Driver dies in Xiaomi EV fire, shares dive over 8%
A fire in a Xiaomi electric vehicle (EV) in Chengdu killed the driver early on Monday, shaking confidence in the ...
Tag: Luxury cars
U.S. faces sharp drop in electric vehicle sales after tax credit ends
Americans may see smaller electric vehicle choices soon, even as buyers worldwide accelerate the shift to clean vehicles. Sales of ...
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 ...
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 ...
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