Ferrari N.V. is a luxury automotive manufacturer renowned for its high-performance sports cars and a legacy steeped in racing heritage. The company crafts meticulously designed vehicles that embody speed, precision, and elegance, appealing to a discerning clientele. Beyond the production of iconic cars, Ferrari also engages in extensive brand development, promoting a lifestyle associated with exclusivity and luxury. Its commitment to innovation and sustainability is evident in its ongoing efforts to integrate advanced technologies into its vehicles, all while maintaining the distinctive character that defines the Ferrari brand. The company also participates in motorsport events, reinforcing its reputation for excellence in performance and engineering. Read More
rel=noreferrer noopener>Chinese EV Companies See Huge April Growth: XPeng Surges 273% In DeliveriesFerrari's stock drops after reporting first-quarter results and guidance, with sales growth and profits beating analyst estimates.
“Another year is off to a great start” said Benedetto Vigna, CEO of Ferrari. “In the first quarter of 2025, with very few incremental shipments year on year, all key metrics recorded double-digit growth, underscoring a strong profitability driven by our product mix and continued demand for personalizations. This confirms – once again – our strategy of ‘quality of revenues over quantity’. We continue to enrich our product offering – in line with our plans – with six new models this year, which include the newly launched 296 Speciale, 296 Speciale A and the much-anticipated Ferrari elettrica through a unique and innovative unveiling. We are very excited about what lies ahead.”
The automaker has lowered its full-year profit forecast but remains optimistic about offsetting some tariff impacts and maintaining its manufacturing investments.
Lagos Motors Group (LMG) is redefining the online luxury and high-performance vehicle sales experience in the U.S., offering a diverse inventory of over 10,000 vehicles from global brands.
Las Vegas, Nevada - April 24, 2025 - Mods4cars is now launching its retrofit SmartTOP convertible top control system for the 7th Gen Ford Mustang convertible. “We are delighted that we can now also offer a smart convertible top solution for the 7th Gen Ford Mustang Convertible,” says PR spokesman Sven Tornow. The SmartTOP modules are retrofitted to the vehicle to make the convertible top more convenient to operate.
BofA analysts discussed the impact of tariffs on automakers, with Ford and GM at high risk of negative ratings. Ford is pushing forward with low-cost EVs and connected vehicle subscriptions, while GM is focusing on Cadillac's EV transformation and Formula One participation. Tariffs may cost OEMs $6k-$8k per car, with potential cost passes to consumers.
The latest wave of US tariffs has reignited a debate that’s been quietly building across boardrooms and factory floors: in a fragmented global economy, where should advanced manufacturing actually happen? In April 2025, the US government implemented sweeping tariffs, including a 10% baseline on all imports and higher rates for specific countries, aiming to bolster … Continue reading "How This Smart Tech Company Beat the US Tariff Shock"
More than 70 Chinese and global automakers are unveiling over 100 new or refreshed EV and hybrid models at Auto Shanghai 2025 this week—intensifying an already cutthroat battle for market share in the world’s top auto market. With China’s consumer price war dragging into another year, the focus has shifted sharply toward next-generation technology—particularly automated … Continue reading "Auto Shanghai 2025 Accelerates Next Phase of EV Tech Race"
Hunters Mobile Car Detailing Roseville, a prominent name in the mobile car care industry since 2017, has announced expanding its service territory to include more comprehensive coverage across the Sacramento metropolitan area, focusing on Roseville, CA. This strategic expansion comes in response to increasing customer demand for high-quality auto detailing services that offer both convenience and exceptional results.
