Aston Martin has turned to the private credit markets for survival, securing more than $500 million in financing from HPS, the private credit arm of BlackRock. It is a transaction that says as much about...
The warning from Ford’s leadership is not simply about automobiles. It is a warning about a larger unraveling — the moment when the promises of American industrial dominance collide with the realities of a transformed...
Ferrari has discovered the oldest trick in the luxury playbook: make less, charge more, and let the queue grow longer. The Italian marque has raised its full-year financial forecast after a second quarter boosted by...
The rescue of Aston Martin is not a story of revival. It is a story of the financial machinery that now governs a wounded industrial economy. The 113-year-old British automaker, a symbol once associated with...
BMW has confirmed it will not attend this year’s Paris Motor Show, as new CEO Milan Nedeljkovic focuses on reducing costs following a major profit warning. The automaker said its decision to withdraw from the October event was...
Spain is turning to Chinese investment as it seeks to strengthen its automotive sector and accelerate the transition to electric vehicles. A government report highlights Madrid’s strategy of attracting major Chinese-backed projects while aiming to...