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Manufacturing news

Sky News says Jaguar Land Rover is seeking government funding to combat COVID-19
25th May
  • Sky News says Jaguar Land Rover is seeking government funding to combat COVID-19.
  • Jaguar furloughed 20,000 employees in 2020 to shore up finances amidst the pandemic.
  • Fitch downgrades Jaguar's credit rating as Coronavirus weighs on demand and operations.

Latest Manufacturing news

19th May
Imperial Brands cuts interim dividend as pre-tax profit declines in the first half of fiscal 2020
18th May
Thyssenkrupp approaches international peers to consolidate its steel business
16th May
China to blacklist U.S companies including Apple as retaliation to new restrictions on Huawei
15th May
Volkswagen and Ford Motor to collaborate on self-driving and electric vehicles
14th May
3M reports an 11% decline in sales in April as Coronavirus shuts factories
14th May
Fiat Chrysler and Peugeot suspend ordinary dividend for 2019 on COVID-19 uncertainty
13th May
Intel invests in two Chinese semiconductor startups amidst the U.S-China tensions
13th May
Sony Corp. warns of a 30% hit to its operating profit in fiscal 2021
13th May
Aston Martin’s pre-tax loss widens as Coronavirus weighs on demand
12th May
Logitech reports a 13.6% increase in Q4 sales on higher demand for video collaboration tools
12th May
Toyota forecasts an 80% decline in its full-year profit as Coronavirus weighs on demand
11th May
Cardinal Health climbs 7.7% on stronger than expected earnings and revenue in Q3
11th May
Under Armour reports 23% lower sales in Q1 as Coronavirus weighs on performance
11th May
Tesla’s sales of Model 3 vehicles come in 64% down in China in April
8th May
Siemens’ shareholders’ net profit tanks 64% as Coronavirus weighs on performance
8th May
Roku slumps 10% as the company reports more than usual ad cancellations in Q1
6th May
General Motors records a £237 million profit in Q1 despite the Coronavirus restrictions
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