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Ferrari Q1 2025 Earnings Soar: Revenue Up 18% as Luxury Demand Defies Economic Slowdown

Ferrari NV stunned markets with a powerhouse first quarter in 2025, posting €1.8 billion in revenue – an 18% year-over-year leap – as affluent buyers worldwide continued to splurge on its high-margin luxury cars and ultra-exclusive customization services. Net profit roared to €450 million, marking a 22% surge that defied analyst projections and cemented Ferrari’s […]

Volkswagen Accelerates: Q1 Profit Jumps 40% as EV Strategy Powers Ahead

Volkswagen Group stunned markets with a 40% surge in Q1 operating profit to €7.6 billion, crushing analyst estimates of €6.2 billion, as its aggressive electrification strategy finally bears fruit. The German automaker now leads Europe’s EV transition with 21% market share. Key Highlights: EV Breakthrough: Battery-electric vehicle sales up 78% to 310,000 units Margin Expansion: Automotive gross […]

Volvo Cars Charges Ahead: Q1 Profit Surges 62% on Strong EV Demand

Volvo Cars delivered a record-breaking first quarter, with operating profit skyrocketing 62% year-over-year to SEK 8.2 billion (€720 million), fueled by unprecedented demand for its electric vehicle lineup. The Swedish automaker’s bold electrification strategy is paying off, with EV sales now representing 48% of total deliveries – up from just 29% in Q1 2024. Key […]

Trump Tariff Fears Force Nissan to Block New US Sales of Mexican-Plant Infiniti Models

Nissan Motor Co. has suspended new U.S. orders for Mexican-built Infiniti SUVs, citing “evolving trade policy conditions” as  President Trump proposes aggressive new tariffs on vehicles imported from Mexico. The affected models include: Infiniti QX50 (Aguascalientes plant) Infiniti QX60 (manufactured in Smyrna, TN but uses 40% Mexican parts) Key Developments: Decision impacts 2025 model year inventory Existing […]

Asian Auto Stocks Extend Losses as Trump’s Import Tax Plan Sparks Selloff

Asian automakers faced another day of declining share prices as markets reacted to former U.S. President Donald Trump’s push for hefty new import taxes on foreign-made cars. Industry giants such as Toyota, Honda, and Hyundai recorded further drops, with analysts warning that the policy could squeeze profit margins and disrupt international trade flows. Trump, who […]