A HUGE British car firm has warned it is being forced to make more cuts, ... Lotus made just £21.7m in gross profit, a significant decrease on the £76.3 million it made the previous year.

The U.S.-U.K. trade pact spares the British auto industry from the worst of President Trump’s sweeping tariffs while casting doubt over its prospects in a key growth market.

Jaguar Land Rover sells about a fifth of its cars in the United States. In its financial year that ended in March 2024, it sold about 95,000 cars and reported £6.5 billion in revenue for sales in ...