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Ferrari sees lower impact from U.S. tariffs, confirms guidance

Reuters

a day ago

Automotive
Reuters

Ferrari sees lower impact from U.S. tariffs, confirms guidance

MILAN, July 31 (Reuters) - Luxury sports-car maker Ferrari ( opens new tab said on Thursday its core earnings rose 6% in the second quarter, supported by strong pricing power and richer product offerings, while seeing a reduced impacts from new U.S. tariffs on EU-made products. As part of a wider trade agreement, the United States and the European Union on Sunday agreed on a 15% tariff on imports of EU made products. As a consequence of the agreement, Italy-based Ferrari said on Thursday it was removing a 50 basis point risk on its profit margins it introduced in March, when the U.S had initially set tariffs on auto imports from the EU at 25%. However, despite seeing reduced impacts from tariffs, as well as now expecting lower industrial costs in the second part of the year, Ferrari only reiterated its existing forecasts for 2025. Milan-listed shares extended losses after the results were published to fall as much as 4.8%. The forecasts include one for full-year adjusted earnings before interest, tax, depreciation and amortization (EBITDA) growing to at least 2.68 billion euros ($3.07 billion). Ferrari said it now had "stronger confidence in the 2025 guidance". In the second quarter, adjusted EBITDA amounted to 709 million euros, matching an analyst consensus of 707 million euros in a Reuters poll. Pricing power in the quarter was supported by the deliveries of models of Ferrari's SF90 XX and the 12Cilindri families, the company said in a statement, as well as by increased personalisations and the positive country mix mainly driven by the Americas region. ($1 = 0.8741 euros)

Ferrari's core profit up 6% in Q2 as luxury carmaker sees reduced tariff impact

Reuters

a day ago

Automotive
Reuters

Ferrari's core profit up 6% in Q2 as luxury carmaker sees reduced tariff impact

RAY MASSEY: New Aston Martin would leave Bond shaken and stirred!

Daily Mail

7 days ago

Automotive
Daily Mail

RAY MASSEY: New Aston Martin would leave Bond shaken and stirred!

