Tag: AUTOMOTIVE
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Ferrari Q1 2025 Earnings: Hybrid Models Drive Strong Revenue
Ferrari has just revved up its financial engine, delivering a powerful performance in the first quarter of the year! The luxury sports car manufacturer has reported an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of €693 million, which is just a hairpin turn away from the estimated €697.1 million that analysts had their eyes…
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EU CO2 Flexibility Mechanism: What the 2025-2027
The European Commission has unveiled a flexibility mechanism that would let carmakers average fleet CO2 emissions across the three-year window from 2025 to 2027 instead of hitting a hard annual limit. Supporters say the plan recognises the tough reality facing manufacturers as they ramp up electric-vehicle production during supply-chain shortages and a patchy charging network.…
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Honda-Nissan Merger Canceled: What It Means for the Auto Industry
Honda and Nissan have officially canceled their planned merger, announced in December 2024, after significant disagreements during negotiations. Nissan made the announcement on February 13, 2025, confirming the termination of their memorandum of understanding with Honda and Mitsubishi Motors. The merger aimed to create the world’s third-largest automaker, competing with giants like Tesla and BYD,…