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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

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By Jordan Aquistapace –  October 25, 2023

Porsche Continues Momentum After Reporting Stellar Q3 202...

A year after its successful IPO, Porsche AG continues to shift into high gear, reporting strong financial figures for Q3 2023. The world-renowned sports car manufacturer has seen its Group sales climb by 12.6% to $3.187 billion, while Group operating profit rose 9.0% to $5.82 billion. This performance places Porsche's operating return on sales at 18.3%, firmly in the upper half of its self-imposed target corridor. Meanwhile, net cash flow for the automotive segment registered at $3.59 billion, further highlighting Porsche's financial health. According to Lutz Meschke, Deputy Chairman of the Executive Board and Board Member for Finance and IT, the growing figures come despite significant investments in the brand and technology. Oliver Blume, Chairman of the Executive Board, attributes the company's financial health to its strong global positioning and high worldwide demand across all model lines. The all-electric Taycan sports car continues to be a standout, with deliveries increasing by 11% to 27,885 units in the first nine months of 2023. The Taycan’s success story is far from over, and it underscores Porsche’s resilience in navigating supply chain challenges and varying e-mobility developments across sales regions. Looking forward, Porsche aims to maintain its high operating return on sales despite ongoing investments in future technologies and an ambitious plan to launch four new models in 2024. The automaker has confirmed its full-year financial forecast, which anticipates a Group operating return on sales between 17% and 19%, based on estimated sales revenue ranging from $42.3 to $44.4B. Porsche Financial Services (PFS) also showed steady growth, with a slight decline in operating profit due to increased interest rates and refinancing activities. Overall, Porsche's Q3 2023 performance exemplifies the brand’s strength and adaptability in a complex market landscape. View all Porsche models currently for sale on duPont REGISTRY by clicking the link below. View All Porsche For Sale Source: Porsche

Mercedes EQ Main

By Jordan Aquistapace –  October 10, 2023

Mercedes-Benz USA Reports Strong Electric & Top-End Vehic...

Mercedes-Benz USA experiences a 284% surge in EQ sales in Q3 2023, with electric vehicles making up 14% of the year's passenger vehicle sales. Mercedes-Benz USA has been riding high, as their impressive Q3 2023 sales numbers reflect an upward trend for the world-renowned manufacturer. Mercedes reported that sales of their electric EQ lineup skyrocketed, showcasing an impressive growth of 284% compared to 2022, reaching 10,423 units. This electric boom means that EQs now make up 14% of the brand's overall vehicle sales for the year. The growth doesn't stop there, with top-end vehicle segments witnessing an 11% increase in Q3 2023 with 21,020 units flying off the production line. Within this segment, the S-Class model stood out with a 48% sales rise. On the electric front, the EQS SUV showed its success with 1,596 units sold. Moving to Mercedes-Benz's core, the E-Class noted a 25% growth with 4,827 units sold. Entry-level models also recorded an 11% increase compared to Q3 2022. The EQB electric model achieved a 343% sales growth, highlighting the brand's ability to cater to diverse markets. In the commercial space, Mercedes-Benz Vans reported a hearty 24% sales jump in Q3, pushing the year-to-date growth to 6%. This sets an encouraging stage for the launch of their eSprinter, the first fully electric van for North America. Dimitris Psillakis, President and CEO of Mercedes-Benz USA, expressed enthusiasm over the robust sales, especially highlighting the EQE SUV and EQS SUV. With a blend of luxury, performance, and eco-consciousness, Mercedes-Benz seems to have hit the sweet spot in the auto market. View all Mercedes-Benz models currently for sale on duPont REGISTRY by clicking the link below. View All Mercedes-Benz For Sale Source: Mercedes-Benz

By Jordan Aquistapace –  October 06, 2023

Jaguar Land Rover Reports A 29% Sales Surge Over Last Yea...

The most profitable Range Rover, Range Rover Sport and Defender models accounting for 77% of the orders. Jaguar Land Rover (JLR) has started this fiscal year with a bang, revealing encouraging numbers for the second quarter of FY24, which ended on 30th September 2023. A significant boost in sales volume highlights JLR's ongoing success, largely thanks to improvements in the manufacturer's supply chain, enabling them to get more vehicles into the hands of eager customers. During this period, JLR witnessed wholesale volumes of 96,817 units, marking a 29% jump from the same quarter of the previous year. Even more impressive, this figure represents a 4% growth from the quarter ending in June 2023, despite a regular two-week summer plant hiatus. Additionally, JLR's first-half wholesale volumes reached an impressive 190,070, showing a consistent 29% growth year-on-year. On the retail front, they recorded sales of 106,561 units for Q2, a 21% increase from the previous year. It's worth noting the geographical spread of this growth too, with overseas sales growing by a whopping 56%. This is followed by North America at 32%, Europe at 16%, the UK at 9%, and China, with a 7% boost. Boasting 168,000 client orders by the end of Q2, JLR's popular models, the Range Rover, Range Rover Sport, and Defender, made up a significant 77% of these orders. As we anticipate the full financial results from JLR at the start of November, a sneak peek indicates a promising positive free cash flow of approximately £300 million for Q2 FY24. View all Jaguar Land Rover vehicles currently for sale on duPont REGISTRY by clicking the link below. View All Jaguar For Sale View All Land Rover For Sale Source: Jaguar Land Rover (JLR)

