Industry Reports

McLaren W1 First Drive: Ferocious Hypercar Transcends the Track

You know things are getting serious when McLaren rolls-out the ‘1’ suffix. The origin story is, of course, the very first road car McLaren ever built, the F1. Designed by visionary Formula 1 aerodynamicist and engineer Gordon Murray, it arrived in 1992 and rendered all other supercars obsolete. The tiny, lightweight F1 embraced carbon-fibre material technology, adopted a radical centre seat driving position with two passengers set back and either side and was powered by a 6.1-litre V12 engine from BMW that might as well have been passed down directly from the Gods. Game-changer? That doesn’t even come close to describing its impact, even if at the time sales didn’t come easy… The P1 was very different. Rather than a unique side project from the Formula 1 team, it was instead a statement piece for McLaren Automotive, a new road car division still in its infancy. It arrived in 2013 and was a wild-eyed showstopper. It traded the long-legged gait and supple suspension of the F1 for a weaponized hybrid system capable of delivering 903bhp and huge blue flames from its drainpipe exhaust. In Race mode, it lowered by 2-inches and its massive concave rear wing extended into the sky. The P1 was all about aerodynamic downforce, crazed acceleration and a snorting, angry soundtrack that mixed venomous twin-turbocharged V8 with the manic whirr of electric motors. Not so much a car as a force of nature. And now there’s this: The W1. It’s a true successor to the P1 with a similar brief and, on the face of it, it evolves rather than radically reinvents McLaren’s vision for the ultimate hypercar. This is not a criticism. How could it be when the result is this dramatic and has such staggering, other-worldly potential? The W1 has 1258bhp delivered to the rear wheels. It’s capable of 0-124 mph in 5.8-seconds, the quarter mile in 9.6-seconds at 167 mph and produces 2205lbs of downforce at 174 mph. The active aerodynamics – particularly a rear wing that extends way out beyond the rear of the car – are pure performance art and deliver massive aerodynamic efficiency. The result, aside from looking extremely cool, is that the W1 is McLaren’s fastest road car around a racetrack. Ever. Their benchmark circuit is the breath-taking Handling Track at the Nardo proving ground in southern Italy, where the W1 beats their previous benchmark, the flyweight McLaren Senna, by three seconds per lap. Or “a lifetime” as they call it in racing. Maybe two lifetimes! Core to the W1’s performance is the new ‘Aerocell’ carbon fibre tub. With integrated seats and a raised footwell to allow for inboard pushrod-operated front suspension – which in turn gives air a clean path to the huge underbody diffuser – it’s light, stiff, space efficient and has been instrumental in McLaren realising a full ground-effect concept. Just like last year’s F1 cars, which were the fastest ever made. There is also an active front wing and the aforementioned complex rear wing dubbed ‘Active Long Tail’. All of which is very admirable. But the ‘anhedral’ or gullwing doors and the fantastically shirnked-wrapped feel to the minimalist, highly-focussed interior are a pretty good side effect. The W1 feels special. Those fixed seats are perhaps a shade more upright than expected, and the driving position is less obviously racecar than, for example, the Aston Martin Valhalla or Ferrari F80. However, once you’ve adjusted the pedals (they move on a slider) and the delicate, slim-rimmed and alcantara-trimmed steering wheel, there’s an overwhelming sense of purpose. The cabin is so tightly tailored and imparts a sense of lightness and agility before you so much as start the all-new 4.0-litre twin-turbocharged V8 engine, which makes 916bhp all on its own and revs to 9200rpm. Reach up to a roof-mounted control panel to find the starter button. Maybe this fighter plane trope is a little corny, but somehow you feel thrilled rather than manipulated. The W1 has a sense of humour as well as all that motorsport-derived sophistication. There’s a short delay, but when the engine does fire it’s instant – as the high-powered hybrid system negates the need for an old-school starter motor. A sharp flare of revs tells you that this engine is hyper-responsive and angry. On some deep level your brain and body have been sent all the signals required to prepare for something new and intense. Ahead of us, an empty Mugello racetrack, so press and hold the blue button next to the red starter to select Race mode. The centre display graphic shows the W1’s transformation in real time as it lowers by 37mm at the front and 17mm at the rear whilst simultaneously undocking all that active aero goodness. Race mode is not road legal and is geo-locked. You can show your friends and neighbours the aero dance, but it won’t allow you to select a gear to actually drive unless you’re at a circuit. Incidentally, the rocker switches either side of the display binnacle allow further options now: Toggle