The suntan I earned should tell you everything. Spent mainly in glorious sunshine with the roof down, my day behind the wheel of Aston Martin's new open-top Vanquish Volante was both exhilarating and exciting. Hailed by Aston Martin as the jewel in its crown, the two-door, two-seater drop-top sportscar is supposedly 'the fastest, most powerful open-top series production Aston Martin to date', and 'the world's fastest, most powerful front-engined convertible' on sale today. But does it live up to the billing? To find out, I drove it through some of Britain's most beautiful scenery – the Yorkshire Dales and North Yorkshire moors. This is Herriot Country, after the vet James Herriot of All Creatures Great And Small fame. Fitting, really: the new Volante is one big beast that deserves respect. Push that accelerator hard, and the power – fed from the vast engine to the rear wheels via an eight-speed gearbox – is truly awesome. Propelled by an 835hp, twin-turbo 5.2-litre V12 engine, the new Volante accelerates from 0 to 62 mph in just 3.4 seconds, up to a top speed of 214 mph. That's just 0.1 seconds slower than its hard-top coupé sibling, developed alongside the cabriolet and launched last autumn. The standard GT grand tourer cruising mode offers effortlessly long-legged performance, but I quickly graduated to the more responsive Sport mode as my default setting – rationing the dynamic Sport+ mode for those moments of really letting rip. But while the rip-roaring blast gives an instant thrill, it also tires you out. Despite its power, the Volante entices you to sit back and take in your surroundings – especially on the winding roads of this region. First convertible deliveries will start in the autumn, with prices from £361,000 – a £27,000 uplift on the hard-top. The car I drove cost nearer £400,000 due to extras including dark Chimera Blue metallic paint, and orange brake calipers and livery. Inside were comfortable 16-way adjustable Sports Plus seats and a heated steering wheel. If new James Bond director Denis Villeneuve is looking for a sexy Aston Martin supercar for 007's next big-screen outing, he could certainly do worse. A convertible without compromise Aston Martin said designing and engineering both the hard-top Vanquish coupe and open top Volante variant simultaneously allowed them to create a convertible car without compromise while maintaining the design - whether the hood is raised or stored – and retaining maximum rigidity with minimum weight gain. The car's Electronic Stability Programme (ESP) and suspension helped give me extra confidence, grip and stability negotiating tighter corners. A newly developed stainless steel exhaust system with quad tailpipes allows occupants to experience the full V12 howl – though my car was fitted with the optional 10.5kg lighter titanium exhaust system, which uses a smaller muffler to give an even louder and distinctive roar. Putting up the acoustically enhanced fabric roof creates a snug cabin that feels little if at all different from the metal-top Vanquish coupe thanks to comparable levels of thermal insulation. Retracted to a height of just 260mm the roof can be stowed under the tonneau behind the seats without interrupting the car's flowing lines. Aston Martin's next generation infotainment system - with a Bowers & Wilkins 15-speaker surround sound system - combines a digital 10.25-inch driver display and the integrated 10.25-inch touchscreen system with single and multi-finger gesture control. A machine-knurled rotary dial surrounding the illuminated Stop/Start button made it easy to select my desired drive mode. Push button switches for Chassis, ESP, Exhaust and Park Distance Control meant I could operate the most used controls without taking my eyes off the road. Putting up the acoustically enhanced fabric roof creates a snug cabin that feels little if at all different from the metal-top Vanquish coupe thanks to comparable levels of thermal insulation Retracted to a height of just 260mm the roof can be stowed under the tonneau behind the seats without interrupting the car's flowing lines Aston Martin engineers worked with tyre partner Pirelli to develop a new Pirelli P ZERO Summer and Winter tyre designed specifically for Vanquish Coupe and Volante. A carbon ceramic brake system weighing 27kg less than conventional iron discs is fitted as standard to provide 'suitable stopping ability.' Smaller and sleeker frameless door mirrors aid the aerodynamic profile. Electronically deployable flush-fit door handles retain the smooth lines of its side profile. VERDICT Given the choice of the metal-roofed Vanquish coupe or the open-top fabric roofed Volante, I'd go for the latter as it offers a more fun and flexible option whether we're in a heatwave or enduring a deluge – and recently we've enjoyed or endured both. WILL IF FIT IN MY GARAGE? Price: from around £361,000 (a £27,000 uplift on the hard-top coupe) My car as driven: around £400,000 Style: 2-seater convertible Doors: 2 On sale: Now First deliveries: Autumn Convertible roof: Opens in 14-seconds, closes in 16-seconds at speeds up to 31mph Length: 4,850mm Width: 2,120mm (including mirrors) Width: 2,044mm (mirrors folded) Height: 1,296mm Wheelbase: 2,885mm Weight: 1,880kg Engine: 5.2 litre Twin Turbo V12 Power: 835horse-power Gears: 8-speed ZF automatic, with manual paddles. 0 to 60mph: 3.3 seconds 0 to 62mph: 3.4 seconds Top speed: 214mph MPG: TBC (expect circa 17 to 20mph) Boot space: Roof closed: 219 litres Roof stowed: 187 litres Extras on my car: Exterior:Chimera Blue metallic paint Gloss black grille Tinted carbon exterior tweaks Titanium exhaust Satin black 21-inch star-spoke wheels Orange brake calipers and livery Interior: Sports Plus seats with adjustable 16-ways with heating and ventilation Obsidian Black carpet Satin dark chrome highlights Heated steering wheel

