Porsche wants to become like Ferrari - | but the company is too big for that: Porsche's profit has fallen significantly by 2025. The new strategy relies more ...
focus.de/finanzen/porsche-will-wie-ferrari-werden-doch-dafuer-ist-der-konzern-zu-gross_c983f4d9-2cf9-4b73-8b54-687e4c164ea9.html
,regionOfInterest=(1024,683)&hash=ac7e257af852a872091664c85b218e53e3255861ffeebc2214650e24e4784265)
Key FactsPorsche plans fewer vehicles and more combustion-engine models
Oct 16, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: focus.de
Summary created with AI assistance · Source: focus.de
- Porsche’s profit fell 93% in 2025, while approximately 280,000 vehicles were sold.
- The 2022 target of more than 80% electric vehicles by 2030 was abandoned; Porsche now plans two-thirds combustion vehicles and one-third electric vehicles.
- Porsche’s sales in China fell from approximately 79,000 in 2023 to about 42,000 in 2025.
- Porsche plans to cut 25% of administrative and factory positions by 2030 or 2031; management cuts are planned at 40%.
Our business model, which has carried us for many decades, no longer works in this form.— Oliver Blume, CEO of Porsche, in a message to all Porsche employees
Mpumalanga taxi-boss Joe Sibanyoni, 3 co-accused to appear in court: Sibanyoni, Oupa Bafana Sindane, Daniel Masilela and Philemon Msiza are accused of extortion ...
ewn.co.za/2026/10/20/mpumalanga-taxi-boss-joe-sibanyoni-3-co-accused-to-appear-in-court

Four years on, Maumela still faces no charges: Hawks and NPA describe Tembisa Hospital looting investigation as complex and ongoing, while parliamentary ...
timeslive.co.za/news/2026-10-10-four-years-on-maumela-still-faces-no-charges/

Ferrari CEO hails Tesla Roadster redesign as the bold innovation the industry needs
timeslive.co.za/motoring/2026-10-20-ferrari-ceo-hails-tesla-roadster-redesign-as-the-bold-innovation-the-industry-needs/
FIRST ON CNBC: Berkshire Hathaway’s new $330 million investment brings its stake in Bending Spoons to 4%.
“We have improved revenue by well over 30%” on ... Show more
‘His mother asked me’: Taxi boss Joe 'Ferrari' Sibanyoni explains why he paid legal fees to convicted hitman
iol.co.za/news/politics/2026-09-29-his-mother-asked-me-taxi-boss-joe-ferrari-sibanyoni-explains-why-he-paid-legal-fees-to-convicted-hitman/
Key FactsSibanyoni challenges cellphone evidence before Madlanga commission
Sep 21, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: timeslive.co.za
Summary created with AI assistance · Source: timeslive.co.za
- Sibanyoni objected to the commission’s use of cellphone evidence, alleging its acquisition violated privacy and constitutional rights.
- The data was extracted after his phone was seized in Kwaggafontein proceedings, where Sibanyoni faces extortion and money-laundering charges.
- He said public use while he was absent prevented him from contextualising or challenging the evidence.
- Sibanyoni and three other men are accused of extorting R2m from Thomas Ntuli in Kwaggafontein between 2022 and 2025.
I submit that the appearance of my phone’s content before this commission represents an absolute abuse and open-ended violation of my privacy and constitutional rights— Joe 'Ferrari' Sibanyoni, testifying before the Madlanga Commission, objecting to the use of cellphone data seized in the Kwaggafontein criminal proceedings
Don’t sell my R10m Ferrari: Hangwani Maumela: Tenderpreneur approaches Pretoria high court in a bid to slam brakes on the sale of the supercar
timeslive.co.za/news/south-africa/2026-10-01-dont-sell-my-r10m-ferrari-hangwani-maumela/

Corsica's Young Nationalism: Autonomy or Independence?: Corsica could soon become autonomous. But doubts are growing among young nationalists as to whether a ...
nzz.ch/international/traeume-von-der-unabhaengigkeit-warum-jungen-korsen-der-autonomieplan-aus-paris-nicht-weit-genug-geht-ld.10022770

WATCH | The Pretoria High Court has dismissed an urgent bid by businessman Morgan Maumela and the MHR Maumela Family Trust to stop the sale of a Ferrari valued ... Show more
Ferrari’s chairman is bullish on AI. He’s less certain how businesses will cash in
cnbc.com/2026/10/09/john-elkann-ferrari-ai-technology.html

