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Luxury Cars

All articles tagged with #luxury cars

Lamborghini’s Revuelto SV limited run sold out, locking future revenue
automotive11 days ago

Lamborghini’s Revuelto SV limited run sold out, locking future revenue

Lamborghini capped the Revuelto SV at 1,963 units with a starting price around $741,172, pre-selling globally before public reveal and booking forward revenue even as half-year deliveries fell. The move highlights scarcity as a margin strategy in a challenging market (tariffs in the U.S., weaker demand there) and signals how the brand plans to sustain profitability by limiting supply ahead of a U.S. market-wide refresh and the next generation of models.

via Yahoo Finance Singapore|
#automotive#lamborghini#limited-edition
From Million-Dollar Glamour to Bargain Classics: 7 ’70s Luxury Cars That Are Cheap Today
automotive13 days ago

From Million-Dollar Glamour to Bargain Classics: 7 ’70s Luxury Cars That Are Cheap Today

Jalopnik highlights seven ultra-luxury ’70s models that were prohibitively expensive when new but are surprisingly affordable used today, with current values roughly: Chrysler New Yorker Brougham about $9,230; Mercedes-Benz 450 SEL 6.9 around $30,200–$33,900; Bentley T2 about $13,500; Maserati Merak SS about $46,000; Aston Martin Lagonda S2 around $50,000; Stutz Blackhawk about $28,200; Rolls-Royce Camargue about $33,500. The drop in value is driven by maintenance costs, reliability quirks, and polarizing styling, turning iconic ’70s luxury into usable bargains for collectors and enthusiasts.

via Jalopnik|
#1970s#automotive#classic-cars
London Crackdown Seizes 90 Cars, Including Ferrari Monza SP2, in $10 Million Anti-Antisocial Driving Sweep
world18 days ago

London Crackdown Seizes 90 Cars, Including Ferrari Monza SP2, in $10 Million Anti-Antisocial Driving Sweep

London’s Metropolitan Police seized 90 cars worth about $10 million over a weekend crackdown on antisocial driving, including a 1-of-499 Ferrari Monza SP2 valued at around $4.7 million. The vehicles, many from upscale areas like Hyde Park, Kensington and Chelsea, were taken after drivers failed insurance or license checks amid alleged noisy, reckless behavior and convoy cruising; one arrest was also made in a separate drugs case. The operation involved 120 officers and support from the Motor Insurers’ Bureau, and police say more actions are likely as they continue to target dangerous driving.

via Road & Track|
#antisocial-driving#car-seizure#london
Four-Door Fury: Sedans That Can Outpace Sports Cars
technology27 days ago

Four-Door Fury: Sedans That Can Outpace Sports Cars

A handful of 2026 four-door sedans—BMW M5, Cadillac CT5-V Blackwing, Mercedes-AMG E53 Hybrid, and Lucid Air Sapphire—are delivering supercar-beating performance through hybrid and electric power, with the M5 at 717 hp and 0–60 mph in 3.4 seconds (top speed up to 190 mph with the M Driver's Package), the CT5-V Blackwing at 668 hp and 0–60 in 3.4 seconds plus a manual option, the E53 Hybrid at 557 hp and 0–60 in 3.9 seconds, and the Lucid Air Sapphire at 1,234 hp, 0–60 in 1.89 seconds, and a 205 mph top speed, showcasing a sport-sedan renaissance that blends practicality with extreme pace.

via SlashGear|
#electric-vehicles#four-door#high-performance
Ferrari’s 2027 Orders Are Fully Booked, Deliveries Push to 2028
business27 days ago

Ferrari’s 2027 Orders Are Fully Booked, Deliveries Push to 2028

Ferrari says its 2027 production is fully booked, with new orders not expected to ship before 2028. In H1 2026, deliveries reached 6,802 (down 285) with Europe, the Middle East, and Africa accounting for about half. About 70% of sales were combustion and 30% hybrids. The lineup continues to expand with the Luce EV and Purosangue updates, while several models retire; an open-top Aperta variant is teased and new 12Cilindri Manuale is sold out. Ferrari emphasizes exclusivity and a broad, evolving lineup despite Luce-related controversy.

via Motor1.com|
#business#electric-vehicle#ferrari
Ferrari defends Luce debut as orders ramp through 2027
business1 month ago

Ferrari defends Luce debut as orders ramp through 2027

Ferrari’s CEO Benedetto Vigna defended the Luce all‑electric launch, saying he would not change anything despite mixed reactions; the company reports its Luce order book is full through 2027 and has reportedly filled a near-500-unit annual target quickly, even as the stock fell on debut. The Luce, priced around 550,000 euros and designed with Jony Ive, marks Ferrari’s first EV and signals a staged rollout aimed at showcasing its novelties to lure buyers.