up the Handling control on the left for Race+ (for F1-spec super smooth tracks) or stick to Race for gnarlier ones. On the right toggle select ‘GP’ for sustained performance over a stint or ‘Sprint’ to unleash all 1258bhp for a time attack. There’s also a DRS and Boost function on the steering wheel. But I guarantee you won’t have the mental capacity to use them… Exit the pitlane, pin the throttle and W1 takes maybe a millisecond or two to gather its might (the gearing stretches to around 60mph in first, nearly 100mph in second, primarily to aid traction), but then lunges at the first turn with incredible ferocity. It instantly feels light, almost like inertia is no longer a thing. McLaren really does prize lightweight engineering, and at 3084lbs (dry) the W1 has a 278lbs advantage over the Ferrari F80. Plus, Ferrari uses figures for cars fitted with every single carbon fibre option. In reality, the gap is probably wider still. The impression of agility and stunning control continues as the track is unravelled at startling pace. The electric motor mounted to the side of the new 8-speed dual-clutch transmission is good for 342bhp and 324lb ft and it boosts any low rev lethargy the new flat-plane crank V8 might have (spoiler alert: It doesn’t appear to have any), so the W1 just feels massively, almost impossibly powerful at any revs. Even so, there’s real reward for wringing it out to 9200rpm and the power curve feels superheated but organic, too. In Race mode the steering – still hydraulically powered – has less assistance and it is noticeably heavier than other McLarens. However, that resistance is welcome as it gives you something to push against and imparts so much information about the front grip level. New Pirelli Trofeo RS tyres with a bigger front footprint than P1 or Senna really help. The front-end feels incredibly secure and the rear-axle follows with perfectly-aligned precision. The whole car feels super-stiff, completely locked into the surface and inspires confidence, but there’s an inherent agility and adjustability that means you’re quickly confident to push at its limits and really impose yourself on the chassis. It’s such a complex car but the driving experience is intuitive, and the driver feels a key contributor rather than just amazed (or terrified) observer, holding on for dear life. Every dynamic ingredient really is shockingly effective and yet has a subtlety and lightness of touch. From that delicious steering to the incredible brakes, the W1 just feels so mission-focussed, so hooked-up. Only the new 8-speed gearbox is a slightly disappointment. It’s fast and punchy, but after the scintillating energy of the Ferrari F80 ’box it feels competent rather than inspired. Other quibbles – it’s okay to quibble when the starting price is $2.1-million before tax and destination charge. Well, that new twin-turbocharged V8 sounds tightly wound and aggressive but if you have a P1 tucked in the garage you’ll miss the snorting, Darth Vader-style soundscape and all the drama that goes with it. Ferrari does this better, too. The F80 sounds deathly dull from the outside but is a riot of turbochargers, electric motors and all sorts of mechanical fury within the cockpit. Even so, the W1 is wildly entertaining on track, and the rear-drive configuration makes it more of a challenge and more satisfying than the F80 when chasing lap times or just sliding around for fun. In the Ferrari, you must second-guess what the front e-axle might do, whereas in the W1 it’s all on you. There are plenty of tools to help, including the ingenious Variable Drift Control, but somehow the W1 is more heroic. Or at least fools you into feeling more heroic – which is surely the point! On the road? Nimble, loaded with feel and sublime response. The ride is noticeably tougher than, say, a 750S but the control is ramped-up too, and with a bit more speed the whole car finds a delicious rhythm. Sport mode for the drivetrain brings some nice turbo whooshes and chirps, but the noise remains high-quality rather than extreme excitement. It is perhaps the one area the W1 feels just a little too tame. Of course, there’s nothing tame about the raw performance… which is genuinely shocking and literally hurts your neck muscles after a few hours. How McLaren has given the W1 such immense traction through just two driven wheels is beyond me. So, is it worthy of that ‘1’? I think so. Perhaps we won’t be talking about $25-million auction results for the W1 in 30 years from now, as we are for the F1. Perhaps it doesn’t quite have the amazing presence and jaw-dropping star quality of the simply gorgeous P1. But it is such an intense experience and the way it marries stunning track performance with delicate poise and entertainment on normal roads is something akin to magic. Maybe not ‘the one’ but definitely a searing, outrageous addition to McLaren’s fiercest family line. Just 399 W1’s will be built and they’re all sold. I’m not surprised at all. View All McLarens For Sale Images: McLaren Automotive