‘Man of God’: Joe 'Ferrari' Sibanyoni ends explosive extortion probing testimony with the Bible
iol.co.za/news/politics/2026-10-03-man-of-god-joe-ferrari-sibanyoni-ends-explosive-extortion-probing-testimony-with-the-bible/
"The record speaks for itself." Chairperson Madlanga has shut down Joe Sibanyoni’s attempt to rewrite his previous testimony regarding taxi ... Show more
LIVE: Madlanga Commission of Inquiry | Sibanyoni Grilled on R500m Deal | Day 181 | 30 Sept 2026
LIVE: Madlanga Commission of Inquiry | Sibanyoni Grilled on R500m Deal | Day 181 | 30 Sept 2026

Key FactsMadlanga Commission examines Sibanyoni’s Ramaphosa meeting
Sep 30, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: ewn.co.za
Summary created with AI assistance · Source: ewn.co.za
- Cross-examination of Joe Sibanyoni resumed Wednesday, focusing on his 2024 meeting with Ramaphosa.
- The footage showed Sibanyoni discussing a local stake in bus company Putco’s operations.
- Sibanyoni said he was seeking a subcontract for two entities but declined to identify the second business.
- He denied telling the president he would interfere in Putco’s operations, describing interference as engagement on those matters.
Please assist us. When you find someone wanting to interfere with the Putco business, you must throw it, assist us. Don't put the wrong thing. Assist us as, how do we get into this space?— Joe Sibanyoni, speaking at the Madlanga Commission hearing, describing how to deal with interference in the Putco business and requesting help to gain access to that space.
Joe Ferrari denies pressuring Putco to sell soon after 51 buses torched: Taxi boss denies involvement in arson attacks and extortion claims
timeslive.co.za/news/south-africa/2026-10-01-joe-ferrari-denies-pressuring-putco-to-sell-soon-after-51-buses-torched/

Key FactsSibanyoni’s PUTCO Warning Revisited After Bus Fires
Oct 1, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: iol.co.za
Summary created with AI assistance · Source: iol.co.za
- On Wednesday, the commission showed footage from a 2024 ANC event in KwaNdebele attended by Ramaphosa and Mantashe.
- Sibanyoni said local groups wanted a 30% operational stake in PUTCO and warned they would act if demands went unmet.
- On January 27, 2025, armed men allegedly stormed four PUTCO depots; 50 buses were torched in Mpumalanga.
- Sibanyoni denied involvement after Advocate Matthew Chaskalson SC questioned an apparent link between his warning and subsequent violence.
When you find someone wanting to interfere with the Putco business, you must know it’s us.— Joe 'Ferrari' Sibanyoni, during an ANC campaign event in KwaNdebele in 2024, warning Ramaphosa about alleged interference with PUTCO's operations.
OpinionF1’s RM200 ticket and its billion-ringgit question: FROM ASSOC PROF DR HASNIZA MOHD TAIB School of Economics, Finance and Banking Universiti Utara Malaysia
thestar.com.my/opinion/letters/2026/10/07/f1s-rm200-ticket-and-its-billion-ringgit-question

[WATCH] Mpumalanga taxi boss Joe ‘Ferrari’ Sibanyoni denies extorting businessman Tengane Thomas Ntuli, who opened a R2 million extortion case against him and ... Show more
WATCH | Sibanyoni faces fresh grilling over R500m Moloto Road deal: The commission put it to Sibanyoni that the phrase could have referred to him as a new power ...
iol.co.za/news/politics/2026-09-30-watch-sibanyoni-faces-fresh-grilling-over-r500m-moloto-road-deal/
Other presidents have let white‑collar criminals dodge financial penalties – but not like Trump - Salon.com
salon.com/2026/09/27/other-presidents-have-let-white-collar-criminals-dodge-financial-penalties-but-not-like-trump-partner/

Opinion from Alphaville: The Rolex that the crypto types wanted most was a commercial failure when it launched in the 1960s ... Show more
Rolex was for crypto, Ferrari is for AI
Rolex was for crypto, Ferrari is for AI
Wheel power: The taxi industry wins when the state weakens: The testimony of Joe ‘Ferrari’ Sibanyoni at the Madlanga Commission is a reminder of how powerful the ...
dailymaverick.co.za/article/2026-09-28-how-the-taxi-industry-wins-when-the-state-weakens/
/file/attachments/orphans/Grootes-taxi-powerMain_159251.jpg)
Named after the coast with the most, the Ferrari Amalfi is the Italian automaker’s latest entry-level car, starting at just $261,810 in the U.S. ... Show more
Why the Least Expensive Ferrari Is the One Worth Having
Why the Least Expensive Ferrari Is the One Worth Having
Porsche beats Chanel for title of world’s most valuable luxury brand : Ferrari climbs to seventh in Brand Finance survey as first electric vehicle debuts
timeslive.co.za/motoring/2026-09-28-porsche-beats-chanel-for-title-of-worlds-most-valuable-luxury-brand/

Bentley unveils first EV, the Torcal, at less than half the price of Ferrari’s Luce
cnaluxury.channelnewsasia.com/obsessions/bentley-torcal-first-electric-car-ev-ferrari-luce-295546