via CNBC|
#business#electric-vehicles#ferrari
Fed probe uncovers $30M health services fraud tied to luxury-car seizures
crime2 months ago

Fed probe uncovers $30M health services fraud tied to luxury-car seizures

Federal authorities say they busted a $30 million fraud conspiracy that billed for children’s behavioral health services that were never provided; 14 luxury cars, including a Maserati, Mercedes, Bentley and McLaren, were seized as prosecutors allege the ringleaders diagnosed every recipient with a behavioral adjustment disorder to bill Medicaid, while no assessments or care were ever delivered. Four defendants turned themselves in as the DOJ’s anti-fraud task force pursued charges, highlighting a scheme that exploited vulnerable youths attending camps and programs.

via CBS News|
#crime#doj#fraud
Ferrari’s five-seat Luce hits $645K and sparks design backlash
business3 months ago

Ferrari’s five-seat Luce hits $645K and sparks design backlash

Ferrari unveiled the Luce, its first electric five-seater, a $645K model touted for rapid performance (0-60 mph in about 2.5 seconds, 192 mph) but criticized for its look, which some say resembles a Nissan Leaf. The backlash coincided with a roughly 5% drop in Ferrari’s stock, as critics questioned demand for such an expensive, non-traditional Ferrari design. Ferrari defends the concept and notes plans to shift customers from combustion/hybrids to EVs, while market context shows rivals pausing EV plans and the broader luxury EV segment facing price sensitivity. The Luce is produced at Ferrari’s Italian plant and will hit the market in Q4, with an external sound system to mimic traditional engine roars.

via New York Post|
#business#design-criticism#electric-vehicles
Ferrari unveils Luce, its first all-electric flagship with 1,000+ hp
business3 months ago

Ferrari unveils Luce, its first all-electric flagship with 1,000+ hp

Ferrari revealed Luce, its first fully electric car, a four-door, five-seat flagship developed with designer Jony Ive and LoveFrom, priced at €550,000 ($640,000). The Luce packs four motors for over 1,000 hp, a top speed above 310 kph, a range over 500 km, and a luxury interior, with deliveries due in Q4 2026 as Ferrari targets broader markets such as China while maintaining its high-end image.

via CNN|
#business#electric-vehicle#ferrari
Bear-costume scam leads to insurance-fraud sentences for trio in California
crime4 months ago

Bear-costume scam leads to insurance-fraud sentences for trio in California

Three California residents were sentenced for insurance fraud after a scheme involving a person in a bear costume allegedly damaging luxury cars (a Rolls-Royce and two Mercedes) to file fraudulent claims totaling about $142,000 under the operation dubbed “Bear Claw.” The trio pleaded no contest and received a weekend jail program plus probation, with restitution over $50,000; a fourth suspect has a September court hearing. Detectives and a California Fish and Wildlife biologist confirmed the bear was human in costume, and the costume was found at the suspects’ home.

via NBC News|
#bear-costume#california#crime
Bear-Costumed Fraud: SoCal scheme pries payouts from luxury cars, trio jailed
crime4 months ago

Bear-Costumed Fraud: SoCal scheme pries payouts from luxury cars, trio jailed

A Southern California woman and two men in a bear costume staged “bear” attacks on a 2010 Rolls-Royce Ghost and two Mercedes vehicles in Lake Arrowhead to file fraudulent insurance claims. The trio submitted three claims with the same date and location, two of which were paid (totaling about $141,839) while a third was denied after investigators reviewed surveillance video and confirmed a human in the bear suit with help from a wildlife biologist. The defendants pleaded no contest and were sentenced to jail time for insurance fraud.

via Los Angeles Times|
#bear-suit#california-department-of-insurance#crime
Former Amazon Delivery Boss Convicted in $10 Million Fraud Linked to Luxury Cars and a $1 Million Home
business5 months ago

Former Amazon Delivery Boss Convicted in $10 Million Fraud Linked to Luxury Cars and a $1 Million Home

A federal jury convicted Brittany Hudson, operator of Legend Express LLC contracted by Amazon, on 30 counts of conspiracy, wire fraud, money laundering and forgery for stealing nearly $10 million through fake invoices. The funds funded a $1 million home in Smyrna and luxury vehicles (Lamborghini Urus, Dodge Durango, Tesla Model X, Porsche Panamera) and a Kawasaki motorcycle, in a scheme with her girlfriend Kayricka Wortham who pleaded guilty and was sentenced to 16 years with restitution. Hudson’s sentencing is set for June.

via WSB-TV|
#amazon#business#fraud
Aston Martin trims workforce as tariffs and EV shift reshape luxury auto
business6 months 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.

via BBC|
#aston-martin#business#electric-vehicles
India trims EU luxury-car tariffs to 30%, opening market to BMW, Mercedes
world7 months 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.

via Reuters|
#autos#eu-india-trade-agreement#luxury-cars