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Adding a second model to its UK line-up, Geely now says it hopes to be selling 100,000 cars annually by 2030.
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Underlying vehicle demand was down in the US, Western Europe and China.
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Group revenue increased 3% year on year to €57.92bn, or 4.5% at constant exchange rates.
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The 25,000m² Circular Factory will take a systematic approach to dismantling vehicles at the end of their life, prioritising recovery of reusable parts and raw materials.
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Visteon launched 86 new products across 19 OEM customers in 2025.
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Cupra Raval will be the first 100% electric car to be produced in Martorell.
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The new RS 5 range marks the debut of an electrified drivetrain in Audi’s RS production lineup, delivering a combined output of 470kW.
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The job cuts exclude hourly production staff at the company’s Arizona manufacturing site.
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