Shares of Ferrari plummeted in European and U.S. trading on Thursday, marking the luxury automaker’s worst day yet in both markets after unveiling updated guidance for earnings that fell well below analyst expectations. Key Takeaways Crucial Quote Ferrari CEO Benedetto Vigna, while discussing the automaker’s long-term guidance, said, “I think people were expecting a higher […]
Tesla on Tuesday unveiled plans to sell cheaper alternatives of its Model Y and Model 3 cars, its first product release in years, as Elon Musk’s automaker created more affordable options for its bestselling vehicles in an apparent move to offset the recent loss of tax incentives to buy electric vehicles. Key Facts Big Number […]
BYD’s all-electric hypercar, the Yangwang U9 Xtreme, is now the world’s fastest production car, having hit 308.4mph at ATP Papenburg’s high-speed oval circuit in Germany with German test driver Marc Basseng at the wheel. The rapid U9 Xtreme unseats the Bugatti Chiron Super Sport 300+, which managed 304.8mph in 2019, the 272.6mph Aspark Owl, and […]
Lamborghini has introduced it’s latest limited production model, the Fenomeno. Limited to just 29 units, and taking inspiration from a famous fighting bull, the name “Fenomeno” means “phenomenal” in both Italian and Spanish, and has been applied to Lamborghini’s most powerful and quickest model yet. Featuring a full carbon fiber body wrapped around a carbon […]
The US’s America First policy and its high tariffs are keeping Chinese cars out of the market. Tariffs as high as 100% have been slapped on Chinese autos, especially EVs making them prohibitively expensive for American showrooms. Australia already boasts some 23 Chinese brands on its shores But while America’s doors are still closed to […]
Despite some negative predictions, electric vehicle sales are still growing. The targets may have slipped due to a few unexpected global shocks, but the long-term trajectory is clear: most personal vehicle markets are heading inexorably towards electrification. However, one type of EV isn’t selling as well as expected – electric supercars. A particularly telling sign […]
It’s not every day that a Ferrari F50 comes up for auction. Those days are even scarcer when it’s a yellow F50 we’re talking about – and when the car previously belonged to Ralph Lauren? It’s a truly unique moment. Lauren’s classic car collection is world-famous, but opportunities to buy one of his cars come […]
Looking at virtually any parking lot in the nation these days is something akin to seeing at a black-and-white photo of cars, trucks and SUVs. That’s because a whopping 81% of the top selling vehicle colours are not the least bit colorful, according to Edmunds.com, but are rather variations of white (25%), black (22%), gray […]
The DBX 707 was breathtakingly fast for an SUV, but the luxury British giant has upped the game with its latest Aston Martin DBX S. The DBX 707 produced 697bhp and 900Nm giving it a 310bhp/tonne power-to-weight figure, the same as a KTM X-Bow. It cracked 0-to-62mph in 3.3 seconds and barrelled to 193mph. The new DBX S produces […]
We’ve all been deep in thought about spending lottery earnings, a topic that causes the shadow of time to fleet past. If my numbers appeared, I’d scramble to my local Lamborghini dealer to dress bulls in vibrant colors before placing a ludicrously expensive order. They would then join other cars in my dream garage, but the Porsche 911 never […]