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By duPont REGISTRY –  September 19, 2023

Antoine Tessier Named CEO of duPont REGISTRY Group

duPont REGISTRY Group, Driven Lifestyle's luxury ecosystem for the high-end automotive lifestyle, bringing culture, community and commerce together at the intersection of technology and digital platforms, announces today the appointment of Antoine Tessier as Chief Executive Officer. A technology and luxury lifestyle veteran, Tessier brings a wealth of knowledge in luxury transformations and digital technologies to the position.  Prior to joining duPont REGISTRY Group, Tessier spent 12 years with LVMH Group, most recently as the Chief Technology Officer of LVMH Americas. In his time at LVMH Group, he spearheaded strategic initiatives, fostered a dynamic and inclusive culture, and consistently delivered exceptional results.  “Antoine Tessier is a visionary leader with a passion for driving innovation and growth,” says Christian Clerc, Chairman of duPont REGISTRY Group. “We’re excited to have him on board, as he has a proven track record for strong leadership skills and a collaborative approach. Antoine empowers his teams to innovate with a customer-centric mindset, and that is exactly what we need as we begin this exciting journey for the duPont REGISTRY Group.”  In his role, Tessier will oversee all worldwide aspects of duPont REGISTRY Group’s strategic direction and global business growth, including its ecosystem of brands: duPont REGISTRY, Sotheby’s Motorsport, Canossa Events and FerrariChat. He will be responsible for all business functions, including product, content, marketing and operations.  “It’s an honor to be appointed CEO of duPont REGISTRY Group,” states Tessier. “As a veteran of the luxury lifestyle industry, I look forward to connecting with the millions of ardent fans, luxury car enthusiasts and stakeholders throughout this integrated ecosystem. The Driven Lifestyle platform, specifically the duPont REGISTRY Group, is the ultimate omnichannel network catering to the high-end automotive lifestyle. I look forward to redefining how these enthusiasts interact with their passion.” Tessier has over seventeen years of experience in luxury retail. Before becoming Vice President and Chief Technology Officer of LVMH Americas, he worked at Louis Vuitton for ten years, ascending to multiple roles, including International Project Leader, Senior Manager of Digital and Retail, Director of Digital and Retail, and Chief Technology Officer. “As we build the team at duPont REGISTRY Group, I know my expertise in luxury and technology, combined with my passion for high-end cars, will help design a new and amazing customer experience,” continues Tessier. “Similar to LVMH brands, we will create lifelong and unique relationships for the dreamers and the owners of exotics and supercars. We are building something unseen in the automotive and luxury space with our dealership partners and OEMs who will be paramount to our success.” ### About duPont REGISTRY Group At the heart of Driven Lifestyle division lies the duPont REGISTRY Group is the world’s leading luxury ecosystem that encapsulates the culture, community and commerce of the high-end automotive lifestyle. Built by some of the biggest names in the luxury automotive space, the duPont REGISTRY Group represents a vibrant community of hundreds of thousands of members nurtured over nearly two decades. Its portfolio includes duPont REGISTRY, Sotheby’s Motorsport, Canossa Events, Cavallino and FerrariChat.

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By Andrew Nabors –  April 20, 2021

CNBC: Maserati Is Staging A Comeback

Nothing's gonna stop them now One of the world's oldest automakers is poised to dominate the industry again. Now that Fiat-Chrysler has merged with the PSA Group, CNBC is reporting that Maserati is staging a comeback. Ferrari is publicly traded, and they will always be the crown jewel in the legacy of Fiat-Chrysler Automotive, which has taken the new name Stellantis. But because Maserati is one of their oldest brands, its time to dust off the image of what it means to be an Italian luxury coachbuilder. The launch of their new MC20 was lauded as the best automotive event of the year, and its 3-liter "Nettuno" V6 is a clean-sheet design that is not shared with stablemates. The other Maseratis will retain the 4-liter V8 that is built by Ferrari, while the new Levante Hybrid offers 330 horsepower and 331 lb-ft from a 2-liter turbo-four. We are excited to see how the Levante develops alongside a new generation of the 2022 GranTurismo when it arrives next year. Tell us what Maserati appeals to you in the comments below and stay with us for all your Maserati news. Shop Maserati Image (C) Maserati

