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
Tag: FCA
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
Stellantis warns of $1.7 billion US tariff impact in 2025
Stellantis in April withdrew its guidance for a moderate recovery this year after a profit drop in 2024, citing an evolving trade scenario and uncertain impact of US tariffs. Stellantis said on Tuesday it faced greater headwinds this year including a 1.5-billion-euro impact from US tariffs for 2025, with operating income in the second half… Continue reading Stellantis warns of $1.7 billion US tariff impact in 2025
@Groupe PSA: PR First Half 2025 Results007738
AMSTERDAM – Stellantis N.V. today announced results for the H1 2025, reporting Net revenues of €74.3 billion, down 13% compared to H1 2024. This decline was primarily driven by North America and Enlarged Europe regions, partially offset by growth in South America. Results also reflect the impacts of foreign exchange headwinds, tariffs, and declines in… Continue reading @Groupe PSA: PR First Half 2025 Results007738
Electric Maserati MCPura could still happen – if customers want it
The electric version of the Maserati MC20 supercar could still see the light of day if the market picks up, says Maserati, after it cancelled the model earlier this year, citing insufficient demand. Promising huge power and similar dynamics to those of the V6 car, the MC20 Folgore would have been the first electric supercar on… Continue reading Electric Maserati MCPura could still happen – if customers want it
Bit2Me, first Spanish-speaking fintech authorized as a Crypto-Asset Service Provider under the MiCA regulation by the CNMV
Bit2Me has become the first Spanish-speaking fintech to receive authorization from the CNMV to operate as a Crypto-Asset Service Provider (CASP), in accordance with the procedure required by the European Markets in Crypto-Assets Regulation (MiCA). The Regulation came into effect on December 30, 2024. With this approval, once Bit2Me is registered with the official records of… Continue reading Bit2Me, first Spanish-speaking fintech authorized as a Crypto-Asset Service Provider under the MiCA regulation by the CNMV
@FCA: Hagan Advances to Semifinals at NHRA Sonoma Nationals
July 28, 2025 , Auburn Hills, Mich. – Dodge racer Matt Hagan continued to produce impressive results in his Tony Stewart Racing (TSR) Johnson’s Horsepowered Garage Dodge//SRT Hellcat Funny Car at the NHRA Sonoma Nationals before losing a close race in the semifinals Sunday, while TSR Dodge//SRT teammate Tony Stewart took his first 2025 first-round loss… Continue reading @FCA: Hagan Advances to Semifinals at NHRA Sonoma Nationals
Pebble Beach Concours d’Elegance Marks 75 Years of Formula 1
Celebration of 30+ Cars includes Niki Lauda’s Legendary Ferrari 312 T2 PEBBLE BEACH, Calif., July 28, 2025 /PRNewswire/ — In 1976, Niki Lauda and the Ferrari 312 T2 reshaped what it meant to be a champion. “Ferrari is synonymous with Formula 1, being the only manufacturer to have contested all 75 F1 seasons and winning 15… Continue reading Pebble Beach Concours d’Elegance Marks 75 Years of Formula 1
A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector
A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images U.S. President Donald Trump has hailed the framework trade agreement with the European Union as the biggest trade deal ever made and one that promises to be “great… Continue reading A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector
Up to £10k off EVs as makers slash prices to beat new grant
Car makers from Hyundai to Volvo are offering up to £3750 off new electric cars as they wait for the arrival of the UK government’s new Electric Car Grant (ECG). Announced earlier this month, the ECG has been introduced as a way of stimulating EV sales in the UK, following a period of stagnation since the… Continue reading Up to £10k off EVs as makers slash prices to beat new grant