Ferrari NV

Ferrari posts 21% hike in full-year profit, sees 2025 growth

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The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital.  Martyn Lucy | Getty Images News | Getty Images Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personal touches to its vehicles. Ferrari posted net profit of 1.53 … Read more

Car giants endured a torrid 2024 and few expect 2025 to be much better

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An employee of the Volkswagen plant in Zwickau stands next to the VW logo on the factory premises during an information event organised by the Works Council of Volkswagen Saxony in Zwickau, eastern Germany, on October 28, 2024.  Jens Schlueter | Afp | Getty Images A perfect storm of challenges for the European automobile industry … Read more