British automaker Aston Martin said it's cutting up to 20% of its workforce as it battles supply chain chaos caused by President Donald Trump's shifting tariff policy. The company, which is known for its sleek supercars favored by James Bond, said in its Wednesday earnings report that it expects operating expenditure and capex savings of about £40 million ($54 million) from the cuts. Trump imposed a 25% tariff on car imports last April, adding export costs to the supercars hand-made in Aston Martin's UK fac ...

Private collection of five exceptionally preserved, low-mileage super and hypercars led by single-owner Nero Ferrari Enzo and the first public U.S.-market offering of a Ferrari Monza SP2 | Set for March 6-7 at the Ritz-Carlton, Amelia Island, Broad Arrow’s two-day sale is the official auction of the renowned Amelia Concours d’Elegance | Additional recent entries include milestone models across Ferrari’s illustrious history, featuring a 1990 Ferrari F40 and a 1954 Ferrari 500 Mondial Pinin Farina Spider | Co ...

Broad Arrow set to offer incredibly original, matching-numbers, fully evolved 1972 Lamborghini Miura P400 SV at company’s fourth annual Amelia Concours Auction | Set for March 6-7 at the Ritz-Carlton, Amelia Island, the two-day sale is the official auction of the renowned Amelia Concours | Supercars then and now: Remarkable example of the original supercar is offered alongside desirable modern supercars and hypercars including a 2008 Bugatti Veyron EB 16.4 Coupe, a 1988 Porsche 959 SC Reimagined by Canepa, ...

Core Insights - Penske Automotive Group experienced a decline in sales of German luxury brands due to tariff disruptions, a shift towards battery-electric vehicles, and a challenging operating environment in the UK [2][3] Sales Performance - New sales of German luxury brands fell by 20% in the U.S. and 22% in the U.K., with a decrease of over 2,800 battery-electric vehicle units compared to Q4 of the previous year [3] - BMW of North America reported U.S. sales of 117,506 units in Q4, down 3.4% from Q4 2024, while Mercedes-Benz USA reported 79,350 units, down 12% [5] - For the full year, BMW's U.S. sales reached a record 388,897 vehicles, up 4.7%, and Mercedes-Benz's sales were 303,200, up 1% [6] Financial Performance - Penske Automotive reported a net income of $186.7 million in Q4, a decrease of 25.4% year-over-year, and a full-year net income of $937.9 million, down 3.6% [7] - The retail automotive segment achieved record revenue and gross profit in both Q4 and the full year, with parts and service revenue of $831.9 million in Q4, up 5.1%, and $3.2 billion for the full year, up 5.3% compared to 2024 [8] Market Share - Premium-luxury brands constituted 71% of Penske Automotive Group's worldwide dealership revenue in 2025, with BMW leading at 25%, followed by Porsche at 10%, Audi at 9%, and Mercedes-Benz at 8% [4]

Core Insights - Park Place Dealerships, part of Asbury Automotive Group, Inc. (NYSE: ABG), has initiated the construction of a new Porsche dealership and an expanded Volvo facility in Dallas, indicating a strong commitment to enhancing the luxury automotive retail experience in North Texas [1] Company Developments - The project involves a significant investment in client experience and is expected to shape the future of luxury automotive retail in the region [1] - Park Place Dealerships acquired 15 acres of land in December 2024 for this development [1] - The state-of-the-art Porsche dealership is projected to be completed by 2027 [1]

The 2026 Tiguan’s high-output turbocharged evo5 is one of the most complex and highly stressed gas engines Dan Neil has ever seen in a car not named Porsche https://t.co/HaPX6W9TZA ...

Michael, what do think about the Ferrari numbers. I know you were at the Capital Markets Day that really brought this stock down so much last year. Yeah.Very good set of numbers this morning and much needed because, you know, the shares price is down over 40%. And part of that was because of the Capital Markets Day. They had underwhelming targets for 2030.Management probably focused a bit too much on their electric bev, which is just about to come up, and probably not enough on the v twelves, the limited ed ...

When it comes to Ferrari, what distinguishes Ferrari from Porsche, for example. The fact that Ferrari has been so successful while the other luxury carmaker has just been lagging behind so much. Well, certainly volumes. So, Ferrari sells 14,000 units or or slightly under that a year. Porsche, 300,000 units. So it's the scarcity value. It's the pricing power. So in the fourth quarter, the average price of the Ferrari was €470,000. The average profit per car was €220,000. So it's very unique in its pricing an ...

Porsche, BMW... Dollar Tree? The discount retailer is moving into more higher-income neighborhoods https://t.co/GOquDVv0nV ...

Core Insights - Broad Arrow Auctions is set to host its Amelia Auction on March 6-7, 2026, featuring over 150 performance cars from the 1990s and 2000s, making it a significant event for collectors and enthusiasts [1][2]. Auction Highlights - The auction will showcase a 1996 Nissan NISMO 400R, estimated between $900,000 and $1,100,000, which gained popularity through the Gran Turismo video game series and is considered a cultural icon [2][3]. - Another highlight is the 2006 Mercedes-Benz CLK DTM AMG Cabriolet, estimated at $550,000 to $650,000, known for its performance and limited production of only 80 units [5][6]. - Additional notable cars include a 1993 Jaguar XJ220, a 1997 Mercedes-Benz SL 70 AMG, a 1997 Porsche 911 Carrera 4S, and a 2001 RUF RGT, each with unique features and historical significance [1][11][22]. Vehicle Specifications - The Nissan NISMO 400R features a 2.8-liter twin-turbocharged inline-six engine, producing 400 horsepower, capable of accelerating from 0 to 60 mph in four seconds, and has a top speed of 186 mph [3][4]. - The CLK DTM AMG Cabriolet is powered by a 5.4-liter supercharged V8 engine, generating 582 horsepower and 590 lb-ft of torque, achieving 0 to 62 mph in four seconds [5][6]. - The 1993 Jaguar XJ220 was the world's fastest production car at its debut, with only 281 units produced, showcasing advanced engineering and design [22]. Market Position - Broad Arrow Auctions, driven by Hagerty, is recognized as a leading global collector car auction house, focusing on connecting exceptional collector cars with enthusiasts worldwide [14]. - The auction aims to cater to a diverse range of collectors, emphasizing cars that have made a significant cultural impact during the Y2K era [10].