Lamborghini CEO Stephan Winkelmann said the company made the right choice by canceling its all-electric vehicle plans to focus on plug-in hybrid electric vehicles, citing weak customer demand for full EVs. His comments came after Ferrari faced criticism and investor backlash over its first all-electric car, the Luce. Winkelmann emphasized that each brand must choose its own strategy and that innovation should align with customer acceptance, not be forced. This highlights differing approaches among luxury automakers toward electric vehicles amid market uncertainties.
Ferrari announced it will publish its financial results for the second quarter of 2026 on July 30. The company will host a live audio webcast and conference call at 2:30 p.m. BST / 3:30 p.m. CEST / 9:30 a.m. EDT, accessible via its corporate website....
Ferrari N.V. has repurchased 28,000 of its common shares on the Euronext Milan exchange as part of the second tranche of its €250 million share buyback program announced in April 2026. This buyback is a segment of a larger multi-year plan totaling ap...
