Category: US Motoring Press

Lamborghini Reports Strong Growth in Early 2025 Financial Performance

Automobili Lamborghini reported financial growth in the first quarter of 2025, with the company delivering 2,967 cars and generating €895.2 million in revenue, representing a 29.6% increase compared to the same period in 2024. Operating income reached €248.1 million, marking a 32.8% increase over the previous year’s first quarter. The Sant’Agata Bolognese-based manufacturer attributed the… Continue reading Lamborghini Reports Strong Growth in Early 2025 Financial Performance

Asia Investments UK and ANEVOLVE Acquire Majority Stake in Swiss Automotive Electronics Firm APAG

Asia Investments UK Private Limited and ANEVOLVE Private Limited have reached an agreement to acquire a majority stake in APAG Holding AG, a Swiss automotive electronics manufacturer. The transaction, announced on July 30, 2025, follows more than a year of negotiations between the parties. Under the terms of the deal, the Indian companies will initially… Continue reading Asia Investments UK and ANEVOLVE Acquire Majority Stake in Swiss Automotive Electronics Firm APAG

Tata Motors Reportedly Plans to buy Iveco in $4.5 Billion Deal; Stock Falls as Much as 3.9%

Tata Motors is planning to buy Italian truck maker Iveco in a transaction valued at $4.5 billion (around Rs 39,195), according to a report by The Economic Times. The Indian automaker would reportedly buy Iveco from its primary stakeholder, the Agnelli family. Shares of Tata Motors fell as much as 3.9% in the morning trade… Continue reading Tata Motors Reportedly Plans to buy Iveco in $4.5 Billion Deal; Stock Falls as Much as 3.9%

Hyundai sells 2.06 million vehicles globally in first-half 2025, India share is 14%

Hyundai Motor, which announced its global sales for the second quarter of CY2025 recently, has clocked total sales of 2.06 million vehicles (20,66,956 units) for the January-June 2025 period. This translates into an additional 3,112 units or a marginal 0.15% year-on-year increase (H1 CY2024: 2,063,844 units). The H1 2025 total comprises 1.01 million units, up… Continue reading Hyundai sells 2.06 million vehicles globally in first-half 2025, India share is 14%

Are things about to go from bad to worse for Tesla?

Tesla can normally rely on positive commentary from its biggest champion in the investment community, Morgan Stanley analyst Adam Jonas. After the second-quarter results and call featuring CEO Elon Musk, however, the Tesla ‘mega-bull’ was nonplussed. “Almost no detail on outlook. Tesla’s outlook continues to lack any specific targets on revenues or margins,” he wrote… Continue reading Are things about to go from bad to worse for Tesla?

Car Deal of the Day: an award-winning Volvo EX30 for just £286 a month

Easy to drive; cool Swedish design 209-mile range Just £285.79 a month  Volvo’s smallest electric SUV, the EX30, might possess much of the larger EX90‘s premium touches and design flair, but somehow it manages to undercut many of its more conventional, mainstream rivals. And nowhere is this more apparent than when it comes to leasing deals.… Continue reading Car Deal of the Day: an award-winning Volvo EX30 for just £286 a month

Best electric vans 2025

There can be a big difference between a van’s range on paper and what it can achieve in the real world, so it’s the latter which our expert road testers pay close attention to by testing these vans on various types of roads while carrying varying payloads. The better a van’s real-world performance, the higher… Continue reading Best electric vans 2025

Stellantis reinstates guidance but flags ‘tough decisions’ after $1.7 billion tariff impact

A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Auto giant Stellantis on Tuesday reinstated its financial guidance and touted a gradual recovery over the coming months. Stellantis, which owns household… Continue reading Stellantis reinstates guidance but flags ‘tough decisions’ after $1.7 billion tariff impact

Waymo plans to bring its robotaxi service to Dallas in 2026

A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022.  Paresh Dave | Reuters Alphabet’s Waymo unit plans on bringing its robotaxi service to Dallas next year, adding to a growing list of prospective U.S. markets for 2026, including Miami and Washington, D.C. Rental car company Avis… Continue reading Waymo plans to bring its robotaxi service to Dallas in 2026