Latest in Luxury Carmaker Sees
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Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.The New York Times - 2d -
Ferrari shares pop 8% as luxury carmaker sees further earnings growth in 2025
Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization.CNBC - 7h -
Carmakers’ shares hit as US tariffs threaten supply chains
Auto industry relies on operations in Mexico and Canada to supply American marketFinancial Times - 1d -
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LVMH watch and jewelry CEOs see luxury sales picking up in 2025
After a year of declines, sales of watches and jewelry at luxury giant LVMH rebounded in the latest quarter and continued to shine into January, according to several of the company’s brand CEOs.NBC News - 4d -
LVMH watch and jewelry CEOs see luxury sales picking up in 2025
The CEOs of Tiffany & Co., TAG Heuer and Bulgari and the director of watches for Louis Vuitton weigh in on China sales, tariffs and luxury best-sellers.CNBC - 4d -
Tesla and Chinese Carmakers Could Reap Billions From EU Emissions Rules
European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals in increasingly large amounts.The New York Times - 4d -
Luxury slowdown? Not at haute couture
Alessandro Michele made his couture debut at Valentino and Schiaparelli revived the corsetFinancial Times - 4d -
A young couple paid for a luxury maternity home. Then it suddenly closed
In China, consumers often have little recourse when things go wrong. This time they investigatedFinancial Times - 4d -
Shares of LVMH drop 5% as full-year results throw doubt on broad luxury recovery
LVMH shares dropped as slightly better-than-expected full-year results from the world's largest luxury company threw doubt over a broader sector recovery.CNBC - 6d -
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World's largest luxury group LVMH posts better than feared full-year sales
The world's largest luxury company LVMH on Tuesday reported better-than-expected full-year sales, in the strongest sign yet of a potential turnaround in the high-end sector.CNBC - Jan. 28 -
GM’s stock falls as carmaker signals that tariffs may impact its outlook
GM topped Wall Street’s fourth-quarter adjusted profit estimate as sales rose 11%, but the carmaker’s stock fell back.MarketWatch - Jan. 28 -
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Which Says Luxury: Specialty Work or Gobs of Gems?
Brands still pile on the glitter, but skills such as enamel and miniature work have become the real distinguishing characteristics of high-end watches.The New York Times - Jan. 26 -
Knife-wielding robber who stole £4m of luxury cars caught after online boasts
Kyle Camp and his gang threatened owners at home and stole £4m worth of cars in Greater Manchester.BBC News - Jan. 25 -
New Luxury Hotel in Serbia Will Be a Trump-Kushner Joint Project
The plan illustrates the continued ambitions of the Trump family to forge new international deals even as President Trump has returned to the White House.The New York Times - Jan. 25 -
Luxury brands urge return of UK tax-free tourist shopping
Watch and jewellery companies report double-digit falls in sales to foreign visitors since measure was abolished post-BrexitFinancial Times - Jan. 24 -
GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
DETROIT — General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this ...NBC News - Jan. 23 -
GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq.CNBC - Jan. 23 -
For drag queen talk show host Delta Work, the phrase 'luxury public access' is more than a manifesto
On Thursday, Delta is celebrating her birthday and her podcast's 2025 kickoff with an installment of 'Very Delta Live' at Hamburger Mary's in Long Beach.Los Angeles Times - Jan. 23 -
2025 Travel: Luxury Resorts Prioritize Privacy and Being Worth the Expense
Even travelers of means want their money’s worth as they go farther afield, avoiding crowds and heat waves.The New York Times - Jan. 22 -
European carmakers braced for tough 2025 despite ‘firework’ of launches
Stricter emissions rules and more discounts are forecast to add to the sector’s challengesFinancial Times - Jan. 20 -
Luxurious Pompeii spa complex unearthed after 2,000 years
A huge private bathhouse is found after lying hidden for 2,000 years under volcanic rock and ash.BBC News - Jan. 17 -
Luxury’s ‘America first’ moment
Flush stock market investors and newly-minted crypto bros have clearly been busy with festive shoppingFinancial Times - Jan. 17 -
Why ’Succession’-style ‘quiet luxury’ may need to go away to revive luxury goods
Winning back shoppers and reviving the luxury-goods industry’s sales will depend in part on ditching the plain, understated tones of the “quiet luxury” trend, BofA analysts said.MarketWatch - Jan. 16 -
Your car knows a lot about you. The FTC wants to make sure GM and other carmakers don’t take advantage.
U.S. regulators took aim at General Motors and its OnStar unit late Thursday, saying that they had taken their first-ever action related to connected-vehicle data.MarketWatch - Jan. 16 -
Richemont stock is surging by the most ever. Other luxury plays are jumping too.
The struggling European luxury-goods sector roared to life Thursday after Richemont reported its highest-ever quarterly sales as it blew by analyst estimates.MarketWatch - Jan. 16 -
European carmakers call for ‘grand bargain’ with Trump to avoid trade war
Concern over US tariffs heaps pressure on industry struggling with electrification and competition from ChinaFinancial Times - Jan. 16 -
Luxury goods groups drive European stocks to highest level in a month
LVMH and Hermès push up Cac 40 after Richemont’s better than expected salesFinancial Times - Jan. 16 -
DC's Amazon lawsuit reminds us that safety is a luxury for Black Americans
While America was getting more violent, it was Black Americans who felt the increase most acutely.The Hill - Jan. 11 -
Italy’s luxury wineries rely on illegal migrant workers
Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourersFinancial Times - Jan. 10 -
Uncertainty Over Trump’s EV Policies Clouds 2025 Forecast for Carmakers
Possible tariffs and an end to a $7,500 tax credit are only two factors that could affect automakers’ plans as the new administration assumes power.Inc. - Jan. 9 -
As Art Sales Fall, Christie’s and Sotheby’s Pivot to Luxury
With both supply and demand for big-ticket art in a slump, Sotheby’s and Christie’s are making major bets on selling handbags, classic cars and niche experiences.The New York Times - Jan. 9 -
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British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models
BMW-owned Rolls Royce Motor Cars, like other luxury car brands, has seen an uptick in demand for bespoke and complex car models in recent months.CNBC - Jan. 8 -
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Europe Wanted to Lead the World on EVs. Its Carmakers Can’t Keep Up
The lack of cheap EVs and the reliance on combustion engines is putting Europe’s plan to ban new petrol cars by 2035 at risk.Wired - Jan. 7 -
See the latest forecast covering the UK
The BBC's Carol Kirkwood explains what the next few days will look like across the UK.BBC News - Jan. 6