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LUXURY SPORTSCAR MAKER
EV Ferrari won't sell in Europe but will in Asia, Pirelli's Tronchetti saysFerrari last month unveiled the technology which will power its hotly-anticipated first electric car, the Elettrica, as the Italian luxury ...- Volkswagen is ok on chip supply for now, CEO tells Bild am SonntagVolkswagen Group has secured enough chips for now. CEO Oliver Blume highlights the fragile chip supply chain. A Chinese export ban on Nexpe...
- Porsche CEO Oliver Blume sees 'tough and long' road ahead in major product overhaulPorsche AG anticipates prolonged margin pressures due to a shift in its product strategy, prioritizing combustion engine models in response...
- Volkswagen CEO: Tariffs have cost group billions so farVolkswagen's CEO, Oliver Blume, revealed that U.S. tariffs have cost the company billions of euros this year, significantly impacting brand...
- Sales of Ferrari's first EV to start in October next year, CEO saysThe world premier of the new EV model will take place in the spring of next year, while its sales will start in October 2026, CEO Benedetto...
- Porsche replaces China boss amid sales slumpPorsche AG is replacing its China CEO, Michael Kirsch, with Alexander Pollich, effective September 1, 2024. Pollich, an experienced sales e...
- European shares open lower as tech shares fallAll eyes this week will be on the Federal Open Market Committee (FOMC), the rate setting body of the U.S. central bank, which will announce...
- Ferrari to make 80% hybrid and full-electric range by 2030CEO Benedetto Vigna confirmed that the first electric car will be presented in 2025, with the first deliveries the following year.
- Audi supervisory board to discuss McLaren partnership on Wednesday: SourcesThe board of Volkswagen, which owns Audi, discussed the matter of getting a foot into the Formula One market at a meeting last week, said t...
- Fiat Chrysler, Ferrari shares fall 5% on Marchionne health crisisJeep division head Manley was named on Saturday to succeed Marchionne as CEO of Fiat Chrysler.
- Mercedes launches AMG C43 at Rs 74.35 lakhThe car features a 3 Litre V6 Bi-turbo petrol engine and is capable of accelerating from 0 100 kmph in just 4.7 seconds.
- General Motors seals deal to sell Saab to Spyker: ReportUS automaker General Motors has agreed to sell its Saab brand to Dutch luxury sports car manufacturer Spyker, US television channel CNBC sa...
- Spyker in talks with unions on Saab, questions over financingThe head of Dutch sportscar maker Spyker met Swedish union officials on Tuesday on its last-ditch bid to buy Saab from US car maker GM, as ...
- VW, Porsche could seal merger in 2010: ManagerVolkswagen and Porsche could push through their planned merger next year and overtake Toyota to become the world's biggest car company by 2...
- Porsche board to mull offers from Qatar, VW: SourcesGerman luxury sports car maker Porsche has scheduled an extraordinary meeting of its supervisory board on July 23 to discuss offers by Qata...
- Qatar ready to buy 25 per cent stake in Porsche: reportsQatar is ready to acquire at least a 25-percent stake in German luxury sportscar maker Porsche, heavily in debt after increasing its shares...
- Porsche talks with Qatar on stakePorsche is in exclusive talks with Qatar over a possible stake in the company.
- Porsche fights off bankruptcy talkGerman luxury sportscar maker Porsche sought to deflect talk of bankruptcy after acknowledging it had borrowed hundreds of millions of euro...
- Porsche makes bid for Swedish truck maker ScaniaGermany's luxury sportscar maker Porsche said it was making a $ 3.7 billion bid for Swedish truck firm Scania.
- Porsche says it has contested the results of VW general assemblyGerman luxury sportscar maker Porsche has filed a court petition to challenge the results of a Volkswagen general assembly that rejected pr...
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