A large Volvo manufacturing plant with many parked cars is shown above, highlighting XC60 production, while a gray Volvo SUV is displayed below against a neutral background.

By Khris Bharath – July 17, 2025

Volvo Expands U.S. Operations With XC60 Production From 2026

Starting in late 2026, Swedish automaker Volvo will begin building the XC60, its global best-seller and most popular model in the United States, at its plant in Ridgeville, South Carolina. This move will not only strengthen Volvo’s manufacturing footprint in the U.S. but also help it stay competitive against the likes of other compact luxury SUVs in the market, a space which is currently dominated by the likes of BMW, Mercedes-Benz, and Lexus. Currently, most XC60s are manufactured at the brand's Torslanda plant in Sweden and Ghent facility in Belgium. The timing of moving production to America is no coincidence, as XC60 sales in the U.S. have surged nearly 23 percent in just the first half of 2025. Earlier this month, Volvo Car Americas reported 40,675 vehicle sales in the second quarter, with electrified models making up 40.8 percent of that total. This year, XC60 on its own now accounts for over a third of Volvo’s U.S. sales, with a quarter of those sales coming from plug-in hybrids. Globally, the XC60 just overtook the brand’s iconic 240 wagon to become Volvo’s best-selling model of all time, with over 2.7 million cars now on the road “Adding the XC60 to our Charleston production line will further strengthen its position and attractiveness in the competitive U.S. market, while supporting and creating American manufacturing jobs” - Håkan Samuelsson, CEO of Volvo Cars Now, the South Carolina plant already builds Volvo’s fully electric flagship EX90 SUV and the Polestar 3. With more than $1.3 billion invested over the last decade since it commenced operations in 2015 with production of the S60 sedan, the 2.3 million sq.ft facility is now equipped with a revamped body and paint shop, a state-of-the-art battery pack line. It also has the capacity to handle multiple platforms and technologies, and with production of the XC60 planned in both mild hybrid and plug-in hybrid variants, Volvo will be manufacturing vehicles for a broader spectrum of buyers “The XC60 is the right car for this market. It offers the best of Volvo in a versatile size with the powertrain options to suit our US customers.” - Luis Rezende, President of Volvo Cars Americas Besides rolling out a host of over-the-air tech upgrades for current customers and scaling up production of its best seller, Volvo is also adapting to broader shifts in the global automotive landscape. Earlier this year, the U.S. raised tariffs on the import of cars and spare parts. For Chinese-made electric vehicles, that figure went from 25 percent to 100 percent, forcing many automakers to rethink their supply chains. Volvo, owned by China’s Geely but headquartered in Sweden, has largely sidestepped that impact by manufacturing most U.S.-bound vehicles in Europe. Polestar, also under Geely, has localized production of the aforementioned Polestar 3 at the South Carolina plant. Volvo’s decision to build the best-selling XC60 in the U.S. is both strategic and symbolic. As it marks 70 years in the American market with over 5 million cars sold since 1955, the Swedish giant, renowned for Scandinavian design and some of the safest cars on the road, is doubling down on its commitment to build more where it sells. View All Volvo XC60s For Sale Source: Volvo

Side view of a parked blue convertible sports car on a road, with a forested background.

By Charles Bradley – April 06, 2025

How Trump’s U.S. Tariffs Will Impact Foreign Luxury Car M...

