnings in 2017

Aston Martin Holdings (UK) Ltd, the producer of luxury handcrafted sports cars, today announced that it sold 5,117 sports cars last year amid sell-out demand for its DB11 model and special vehicles including the Vanquish Zagato and Aston Martin Vantage GT8. Retail sales, which saw a 58% year-on-year increase, outpaced wholesale supply (up 38%) and the Group now expects to exceed its previous full-year guidance of adjusted EBITDA of at least £180 million on revenues of more than £840 million. 

JLR - JAGUAR LAND ROVER REPORTS SALES RESULTS
Corporate Business

Driven by Velar, JLR Global Profits Up For 2nd Quarter

Jaguar Land Rover Automotive plc reported a global 38% increase in second-quarter pre-tax profits to £385 million in the three months to September 30, 2017. Revenues were up 11.5% to £6.3 billion with an increase in margin (EBIT) of 1% to 5.2%. Higher sales and profits reflect the continuing ramp-up of new models such as the Range Rover Velar, Land Rover Discovery, Jaguar XF Sportbrake, Jaguar F-PACE and, in China, the Jaguar XFL. Retail sales grew 5.1% to 149,690, with increases in China (27.4%) and the US (5.1%) offsetting lower sales in the UK and Europe.

Mike Flewitt_Chief Executive Officer - Fourth Year of Profitability for McLaren
Corporate Business

Fourth Year of Profitability for McLaren

British sports car and supercar manufacturer, McLaren Automotive, today announces yet another record-breaking year in respect of vehicle sales, profitability, and financial performance. Profit before tax of £9.2M from an annual sales revenue of £649.8M in 2016 gave McLaren Automotive a fourth consecutive year of profitability in only six years, since the start of sales in 2011.  This was an increase in profitability before tax of 70% compared to the £5.4M reported in 2015.