Porsche reported a significant recovery in operating profit for the first nine months of 2026, reaching €1.74 billion compared with just €40 million in the same period last year. The results indicate early progress under CEO Michael Leiters, who took charge in January and introduced a restructuring strategy focused on reducing costs, streamlining operations and […]
Ferrari stepped into a new automotive era on Monday with the unveiling of its first fully-electric car, the “Luce,” in Rome, betting it can captivate drivers without its signature combustion engine roar. The four-door model boasts a top speed of 310 kph (193 mph) and carries a hefty price tag of more than €500,000 ($586,000). […]