President Donald Trump’s proposed sweeping import tariffs on foreign goods are set to shake the global automotive industry — and luxury carmakers may feel the impact most acutely. With a new business strategy focused on reshoring manufacturing and protecting domestic production, Trump’s 25% tariff on new car imports will have far-reaching consequences for premium automakers that rely heavily on overseas production. What Trump’s Import Tariffs Mean for Luxury and Exotic Car Brands While many high-end automotive brands proudly showcase their national identity — such as Germany’s Porsche, Italy’s Ferrari, or the UK’s Aston Martin — the reality of global manufacturing is far more complex. Some brands build their most popular models abroad, while others have made strategic investments in U.S.-based production facilities to reduce exposure to potential trade barriers. Understanding how Trump’s proposed U.S. import tariffs affect luxury car brands requires a closer look at where these vehicles are actually built. From Germany to Japan, and Italy to South Korea, the country of origin and assembly will significantly influence whether tariffs are applied — and how steep the final price tag could be for American buyers. German Luxury Brands These are among the most affected due to their large U.S. sales and reliance on European manufacturing: BMW – Although BMW does manufacture in the U.S. (notably SUVs in South Carolina), many of its sedans, coupes, and performance M cars are imported from Germany. The tariff would especially affect high-margin models like the 7 Series, 8 Series, and M5. Mercedes-Benz – Like BMW, Mercedes builds some SUVs in the U.S., but its S-Class, AMG models, and electric EQ series are imported. Tariffs could raise prices and hurt demand in the luxury EV segment. Audi – It has no U.S. manufacturing plant, so all its vehicles are imported. Expect price hikes across the lineup, especially for RS models and luxury EVs like the e-tron GT. Porsche – Like Audi, all of its models are imported. But its unique brand equity — and an ever-growing lifestyle ecosystem — means it can weather economic disruptions better than most. British Luxury Brands Bentley, Rolls-Royce, Aston Martin, McLaren, Lotus – All manufactured in the UK, with 100% of U.S. deliveries imported. Tariffs could raise already hefty prices on these ultra-luxury cars, potentially dampening sales. Jaguar Land Rover – While Land Rover SUVs sell well in the U.S., the brand builds everything overseas, either in the UK or Slovakia. Tariffs would likely be passed on to consumers, reducing competitiveness in a white-hot SUV market. Italian Luxury Brands Ferrari, Lamborghini, Maserati – Again, these iconic brands do not produce any vehicles in the U.S., so the full force of tariffs would apply. Ultra-high net worth Ferrari and Lamborghini customers may absorb the increase, but it could still soften demand for less exclusive models. Ferrari has already stated that it will reflect the new import conditions on its pricing, with increases of up to 10 percent, in coordination with its dealer network. Swedish Luxury Brands Volvo – While Volvo builds some vehicles (like the S60 and EX90) in South Carolina, many models are still imported from Sweden and China. Tariffs on Chinese-made Volvos could double down on cost pressures. Polestar has a mix of models made in the U.S. as well as imported from China. Asian Luxury Brands Lexus – While Toyota-owned Lexus builds its TX full-size SUV and ES car are built in the U.S., and compact SUVs, are built in Canada, the majority are made in Japan. Acura – While Acura is owned by Honda, like Toyota’s Lexus brand, it’s been used to sell cars in the U.S. and almost its entire lineup is produced in the U.S. Genesis – As Hyundai’s luxury arm, Genesis currently imports many models to the U.S. from Korea, though the GV70 and GV70 EV SUVs are produced in the U.S. Tariffs could severely disrupt pricing for this value-driven luxury brand. Wrap-Up Trump’s import tariffs could reshape how — and where — luxury vehicles are sold, priced, and produced. For enthusiasts, collectors, and high-net-worth buyers, the next chapter of luxury car ownership in America may look very different.

Five red sports cars, symbols of luxury automakers, drive closely together on a racetrack against a backdrop of cloudy skies and fencing.

By Charles Bradley – March 27, 2025

Luxury Automakers See Stock Declines After U.S. Announces...

