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Keywords: Luxury cars
British luxury carmaker Aston Martin has secured £550 million ($735.57 million) in new debt financing as the company strengthens its financial position and continues efforts to support its long-term growth strategy. The financing package is being led by funds managed by HPS Investment Partners,......
Bentley is preparing to unveil a new chapter in its history with the arrival of Torcal, a new model family that will expand the British luxury automaker’s lineup beyond its iconic Continental GT, Flying Spur and Bentayga ranges. Scheduled to be officially revealed on September 23, 2026, in London,......
Italian luxury sports car manufacturer Ferrari has introduced a limited-edition V12 model equipped with a manual gearbox, reaffirming its commitment to traditional driving enthusiasts while continuing its broader transition toward electrification. The new 12Cilindri Manuale combines Ferrari's naturally......
German luxury car manufacturer Porsche is moving forward with a new cost-reduction strategy as it seeks to adapt to a rapidly changing global automotive market. Company executives aim to finalize a second cost-cutting package before the summer holiday period, providing greater clarity for employees and......
India is expected to emerge as the fastest-growing market for BMW’s Mini brand by the end of the year, driven by rising incomes and growing demand for premium vehicles, a senior company executive said on Wednesday. The German automaker is planning to significantly expand its presence in the country,......
Stellantis is currently in discussions with two potential partners as it seeks to strengthen the future of its luxury car brand Maserati, according to Chief Executive Antonio Filosa. The announcement was made during a parliamentary hearing in Italy, where the company outlined its ongoing strategy to......
Shares of Ferrari dropped sharply after the unveiling of its first fully electric vehicle, the “Luce,” which received a mixed reaction from investors and automotive critics. The launch marks a major turning point for the iconic luxury brand as it enters the fully electric vehicle market.......
Ferrari shares dropped sharply on European markets following the unveiling of the company’s first fully electric vehicle, the Luce, at an event in Rome. The decline came as investors reassessed demand prospects for ultra luxury electric vehicles and questioned whether Ferrari could maintain its......
Porsche AG announced plans to close three subsidiaries and eliminate more than 500 jobs as part of a major strategic restructuring aimed at refocusing the luxury car manufacturer on its core automotive business. The decision was approved by the company’s executive board and supervisory board amid......