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Aston Martin just built a $2 million bet on survival
TheStreet33d agoneutral
Aston Martin just built a $2 million bet on survival

Scarcity is the oldest trick in luxury, and the only one that has never stopped working. You cannot manufacture heritage. You cannot rush a reputation. What you can do is decide, in advance, that a thing will never exist again in quantity. That one decision buys more pricing power than any ...

Ferrari Q2 Earnings Call Highlights
MarketBeat49d agoneutral
Ferrari Q2 Earnings Call Highlights

Ferrari (NYSE:RACE) reported higher second-quarter revenue, profitability and industrial free cash flow, supported by a richer vehicle mix, stronger personalization activity and increased racing-related revenue. The company also said demand remained healthy across regions, with its order book coveri

Investing.com51d agoneutral
Ferrari CEO says Luce orders "in line with expectations"

Investing.com -- Ferrari CEO Benedetto Vigna said Thursday the company is pleased with customer response to its first fully electric vehicle, the Luce, two months after the model received negative reviews at launch.

Motor racing-F1 sponsorship could give BYD lower-risk route to global recognition
Reuters93d agoneutral
Motor racing-F1 sponsorship could give BYD lower-risk route to global recognition

By Streisand Neto LONDON, June 18 (Reuters) - Electric vehicle giant BYD is interested in getting involved with the Formula One motor racing circuit as it aims to boost its brand outside its home market of China, where it already has a strong foothold. However, becoming F1’s first Chinese outfit ‌would be expensive and linking up with an existing team poses challenges, so a sponsorship-based approach might provide an easier pathway into the sport.

Italy's Meloni and South Korea's Lee agree to deepen ties in Rome talks
Reuters99d agoneutral
Italy's Meloni and South Korea's Lee agree to deepen ties in Rome talks

ROME, June 12 () - Italy's Prime Minister Giorgia Meloni and South ‌Korean President Lee Jae Myung on ‌Friday pledged to deepen bilateral ties, signing ​memorandums spanning technology and development cooperation. • The leaders discussed closer cooperation in semiconductors and high-tech sectors including artificial intelligence, ‌space, automotive and ⁠energy.

Auto & Transport Roundup: Market Talk
The Wall Street Journal114d agoneutral
Auto & Transport Roundup: Market Talk

Find insight on Ferrari, United Airlines, Singapore Airlines and more in the latest Market Talks covering the Auto and Transport sector.

Ferrari reverses after controversial EV announcement
TheStreet115d agoneutral
Ferrari reverses after controversial EV announcement

U.S. car manufacturers have learned a valuable lesson about electric vehicles over the past couple of years: American consumers don't like expensive EVs. That's why Ford is still pushing hard for EVs despite the $19.5 billion in losses it was recently forced to write down in its electric vehicle ...

Ferrari's First EV Fails to Impress Investors
The Wall Street Journal116d agoneutral
Ferrari's First EV Fails to Impress Investors

Europe’s most valuable automaker took the wraps off its first-ever model without an internal combustion engine Sunday. Designed in partnership with celebrated Apple alumnus Jony Ive, the Ferrari Luce is big on glass, light and space.