Investors punish Porsche as EV rollout stalls and profit forecast drops to record low
German luxury carmaker Porsche is facing a sharp financial squeeze as delays in its electric vehicle (EV) rollout, slowing demand ...
Tag: Luxury cars
Car ownership: Top five luxury cars under ₦20m you can buy in Nigeria
Car ownership in Nigeria is becoming more expensive, with average mid-size luxury sedans climbing over 25% in two years. Popular ...
Blume to quit Porsche CEO role amid investor pressure, shares fall 45% since IPO
Porsche has begun searching for a new chief executive as Oliver Blume prepares to step aside, ending a dual leadership ...
Lamborghini launches $3.5m Fenomeno, its fastest and most powerful car ever
Lamborghini has launched the Fenomeno, a limited-run supercar with only 29 units planned worldwide. The car delivers 1,080 horsepower from ...
Rolls-Royce Phantom 100, celebrated as an icon of art and luxury
For 100 years, the Rolls-Royce Phantom has been more than a luxury car. It has been a silent witness to ...
Five cars worth buying if you have an unlimited budget
By Nero Udu As the saying goes, different strokes for different folks. In the world of automobiles, you could say ...
Mercedes fights back, seizes 1.5 million fake car parts across the world
Mercedes-Benz is stepping up a global fight to stop the sale of dangerous fake car parts that threaten driver safety ...
Porsche absorbs $351m tariff costs to shield U.S. buyers from price hikes
Porsche, a luxury automaker has said it absorbed $351 million in U.S. import tariffs during April and May 2025 to ...
Born in 1948, desired forever: Why the Porsche 356 Is the ultimate collector’s dream
The Porsche 356 isn’t just a car but the foundation of an empire. Built from 1948 to 1965, it marked ...
From glory to grief: The tragic end of football star Diogo Jota and his brother
Liverpool forward Diogo Jota and his younger brother André Silva died in a fatal car crash in Spain early Thursday ...
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