TomTom Suspends Revenue Targets Amid Weak Demand Car Advic March 27, 2025 Digital mapping specialist TomTom has suspended its 2025 revenue target and trimmed its expectations for this year due to weak demand in the automotive sector.
Bentley’s Revenue Dips, but Focus Remains on ‘Value Over Volume’ Luxury Car March 19, 2025 Bentley’s revenue declined in 2024, but the luxury automaker emphasizes increasing value per vehicle through bespoke features.
Mercedes Car Division’s Underperformance in 2024 New Car March 15, 2025 Mercedes-Benz’s car division saw operating profit decline across all four quarters of 2024, culminating in a significant drop in Q4.
BMW Revenue Dips in 2024 Amidst Trade War Concerns Luxury Car March 15, 2025 Luxury carmaker BMW reported an 8.4% revenue decline for 2024, citing economic headwinds and trade uncertainties.
Harwoods Luxury Car Dealer Group Reports £11.8M Loss in 2023 Luxury Car March 12, 2025 Luxury car dealer Harwoods faced significant financial challenges in 2023, reporting an £11.8 million loss before tax despite a substantial turnover.