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By Andrew Nabors –  February 10, 2021

Fast Financials 2021: GM Has Big Plans

Ever since we saw their Q4 results, we knew Mary was aiming big. So our latest Fast Financials for 2021 will explain why GM has big plans. Chairman and CEO Mary Barra penned a healthy note to shareholders last night. In it, she repeated their fourth-quarter Net Income of $2.8 billion. This underpins their 2020 total of $6.4 billion, and then she mentions where most of it will be going. By 2025, GM is committing $27 billion to EV development. Her goal is to launch 30 electric cars by then, powered by Ultium batteries. This joint-venture with LG Chem is putting Lordstown, Ohio back to work. She sees this year as an inflection point for them, with a goal of selling over a million EVs in North America and China by the middle of this decade. Production of the Hummer EV will start soon, followed by the Cadillac Lyric. Their autonomous brand (Cruise LLC) has received $2 billion from Honda and Microsoft, and the 2021 Cadillac Escalade specs will include the first to offer Enhanced Super Cruise. Are you ready for a hybrid Corvette? GM Chart by TradingView Image (C) General Motors

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By Edward Jones –  July 26, 2017

Ferrari Introduces New Extended Warranty Program

Ferrari has introduced the new Power15 extended warranty program in order to give new owners even more peace of mind when daily driving their Italian sports car, like the new 488 GTB or 812 Superfast.Before Power15, new Ferrari owners were greeted with a standard factory three-year warranty and a seven-year free maintenance program. During the cars 6th and 12th year, owners can opt for the new Power15 warranty, which will cover all major components.Now, Power15 will extend the program with the "possibility of covering the vehicle’s main mechanical components, including the engine, gearbox, PTU, suspension and steering, from year 12 right up to year 15," according to Ferrari. This new coverage will last for 12 months, but can be renewed each year for three years.Power15 will be available for both new and pre-owned Ferraris. Additionally, Ferrari will offer the Power15 extended warranty to cars that do not have the extended warranty or have gaps in their coverage. However, that kind of coverage will be subject to the car passing "specific technical checks." 

McLaren 720S Designer Rob Melville

By Andrew Nabors –  May 31, 2017

McLaren Announces New Director of Design

You can't deny the appeal of the McLaren Sports Series, so the man responsible for them has been appointed as Director of Design. Rob Melville has also overseen the 2nd generation of the Super Series with the introduction of the McLaren 720S. Reporting directly to COO Dr. Jens Ludmann, Rob will be responsible for the overall design strategies and philosophy. This will also involve working with engineers and the assembly line workers to make them a reality. McLaren's Track 22 plan has 14 new models planned before 2022, so Mr. Melville has a long road ahead. But his expertise in transforming the 12C into the 650S speaks for itself.Rob's previous work at Jaguar/Land Rover was the basis for the Evoque, and his tenure at Cadillac was highlighted by the Converj concept. The press release also states that Frank Stephenson has decided to leave McLaren after a decade of design. Rob is quoted as saying: “I am thrilled to be given the title of Design Director for McLaren Automotive.  I remember when I got the call to come and join McLaren back in 2009 and the joy I felt then is the same today.  We have developed a fantastic design team and have integrated a design philosophy that I feel passionately about. I have always believed that great design tells a great story and that is what we do here at McLaren. I’m incredibly proud". We're excited to see what lies in store for the brand, so stay with us for all your McLaren updates.

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By Edward Jones –  December 15, 2016

McLaren Builds Their 10,000th Car

Remember when McLaren was just selling the F1 and it was the coolest car in the magazines? Times have changed, because the English automaker has hit a major milestone regarding their production numbers. In a press release issued today, McLaren announced that they have built their 10,000th car, a 570S finished in Ceramic Grey.(Also Read - How to Design Your Own McLaren 570S)McLaren Automotive Chief Executive Officer, Mike Flewitt, said: “The production of the 10,000th McLaren is a significant milestone in the short history of the company. The fact that it took us 42 months to build our 5,000th car and just 22 months to build the next 5,000 speaks volumes about the pace of development of the company. Much of that development is thanks to the introduction of the Sports Series family of cars and it’s therefore fitting that the 10,000th car is a McLaren 570S.”After McLaren's move to make more vehicles, they have introduced multiple models into their lineup, mostly in the Sports Series. In the Sports Series family, there is the 540C, 570S and 570GT. At the McLaren Production Centre, 10-20 cars are created each day, and now McLaren is expecting to create a total of over 3,000 cars at the end of 2016.McLaren is planning on keeping the 10,000th car in their Heritage Collection.All McLaren For Sale

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