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Luxury Cars

All articles tagged with #luxury cars

Aston Martin trims workforce as tariffs and EV shift reshape luxury auto
business1 day ago

Aston Martin trims workforce as tariffs and EV shift reshape luxury auto

Aston Martin will cut about 600 jobs (20%) after net losses rose by more than 50% last year, blaming US tariffs for the downturn. The luxury carmaker faces a tougher market, needs to accelerate electrification/hybrid tech, and may seek partnerships (e.g., with Mercedes) to regain profitability, while the West Midlands economy feels the impact of the cuts and industry-wide shifts toward EVs and changing consumer demand.

India trims EU luxury-car tariffs to 30%, opening market to BMW, Mercedes
world1 month ago

India trims EU luxury-car tariffs to 30%, opening market to BMW, Mercedes

India will immediately reduce import duties on high-end European cars to 30% from up to 110% under a new EU trade deal, with price-based caps and annual import quotas that together lift total allowed imports to 160,000 vehicles over 10 years; EVs priced above 20,000 euros will also see cuts, eventually reaching 10% over five years, while domestic EV makers like Tata and Mahindra remain protected for now. The move is expected to boost luxury-car availability and technology transfer for brands such as BMW, Mercedes-Benz, VW, Renault and Stellantis, though price reductions may not be immediate.

Rick Ross Turns His Driveway Into a Rolls-Royce Showroom
entertainment1 month ago

Rick Ross Turns His Driveway Into a Rolls-Royce Showroom

Rapper Rick Ross reportedly owns more than 100 vehicles, with Rolls-Royces at the top of his collection, including a Mansory-electric Dawn, a Mansory Cullinan, a 2013 Wraith, a Phantom, a $5 million Golden Owl Phantom, and a Hermes-interior 2025 Mansory Phantom named Saint Laurent; he even hosts a Georgia car show and once claimed to ride six different Rolls-Royces in a day.

Jaguar's EV-Upscale Bet Faces Dealer Doubts and Lease-Only Plan
business1 month ago

Jaguar's EV-Upscale Bet Faces Dealer Doubts and Lease-Only Plan

Jaguar is pivoting to an EV-only, low-volume, high-margin future aimed at rivaling Bentley, reportedly leasing rather than selling its new electric grand tourer to control the used-car market. The plan targets around 10,000 units per year with order books opening around a $130k price tag; dealers express uncertainty about a viable business case and the brand's future customer base, while Jaguar trains dealers and prepares to reveal the Type 00 prototype later this year, with the first production model expected in late 2025. The shift could alienate current buyers but may carve a niche among ultra-wealthy customers if successful.

Rolls-Royce Emphasizes Bespoke Luxury Over Electric Models for Elite Clients
luxury-cars1 month ago

Rolls-Royce Emphasizes Bespoke Luxury Over Electric Models for Elite Clients

Luxury automakers like Rolls-Royce, Aston Martin, Mercedes-Maybach, and Cadillac are expanding their bespoke services to cater to ultra-wealthy clients seeking highly personalized and artistic vehicle modifications, including custom colors, interior designs, and even pet portraits, reflecting a growing market for exclusive, story-rich automobiles among the global elite.

Woman Struggles to Open McLaren Door, Date Calls It a 'Green Flag'
entertainment2 months ago

Woman Struggles to Open McLaren Door, Date Calls It a 'Green Flag'

A TikTok video shows a woman struggling to open a McLaren door, which is normal due to the car's unique design, sparking humor and debate about what constitutes a 'green flag' in dating. The clip has gone viral, with viewers commenting on the situation and its implications for dating dynamics, while the creator explains the context and responds to criticism.