Key FactsBentley unveils Torcal as its first electric SUV
Sep 24, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnaluxury.channelnewsasia.com
Summary created with AI assistance · Source: cnaluxury.channelnewsasia.com
- According to Walliser, roughly half of early interest came from new customers; Bentley is targeting younger people in their forties.
- Ferrari launched its all-electric Luce in May at €550,000, offering 530 kilometres of range.
- Bentley invested £350 million in designing and building the car; the investment is expected to support 4,000 UK jobs.
- Production is scheduled to begin in the second quarter of 2027; charging from 10 to 80 percent takes 16 minutes.
I would say it’s also beneficial not to be the first.— Frank-Steffen Walliser, Bentley chief executive, in an interview with the Financial Times
Love Island winner Davide's girlfriend dubbed 'The Goddess' jailed after hiding millions
mirror.co.uk/3am/celebrity-news/love-island-davide-girlfriend-jailed-37693967

Ferrari stock: What Maranello has to say about new customers: Ferrari stock faces resistance: UBS confirms $490 price target
deraktionaer.de/artikel/mobilitaet-oel-energie/ferrari-aktie-was-maranello-ueber-neukunden-zu-erzaehlen-hat-20409185.html

The Wadi: What we know about the new Dh6 billion Yas Island community near Disney and Sphere
thenationalnews.com/lifestyle/2026/09/20/whats-the-wadi-the-new-dh6-billion-yas-island-community-near-disney/

McLaren Performance SUV: Attack on Ferrari and Lamborghini: The sports car manufacturer is investing half a billion and building a new factory ...
faz.net/aktuell/wirtschaft/unternehmen/mclaren-performance-suv-angriff-auf-ferrari-und-lamborghini-201233747.html

France says 2030 Winter Olympics safe despite political uncertainty: France will honour its commitment to host the 2030 Winter Olympics regardless of the outcome ...
thelocal.fr/20260916/france-says-2030-winter-olympics-safe-despite-political-uncertainty

McLaren puts £500m behind its first SUV: British supercar maker is targeting best profit margins in luxury segment
timeslive.co.za/motoring/2026-09-16-mclaren-puts-500m-behind-its-first-suv/

Sebastian Vettel bursts into tears because of Schumacher: "I miss Michael": Sebastian Vettel drives laps in Monza in Michael Schumacher's legendary Ferrari ...
tz.de/sport/formel-1/sebastian-vettel-weint-um-michael-schumacher-zr-94477956.html

Only 19 built: Ferrari F40 LM vs. Ferrari F40 compared: Ferrari F40 vs. Ferrari F40 LM: Why the racing version with only 19 examples and up to 760 hp costs many ...
auto-motor-und-sport.de/sportwagen/nur-19-stueck-gebaut-ferrari-f40-lm-gegen-ferrari-f40-im-vergleich/

Börsenpunk: The next AI boom for your portfolio: After a break, we're back, discussing Deutsche Telekom, Netflix with Bill Ackman, Ferrari ...
deraktionaer.de/artikel/aktien/boersenpunk-der-naechste-ki-boom-fuers-depot-20408639.html

Abwärtsprirale an den Märkten dreht sich schneller – Ferrari und Oracle im Fokus: Der hohe Ölpreis sorgt dafür, dass sich die Abwärtsspirale an den Märkten ...
wallstreet-online.de/nachricht/21365555-oelpreis-110-us-dollar-abwaertsprirale-maerkten-dreht-schneller-ferrari-oracle-fokus
Here are Thursday's biggest analyst calls: Nvidia, SpaceX, Tesla, Ferrari, Meta, Apple, AMD, Yum & more
cnbc.com/2026/09/10/biggest-analyst-calls-thursday-like-nvidia.html

Paid articlePaywallLewis Hamilton calls for clearer Ferrari team rules after Leclerc Monza clash: The seven-time champion says Ferrari’s lack of clear “rules of engagement” has ...
motorsport.com/f1/news/hamilton-says-ferrari-has-left-it-too-late-to-back-him-in-title-fight/10853210/

Porsche or Ferrari? Liberals deny car chat link to developer donations: Conservative Liberal Jeremy Greenwood is accused of accepting part of a $2 million ...
smh.com.au/politics/nsw/porsche-or-ferrari-liberals-deny-car-chat-link-to-developer-donations-20260907-p60v2c.html
Formula 1: Pole sensation for Pierre Gasly in Monza: Pierre Gasly leaves all his Formula 1 rivals behind in Italy and secures his first pole position ...
stern.de/sport/formel1/formel-1--pole-sensation-fuer-pierre-gasly-in-monza-38211764.html