Here's a teaser of the sportscar that could become Mercedes' next GT3 model

Yahoo

7 days ago

Automotive
Yahoo

Here's a teaser of the sportscar that could become Mercedes' next GT3 model

Mercedes has released teaser images of a new sportscar that is set to be the base for its next-generation GT3 racer. What the German manufacturer is calling the Concept AMG GT Track Sport is described as an 'uncompromising concept vehicle' that has been 'designed for absolute driving dynamic peak performance to set new standards and record times'. It demonstrates Mercedes-AMG's 'great expertise as a sportscar manufacturer and provides a preview of a possible expansion of the GT series', the short statement accompanying camouflaged images of the concept car continued. No mention was made of racing or the GT3 category, but the statement revealed that the car 'offers an exclusive insight into the development workshop in Affalterbach'. That is a reference to the new Affalterbach Racing GmbH division established last year on the takeover of the HWA organisation that developed the previous two Mercedes GT3 contenders, the SLS and AMG respectively released to customers in 2011 and 2016. Mercedes announced the start of the new company last July at the same time as revealing that a successor to the AMG GT3 would be developed at its facilities to the north of Stuttgart. Mercedes AMG Concept AMG GT Track Sport The only technical detail of the concept car acknowledged by Mercedes is that it is powered by a V8 engine like the first two GT3 racers. The 6.2-litre normally-aspirated powerplant was carried over from the SLS to the AMG GT3 even though there was no such engine in the road car range of the latter machine. Mercedes appears to be developing what might be described as a racer for the road in order to remain in a category in which it has enjoyed considerable success, including a pair of victories in each of the 24-hour classics at Spa and the Nurburgring. A study of the C192 model GT, introduced in 2023 to replace the C190 on which the current Mercedes-AMG GT3 is based, determined the car's unsuitability for motorsport. It is a 2+2 rather than a two-seater like its predecessor. No timeline was mentioned in the Mercedes statement for a possible introduction of the car, though it suggested that a commencement of testing is imminent. It talked of the project being 'finalised' prior to the concept car 'proving itself on the test tracks'. Read Also: George Russell 'at peace' with future as Mercedes focus on results after Max Verstappen talks To read more articles visit our website.

Honda's official motorsport partner is building a sportscar designed by Pininfarina

Top Gear

23-07-2025

Automotive
Top Gear

Honda's official motorsport partner is building a sportscar designed by Pininfarina

Honda's official motorsport partner is building a sportscar designed by Pininfarina JAS Motorsport is building a 'high-performance' road car, and Italy's sketching it Skip 1 photos in the image carousel and continue reading Turn on Javascript to see all the available pictures. A company called JAS Motorsport has revealed it is building a high-performance road car. JAS Motorsport has been Honda's official racing partner since 1998, winning touring car, GT and Rally titles, so it knows a thing or three about going fast. And a company called Pininfarina will design it. Pininfarina has knocked out some of the finest looking cars of the 20th and 21st century, so it knows a thing or fifteen about sketching out a high-performance road car. Advertisement - Page continues below We know nothing of what'll power this new high-performance road car, nor what it'll look like, barring the teaser image above. Pininfarina has only said it'll collaborate with JAS Motorsport on reimagining 'one of the most iconic sportscars of the past and offer it to the world of car enthusiasts and collectors'. Does that latter bit mean it'll be another slice of unobtanium? Certainly points to it, considering Pininfarina said it'll be built in Milan in an 'extremely limited edition'. As to the 'iconic sportscars' bit, your guess is as good as ours. Apparently the platform will be 'mechanical' (as opposed to… theoretical?) with 'the very latest automotive technology', will 'respect' its origins, and feature 'modern styling cues that will dress a chassis at the forefront of cutting edge construction technology'. So, there's that. We'll know more as both JAS and Pininfarina begin ramping up the development of the new sportscar, scheduled for a 2026 reveal. More as we get it. Advertisement - Page continues below Top Gear Newsletter Thank you for subscribing to our newsletter. Look out for your regular round-up of news, reviews and offers in your inbox. Get all the latest news, reviews and exclusives, direct to your inbox. Success Your Email*