Corporate / Financial

Ferrari Workers Pocket $18,000 Bonuses Thanks To 2025 Success

Ferrari's net revenue rose by seven percent to €7.1 billion last year. The yearly competitive award for employees in Italy is…

5 days ago

Volkswagen Group Eyes ‘Massive’ Cost Cuts: Report

The VW Group is looking to slash costs by 20 percent by the end of 2028. Plant closures could be…

6 days ago

SEMA Is Fighting To Save America’s Local Race Tracks

Small tracks face closure from 'nuisance' complaints and redevelopment. SEMA is using its PAC and lobbyists to push protective legislation.…

2 months ago

Ford Says Half Its Lineup Will Be Electrified by 2030: 'This Is a Customer-Driven Shift'

Customers want choice, and Ford needs to follow the money. Source link

2 months ago

US Luxury Car Market Will Nearly Double to $215 Billion by 2035

An exclusive new study led by Boston Consulting Group with duPont Registry Group projects that the US luxury and exotic…

2 months ago

Stellantis Is Still Figuring Out Which of Its 14 Brands to Keep

Stellantis calls its vast portfolio a “constellation of 14 iconic automotive brands,” but managing all of them isn’t easy. In…

2 months ago

China Can ‘Put Us All Out of Business’

Ford CEO Jim Farley has been vocal about his love for Chinese EVs. It was a year ago when the Blue Oval's…

4 months ago

Porsche’s Operating Profits Have Plummeted

Porsche’s struggles in 2025 are no secret. In July, outgoing CEO Oliver Blume acknowledged that the company is facing significant…

4 months ago

Porsche Has a New CEO

After months of internal pressure and mounting dissatisfaction from investors, Porsche has announced that it will replace CEO Oliver Blume.…

4 months ago

AMG Is Getting a New Boss. Mercedes Keeps The Mystery

The last few years have been tumultuous for AMG, to put it mildly. In September 2022, Affalterbach did the unthinkable…

5 months ago