Some of the world’s leading luxury automotive manufacturers experienced sharp declines in their share prices on Thursday following the announcement of a 25% tariff on all foreign-built cars imported into the United States. The long-anticipated tariffs were confirmed by President Donald Trump on Wednesday evening, prompting an immediate reaction in the stock market. In Frankfurt, Porsche and Mercedes-Benz shares fell by as much as 5.7%, while BMW declined by 4.9%. Volkswagen AG, the parent company of Audi and Lamborghini, saw a drop of 4.3%. Meanwhile, in London, Aston Martin Lagonda Global Holdings Plc tumbled by more than 5%. In New York, Ferrari’s stock has rebounded after the tariff announcement but remains down by as much as 5% over the past five days. However, this follows the company’s strong 2024 financial performance, reporting a net profit of $1.58 billion, a 21% increase from 2023. Ferrari CEO Benedetto Vigna, speaking at CNBC’s CONVERGE LIVE in Singapore earlier this month, stated that the company is “ready with some countermeasures” to mitigate the impact of the tariffs. He added: “We are in a scenario planning phase to manage as best as possible whatever will happen.” The United States imported $24.8 billion worth of German-built vehicles in 2024, with many German automakers operating U.S.-based factories that produce cars for both local and international markets. However, Porsche remains entirely reliant on imports for its U.S. sales, making it particularly vulnerable to the new tariffs. The American market recently surpassed China as Porsche’s top-selling region. According to Bloomberg, Porsche could face up to $3.7 billion in additional costs due to the 25% tariffs, which will take effect on April 3. Another luxury brand affected by the tariffs is Jaguar Land Rover, which has seen significant growth in Range Rover and Defender sales in recent years, making the U.S. its largest market. The company imports its vehicles from factories in the UK and Slovakia, and parent company Tata Motors saw its share price drop by 5.5% on Thursday. As the global auto industry navigates these significant tariff changes, manufacturers will likely be forced to adapt strategies to maintain profitability and new-car market share in the United States. However, this could be good news for the pre-owned luxury and exotic market, as used cars don’t face the same import tariffs. Sources: CNBC, Bloomberg

A sleek, black sports car is parked on a rooftop with a cityscape and sunset in the background.

By Tyler Rampersaud – January 06, 2025

Audi of America Reports Its 2024 Sales Results

Audi recaps its 2024 sales results. With the year 2024 wrapped up, Audi of America has officially summed up the years in terms of the sales of its celebrated lineup of sharply-styled luxury vehicles which are packed with high-tech features, creature comforts, and compelling driving character and performance. This year, Audi of America sold a total of 196,576 vehicles, which represents a 14% decrease from the previous year’s number of 228,550. However, when breaking down the total sales number and looking at specific models within Audi’s incredibly diverse lineup, certain vehicles stand out as major hits among Audi’s fleet, like the Q3, whose over 32,000 examples sold in 2024 represents a major increase of 45%. In addition, the year saw sales of the Q4 e-tron and the Q4 e-tron Sportback increase, and it also saw the introduction of a new model: the new Q6 e-tron. This year also saw the end of production for cherished performance icons like the R8 and the TT, which saw only a handful examples sold in 2024 due to their discontinuation. However, as 2025 dawns, Audi has promised that its lineup will continue to evolve and diversify as the decade continues, with new combustion-powered and electric vehicle creations to wow fans and change the game for the luxury vehicle market coming soon. View All Audis For Sale

Lotus Lineup 4Cars Comp03 RS 16x9 FinalArt(1)

By Jordan Aquistapace – August 28, 2024

Lotus Reports Strong Q2 2024 Delivery Growth Amid Financi...

