Category : Automotive
Porsche posts €967 million quarterly loss in Q3 2025
BERLIN, Oct. 25, 2025: Porsche AG reported an operating loss of €967 million for the third quarter of 2025, its first quarterly loss since the company went public in 2022. The result compares with an operating profit of €974 million in the same period a year earlier, marking a sharp reversal for......
US launches probe into 2.9 million Tesla cars with FSD software
WASHINGTON, October 9, 2025: U.S. auto safety regulators have opened a formal investigation into nearly 2.9 million Tesla vehicles equipped with the company’s Full Self-Driving (FSD) system following reports of traffic violations and multiple crashes involving the software. The National Highway Traffic Safety Administration (NHTSA) confirmed Thursday that it has launched a preliminary......
Cadillac’s new EV concept targets rugged terrain
Cadillac has unveiled its latest concept vehicle, the all-electric Elevated Velocity crossover, ahead of its public debut at The Quail, A Motorsports Gathering in Carmel, California, on August 15, 2025. Designed as a high-performance 2+2 luxury crossover, the Elevated Velocity concept integrates Cadillac’s V-Series performance lineage with a futuristic off-road capability and refined......
US auto industry pivots away from full electrics
United States automakers are recalibrating their strategies following significant shifts in federal electric vehicle policy under President Donald Trump. Since taking office, Trump has acted to dismantle measures favoring EVs, beginning with an executive order to eliminate what he described as an “electric vehicle mandate” and to end subsidies benefiting the......
Dodge Durango SRT Hellcat offers 710 horsepower for under $80k in 2026
Dodge has announced that starting August 13, 2025, every model in the 2026 Dodge Durango lineup will come standard with a HEMI V-8 engine. This marks the first time the entire Durango range, from the base GT to the high-performance SRT Hellcat, will be powered exclusively by V-8 engines, a......
Lamborghini unveils bespoke Temerario Porto Cervo edition
Lamborghini has unveiled the first Ad Personam edition of its newly launched Temerario, debuting in Porto Cervo, Sardinia, during the height of the summer season. The model, named Temerario “Porto Cervo” for the occasion, was introduced at a private gathering in the exclusive Casa Fiorichiari within the Twiga club, attended......
US tariffs and tax changes force Mercedes-Benz EV price drop
Mercedes-Benz has announced significant price reductions for its EQ electric vehicle (EV) lineup in the United States, in response to weakening demand and the impact of new trade tariffs introduced by former President Donald Trump. The automaker is also temporarily suspending deliveries of several EQ models, including the EQS and EQE......
Uber plans to expand with 20000 robotaxis through Lucid and Nuro
Uber has announced plans to deploy 20,000 robotaxis over the next six years as part of its long-term strategy to expand its autonomous vehicle operations. The ride-hailing company confirmed the fleet will consist of electric SUVs manufactured by Lucid and fitted with self-driving technology developed by California-based start-up Nuro. The vehicles will......
Tesla updates Model Y with new look and better tech
Tesla has launched a redesigned version of its Model Y electric SUV in major global markets, including China, Europe, North America, and the UAE. The refreshed model, referred to internally as “Juniper,” introduces exterior styling changes, improved range, and new interior technology aimed at strengthening its position in the competitive electric vehicle segment. The......
Mercedes-Maybach SL 680 debuts with V8 power and elite luxury
Mercedes-Maybach has introduced its exclusive SL 680 Monogram Series, bringing new levels of performance and luxury to the high-end roadster segment. Designed as an elite variant of the Mercedes-AMG SL, the new model combines signature Maybach craftsmanship with powerful engineering and cutting-edge technology. The Mercedes-Maybach SL 680 Monogram Series is......
