A major automaker reported a sharp £77 million pretax loss in its third quarter, despite a 36 percent surge in revenue, signaling financial strain amid rising net debt that reached £1.57 billion. The figures highlight growing concerns over profitability even as sales volumes climbed, raising questions about cost pressures and long-term sustainability. Industry analysts will be watching closely to see whether the company can reverse its losses while managing its ballooning debt. Full details on the underlying challenges driving these results are available in the full report.
The automaker posted a £77 million ($102 million) third-quarter pretax loss as net debt rose to £1.57 billion, even as revenue jumped 36 percent.