Lotus Tech's Q2 2024 results reveal a notable increase in vehicle deliveries alongside ongoing financial challenges. The company reported a 128% year-on-year rise in deliveries, reaching 2,679 units for the quarter, which contributed to a 239% growth over the first half of the year. This performance highlights Lotus' steady shift from a traditional sportscar manufacturer to a key player in the luxury auto sector. The U.S. market played a significant role, accounting for 26% of total deliveries, reflecting the company's recent return to the region. Financially, Lotus Tech reported $225 million in total revenue for Q2 2024, marking a 103% increase compared to the previous year. However, the quarter also saw a net loss of $202 million, with gross margins slightly improving to 9% from 5% in the same period last year. The first half of the year showed an operating loss of $438 million, stressing the need for ongoing adjustments and cost management as the company navigates a complex market environment. Looking forward, Lotus Tech has adjusted its delivery target for 2024 to 12,000 units due to evolving market conditions and new tariff policies. The company's "Win26" plan aims to achieve positive EBITDA by 2026 through refining internal processes and product strategies. As Lotus Tech continues to expand into new markets and introduce bespoke services, it remains focused on balancing growth with financial stability. View all Lotus sports cars and SUVs for sale on duPont REGISTRY by clicking the link below. View All Lotus For Sale Source: Lotus

By Tyler Rampersaud – August 07, 2024

Genesis Reaches Over 50 US Dealers

Genesis continues to build a luxury automotive empire. As one of the newest players in the highly competitive luxury automotive arena, Genesis has impressed with its quick success. Beautiful designs and captivating details have made its lineup popular among luxury car buyers. With the new Magma performance division taking shape and the expansion of its electrified offerings, Genesis is on the cusp of its next chapter. The luxury manufacturer is well on its way towards more success than ever, surpassing 50 standalone facilities in the United States after announcing 21 new Genesis dealerships nationwide. These new Genesis dealerships have been established in 14 states, with nine coming to eight states for the first time: Arizona, Colorado, Connecticut, Indiana, Kentucky, Mississippi, Nevada, and Virginia. Establishing these 21 new Genesis dealerships brings the total number of Genesis dealerships in the United States to 56, marking a significant milestone for the growing luxury manufacturer. As Genesis prepares to introduce new electrified luxury models and its new Magma performance-oriented lineup by revealing the production version of the anticipated Genesis GV60 Magma, which was shown off recently at this year’s Goodwood Festival of Speed, the rising luxury star continues to grow brighter with 56 United States dealerships. View All Genesis For Sale

Lotus Technology Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results

By Jordan Aquistapace – April 08, 2024

Lotus Tech Reports Strong Financial Performance In 2023

Lotus Tech marks significant revenue growth and record-breaking vehicle deliveries in line with its Vision80 strategy. Lotus Tech, a prominent player in the global luxury electric vehicle market, has reported its financial results for the fourth quarter and full year ending December 31, 2023. The sales figures highlight the Lotus brand's ongoing progress in accomplishing its Vision80 strategy, aimed at transforming into an all-electric, intelligent, and luxury mobility provider by Lotus's 80th anniversary in 2028. In its inaugural year of Battery Electric Vehicle (BEV) delivery, Lotus Tech recorded a remarkable revenue of $679 million with a gross profit margin of 15%. Notably, fourth-quarter revenue surged to $361 million, marking a substantial 92% quarter-on-quarter increase, fueled by the business model and accelerated BEV production and sales. Achieving a milestone in its 76-year history, Lotus Tech delivered a record-breaking 6,970 vehicles in 2023, with BEV models making up 63% of total deliveries. The momentum continued into the fourth quarter, detecting a nearly 110% quarter-over-quarter increase in vehicle deliveries to 3,749, driven primarily by the successful rollout of Eletre. Additionally, Lotus Tech expanded its global footprint with the addition of 46 stores, bringing its total to 215 locations worldwide by the end of 2023. Looking ahead to 2024, the Company expects considerable growth as it ramps up global deliveries, introduces new products like Emeya, its electric hyper-grand tourer, and expands its market presence, particularly in the U.S. With promising results in 2023 and a strategic vision, Lotus Tech is ready for continued success. View all Lotus models currently for sale on duPont REGISTRY by clicking the link below. View All Lotus For Sale Source: Lotus Tech

By Tyler Rampersaud – March 26, 2024

Lucid Group, Inc. Announces New $1 Billion Investment Fro...

