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Ferrari technicians inspect supercars on the production line inside the company’s factory in Maranello, Italy, October 2, 2025. REUTERS/Remo Casilli/File Photo Remo Casilli | Reuters Luxury carmaker Ferrari on Tuesday reported stronger-than-expected third-quarter profit, with net revenues jumping more than 7% compared to the same period last year. The Maranello, Italy-based sports car manufacturer posted … Read more
Ferrari plans to launch a digital token for its ultra-exclusive Hyperclub members, adding another luxury automaker’s entry into crypto markets. Summary Ferrari to launch a digital token for 100 Hyperclub members in 2027. The ‘Token Ferrari 499P’ lets members trade, bid, and access exclusive events. Ferrari expands crypto adoption beyond payments through a Conio partnership. … Read more
The Aston Martin DB12 Goldfinger Edition during the 007 takeover of Burlington Arcade on Oct. 29, 2024, in London, England. Dave Benett | Getty Images Entertainment | Getty Images Shares of Aston Martin fell as much as 10% on Monday morning after the British luxury carmaker issued a fresh profit warning, citing a challenging industry … Read more
Ford is recalling another 694,000 vehicles. The company says a fuel injector problem could cause engine fires. So far this year, Ford has issued 90 recalls, more than any automaker ever has in a full-year period. Just days after Ford recalled more than 850,000 vehicles for engines that could stall while driving, the automaker has … Read more
A Renault Espace E-Tech full Hybrid (L) and a Megane E-Tech 100% Electric EV (C) are displayed during the Geneva Motor Show 2024 at Palexpo on Feb. 26, 2024 in Geneva, Switzerland. John Keeble | Getty Images News | Getty Images Shares of French carmaker Renault plunged as much as 17% on Wednesday after the … Read more
Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Lotus plans to end production in the UK after more than 70 years, putting 1,300 jobs at risk in the latest blow to the country’s car industry. The British sports carmaker, controlled by Chinese carmaker Geely, … Read more
Guangzhou-based Xpeng is one of several Chinese electric car companies that’s started to expand overseas. Feature China | Future Publishing | Getty Images Chinese electric-vehicle maker Xpeng saw its shares in Hong Kong surge over 10% Thursday following upbeat earnings and stronger-than-expected revenue forecast for the second quarter. Its shares soared as much as 10.2% … Read more
In under four years, Seres Group Co., a small Chinese automaker once best known for its 30,000 yuan ($4,200) minivans, has beaten luxury legacy names like BMW and Mercedes to become the nation’s hottest high-end car seller. Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies Co. back in 2021 to launch the … Read more
The logo of an Aston Martin car is being seen at the 14th annual Yorkville Exotic Car Show on Fathers Day, June 16, 2024, in Toronto, Ontario. Nurphoto | Nurphoto | Getty Images Shares of Britain’s Aston Martin jumped 13% on Monday after the luxury carmaker said it will raise more than £125 million ($161.7 … Read more
Just days after President Trump turned the South Lawn of the White House into a Tesla car emporium, a member of his cabinet took to the airwaves urging Americans to buy Elon Musk’s stock as well. Tesla has become the main target of public resentment focused on its controversial CEO, with protests, boycotts, and even outright arson … Read more
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