Keywords: Luxury cars
British luxury carmaker Jaguar Land Rover (JLR) plans to eliminate around 4,000 jobs over the next two years as part of a major cost-cutting program aimed at responding to mounting pressure on the global automotive market and the financial impact of a major cyberattack. The restructuring program is......
Range Rover has officially entered a new chapter in the luxury electric vehicle market with the unveiling of its first fully electric model, following a one-year delay in its planned market launch. Starting at around £154,070, or approximately $208,420, the new electric Range Rover represents......
Cristiano Ronaldo has once again offered fans a glimpse of his passion for exceptional automobiles, sharing images of his private garage on Instagram. The Portuguese football star described the vehicles simply as his “toys,” but the collection behind the playful caption represents a remarkable......
Ferrari delivered stronger-than-expected financial results for the second quarter of 2026, posting higher profitability despite a slight decline in vehicle deliveries. The Italian luxury sports car manufacturer continued to benefit from growing demand for its most exclusive models and an increasing number......
German automaker BMW is preparing to reduce its workforce by around 8,000 positions by the end of 2027 as part of a voluntary departure program agreed with employee representatives. The measure comes as the luxury car manufacturer faces weaker demand in key markets and growing pressure to improve efficiency. According......
British luxury carmaker Aston Martin has secured £550 million ($735.57 million) in new debt financing as the company strengthens its financial position and continues efforts to support its long-term growth strategy. The financing package is being led by funds managed by HPS Investment Partners,......
Bentley is preparing to unveil a new chapter in its history with the arrival of Torcal, a new model family that will expand the British luxury automaker’s lineup beyond its iconic Continental GT, Flying Spur and Bentayga ranges. Scheduled to be officially revealed on September 23, 2026, in London,......
Italian luxury sports car manufacturer Ferrari has introduced a limited-edition V12 model equipped with a manual gearbox, reaffirming its commitment to traditional driving enthusiasts while continuing its broader transition toward electrification. The new 12Cilindri Manuale combines Ferrari's naturally......
German luxury car manufacturer Porsche is moving forward with a new cost-reduction strategy as it seeks to adapt to a rapidly changing global automotive market. Company executives aim to finalize a second cost-cutting package before the summer holiday period, providing greater clarity for employees and......
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