New investment puts Lucid on the cusp of even more luxury EV innovation. With the intriguing Air lineup, presents a luxury electric sedan that boasts both incredible range and incredible performance, along with loads of high-tech and luxury features, and a futuristic design. However, Lucid is set to open a new chapter with the upcoming Gravity, and to prepare for that and more growth of the company, the Lucid Group and its majority stockholder, the Ayar Third Investment Company, an affiliate of the Public Investment Fund, have entered an agreement involving the purchase of $1 billion of newly created convertible preferred stock via private placement, which is subject to customary closing conditions. Lucid’s CEO, Peter Rawlinson, remarks on the fact that this investment marks continued support for Lucid from the PIF, helping it towards the goal of solidifying its position as the world’s leading EV technology company. With the investment, Lucid looks forward to not only launching the Gravity but also to investing in technology and vertically integrated manufacturing capabilities. With $1 billion in new investment, Lucid is charging full steam ahead towards the future, when it comes to its model lineup, technology, manufacturing, and more. With a reaffirmed commitment to supporting Lucid from PIF, the luxury electric vehicle star looks forward to an even more incredible future. View All Lucids For Sale

Lotus Technology Celebrates Public Listing On Nasdaq

By Tyler Rampersaud – February 26, 2024

Lotus Celebrates Its New Public Listing On Nasdaq

Lotus seeks to win a new race: the Nasdaq stock exchange. Lotus has long been known as one of the world’s favorite purveyors of nimble and athletic sports cars, with lightweight construction, head-turning design, and a storied racing legacy, but the past few years have seen Lotus transform in an incredible way. The introduction of the Evija, its incredibly powerful and first all-electric hypercar, the Emira, its final combustion engine sports car, the Eletre, its first electric luxury performance SUV, and the Emeya, its new electric four-door GT, Lotus has revolutionized its presence as a manufacturer and looks forward to a new, transformed era. However, the latest step that Lotus has taken is one of the most noteworthy in its renaissance, as Lotus Technology Inc. has officially been listed on the Nasdaq stock exchange under the ticker symbol LOT. The move serves to underscore Lotus’s efforts to become a purveyor of electric luxury performance mobility with cutting edge intelligence and technology under the brand’s Vision80 strategy, but it also highlights Lotus’s new and magnified presence in the automotive industry. Right before entering the Nasdaq, Lotus Technology combined with L Catterton Asia Acquisition Corp, an acquisition company made by affiliates of L Catterton, a global investment firm, which is anticipated to also prove strategically beneficial to Lotus as the acquisition company boasts a strategic relationship with LVMH, one of the most respected and established names in the luxury industry. With new and exciting business moves being made, Lotus is proud to enter a new era being on Nasdaq. View All Lotuses For Sale

By Jordan Aquistapace – January 17, 2024

Brabham Group And Fusion Capital End Its Six-Year Partner

Brabham Group Limited and Fusion Capital have officially ended their six-year collaboration, marking a significant shift in the industry of high-performance automotive engineering. This partnership, responsible for the creation and worldwide distribution of Brabham vehicles, represented a union of heritage and innovation, leveraging the renowned Brabham name in the automotive industry. During its partnership, the two companies achieved notable successes, including the global launch of the Brabham BT62 high-performance track car in 2018. The event, held at Australia House London, was attended by media, former Brabham F1 drivers, and VIP guests, showcasing the BT62's prowess. The BT62, along with its successor the BT63, set lap records at iconic tracks like Bathurst Mount Panorama and Phillip Island, and secured pole positions and race victories in Europe, solidifying its status in the high-performance vehicle sector. David Brabham, Director of Brabham Group Limited, expressed both regret and gratitude for the partnership with Fusion Capital, emphasizing the significant progress made for the ‘Brabham’ brand. With the automotive brand license now concluded, Brabham looks forward to exploring new avenues in Motorsport, Automotive, and Heritage sectors. Mat Fitch, Chairman of Fusion Capital, reflected on the strategic misalignments that led to the partnership's end, while highlighting the family's long-standing investment in automotive and manufacturing. Fitch remains optimistic about challenging mainstream OEMs and harnessing powertrains for future projects. As this chapter closes, Brabham Group Limited and Fusion Capital are poised to embark on separate but equally ambitious paths in the ever-evolving automotive industry. Source: Brabham

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