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Rolls-Royce Motor Cars on Tuesday unveiled Spectre Series II, a refreshed version of its luxury EV, adding 18% more range, faster charging, and a new suite of bespoke interior options. The update arrives as much of the auto industry retreats from its electric ambitions, especially at the high-end.
Ferrari (NYSE:RACE) introduced a special white race suit for Charles Leclerc at the Monaco Grand Prix, marking a visual break from its classic red look for the high profile event. Lewis Hamilton highlighted that he is reassessing how he uses Ferrari's simulator, focusing more on providing feedback than extensive simulator running, citing potential risks. Ferrari, through its Formula 1 program and broader brand, ties racing decisions closely to its identity as a high performance luxury and...
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The European stock markets were lower in Monday trading while oil prices soared as fighting in the M
Being early looks exactly like being wrong, right up until the moment it doesn't. For the better part of a decade, the car business agreed on one idea with almost religious certainty. The future was electric, and the only question was how fast. Every major automaker pledged a date. Every premium ...
Martin Pelletier: In investing, identity is your process, such as how you allocate capital or manage risk. Changing it can backfire
The 2026 Nissan Leaf, now sporting an all-new design both inside and out, is a welcome change.
Ferrari is again zigging when rivals zag, and unveiled its first full-electric vehicle recently -- but will the gamble reward investors?
Ferrari N.V. (NYSE:RACE) is one of the 12 Most Profitable Stocks to Invest In. On May 25, 2026, Ferrari N.V. (NYSE:RACE) unveiled the Ferrari Luce in Vela di Calatrava – Citta dello Sport in Rome. Ferrari said the model marks the culmination of its multi-energy strategy first announced at its 2022 Capital Markets Day. The […]
Pope Leo XIV got a first-hand look at the Ferrari N.V. Luce EV as the Italian automaker marked a shift in its powertrain strategy. Pope Leo X Ferrari Luce In a video posted on the social media platform X by...
Luxury automakers are still trying to balance electrification with brand identity.
Find insight on Ferrari, United Airlines, Singapore Airlines and more in the latest Market Talks covering the Auto and Transport sector.
It’s deemed outrageously expensive, it’s insulting to existing owners and perhaps most damning of all – it looks like a Nissan Leaf. Those are just some of the unflattering comments directed at Ferrari’s first electric car, the Luce, since it was unveiled earlier this week by the legendary Italian marque.
The boss of Ferrari has defended its new €550,000 (£475,000) electric vehicle (EV) after its launch was met with widespread derision this week.
The boss of Ferrari has defended its new €550,000 (£475,000) electric vehicle (EV) after its launch was met with widespread derision this week.
<body><p>STORY: Ferrari is receiving "strong interest" for its new electric model from new and existing customers.</p><p>That's what CEO Benedetto Vigna said on Thursday.</p><p>He defended the automaker's new model, called the Luce, after it was criticized following its unveiling.</p><p>Ferrari showed off the car in Rome on Monday.</p><p>And Pope Leo himself even got behind the wheel of Ferrari's first all-electric car on Tuesday.</p><p>But some commentators on social media weren't happy with the Luce's unconventional design for a Ferrari.</p><p>They also didn't like the automaker's decision to shift from its legacy petrol-powered engines.</p><p>Some on social media said the car - valued at just over $638,600 - looked nothing like a Ferrari.</p><p>Vigna said Thursday Ferrari has already received bank transfers and that clients who were at the unveiling wanted it.</p><p>He added Ferrari would give exact figures about orders in July when it releases second quarter results.</p><p>The auto giant's shares plunged by more than 8% on Tuesday, but rose slightly on Thursday.</p></body>
Ferrari NV (NYSE: RACE) was once one of the market’s most unstoppable luxury growth stories.
Ferrari (NYSE:RACE) has spent decades cultivating an image built on scarcity, sound and speed. The Luce, its first fully electric vehicle, has tested all three pillars at once, and the market's verdict was swift: the shares fell as much as 8% in the days following the Rome unveiling, wiping...
Investing.com -- Ferrari shares dropped sharply on Wednesday after the Italian automaker unveiled the controversial exterior design of its first all-electric model, the Luce, but Barclays analyst Henning Cosman is urging investors not to overreact, calling the selloff excessive and framing the design gamble as a deliberate and strategically sound move.
The Italian sports car maker is betting big on its new EV. But enthusiasts, analysts and an ex-chairman think the Luce is a lemon.
Ferrari (RACE) Chief Executive Benedetto Vigna said the company is already receiving orders from new
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By Alvise Armellini and Giulio Piovaccari ROME, May 27 (Reuters) - If Ferrari wanted to grab the world's attention with the Luce, its first all-electric car, mission accomplished - even if much of the
Italian automaker Ferrari N.V. shares trended downward in pre-market trading on Tuesday following the reveal of the company’s first-ever EV, the Ferrari Luce. Ferrari Luce Ferrari shares slid 2.88% to $338.20 at the time of writing this article as the...
Luxury's push into Formula One racing deepened with another big fashion brand joining the mix: Gucci.
Ferrari (BIT:RACE) has revealed the Luce, its first fully electric vehicle and first production car with five seats and four doors. The Luce introduces Ferrari to the battery electric segment, expanding beyond its traditional two door sports car focus. The project included input from designer Jony Ive, highlighting the model’s importance for Ferrari’s long term brand direction. Ferrari is known for high performance sports cars and limited volume GT models, so a fully electric, five seat,...
Ex-chairman Montezemolo warns Ferrari's Luce risks 'destruction of a legend' as RACE shares fall 6% after Rome reveal.
The automaker outsourced Luce’s design to LoveFrom, the San Francisco-based agency led by former Apple chief design officer Jony Ive.
<body><p>STORY: Ferrari shares plunged on Tuesday after the brand’s first electric vehicle got a cool response from fans, and investors.</p><p>The Luce is a radical departure for the luxury car maker.</p><p>Besides being electric, the five-seat sedan bears little or no resemblance to Ferraris of the past.</p><p>It drew a downbeat reception from many on social media, with Italy’s deputy prime minister even weighing in.</p><p>Matteo Salvini said “it looks nothing like a Ferrari. Is this supposed to be innovation?”</p><p>Former Ferrari executive Luca di Montezemolo called it a “betrayal” of the firm’s history.</p><p>Shares in the firm eventually closed down by over 8% amid the controversy.</p><p>Though some tried to sound positive.</p><p>One portfolio manager told Reuters that the car could appeal to a niche selection of buyers.</p><p>They would certainly have to be rich though, with the Luce priced at around $640,000.</p><p>Deliveries are expected to begin in the fourth quarter, and Ferrari hopes the model will help it win new customers beyond its traditional fan base.</p><p>That includes in China, where EVs are capturing a growing share of premium car sales.</p></body>
An avalanche of online memes make fun of the Luce’s design, and the company sheds $5 billion in market value.
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