Ohio State football Ferrari flashes its terrifying final gear against Ball State — Jimmy Watkins
cleveland.com/osu/2026/09/ohio-state-football-ferrari-flashes-its-terrifying-final-gear-against-ball-state-jimmy-watkins.html

Ferrari’s new boutique is a brand extension too far: Everyone knows what the prancing horse means on a car; what does it mean on a handbag?
ft.com/content/cf57d88b-e365-4d15-872d-38a62ce88bef

Formula 1 engines: Why Ferrari will be faster with a reduction in horsepower: Everyone is allowed to develop - | except Red Bull: This is the consequence of the ...
faz.net/aktuell/sport/formel-1/formel-1-motoren-warum-ferrari-mit-einem-ps-verzicht-schneller-wird-accg-201186974.html

Ferrari's first electric car fetches a record price of $40 million at auction
de.euronews.com/business/2026/08/17/ferraris-erstes-e-auto-erzielt-rekordpreis-von-40-millionen-dollar-bei-auktion

Key FactsFerrari Luce Sets $40 Million Auction Record
Aug 17, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: de.euronews.com
Summary created with AI assistance · Source: de.euronews.com
- A bespoke Ferrari Luce raised $40 million (€34.5 million) at a charity auction by RM Sotheby’s in the United States, setting a record for a new car.
- The auction took place nearly three months after the fully electric model was unveiled in May; priced at €550,000, it drew strong criticism, particularly for its design by LoveFrom.
- The Luce has four electric motors, produces up to 1,050 PS, accelerates to 100 km/h in 2.5 seconds and is said to offer more than 530 kilometres of range with its 122-kWh battery.
- Ferrari plans to donate the full proceeds to the Ferrari Foundation, which the auction house said is intended to fund education projects.
Opinion5 luxury stocks built to stand the test of time: Jon Erlichman: This week on Ticker Take, we spoke with Markus Hansen, a portfolio manager at the global money ...
bnnbloomberg.ca/ticker-take/2026/08/28/5-luxury-stocks-built-to-stand-the-test-of-time-jon-erlichman/

Exclusive model of Ferrari’s first electric car, Luce, sells for record $40 million
edition.cnn.com/2026/08/17/cars/ferrari-electric-luce-record-sale-intl-scli

Tribunal orders sale of Maumela's R9.5 million Ferrari linked to Tembisa Hospital corruption
iol.co.za/news/crime-and-courts/2026-08-17-tribunal-orders-sale-of-maumelas-r95-million-ferrari-linked-to-tembisa-hospital-corruption/
Ferrari just sold the wildly divisive Luce SUV for 62x asking price: Ferrari's polarizing first electric car, the Luce, sold for $40 million at auction ...
newatlas.com/automotive/ferrari-luce-charity-auction-40-million/

Als Ferrari am 25. Mai 2026 seinen ersten Elektro-Ferrari „Luce" enthüllte, brach die Aktie um rund acht Prozent ein ... Show more

Ferrari’s $640K Luce EV sells out 2026 allocation: ~500 units: Ferrari sold out its entire 2026 Luce EV allocation — just under 500 cars at €550 ...
electrek.co/2026/07/29/ferrari-luce-ev-sold-out-2026-allocation/

The Ferrari Luce Has Done Its Job: Things are looking rosy at Ferrari, with the Luce EV reaching its 2026 sales target in just two months ...
thedrive.com/news/the-ferrari-luce-has-done-its-job

Ferrari’s first electric car Luce fetches record $50m at auction: Ferrari’s first all-electric Luce sold for a record $50m at auction, marking a new milestone ...
straitstimes.com/life/motoring/ferraris-first-electric-car-luce-fetches-record-50m-at-auction
People are installing bollards in their driveways to protect their cars from thieves in Toronto.
Car thefts have surged in the city in recent years ... Show more
SIU triumphs in Maumela-linked R11m Ferrari in Tembisa graft case: The Special Tribunal has ruled that a Ferrari SF90 Stradale linked to businessman Hangwani ...
citizen.co.za/news/siu-triumphs-maumela-linked-ferrari-tembisa-graft-case/

Ferrari’s newest one-off took two years to build, and only one person will ever drive it
digitaltrends.com/cars/ferraris-newest-one-off-took-two-years-to-build-and-only-one-person-will-ever-drive-it/

Special Tribunal grants order for sale of Ferrari linked to ‘Maumela syndicate’, buyers already lined up
citizen.co.za/news/south-africa/courts/special-tribunal-grants-order-for-sale-of-ferrari-linked-to-maumela-syndicate/

Everyone Criticized Ferrari’s New EV. Then Buyers Proved Them Wrong: Ferrari shows that the power of exclusionary marketing comes from knowing your ideal buyers ...
inc.com/kimanzi-constable/everyone-criticized-ferraris-new-ev-then-buyers-proved-them-wrong/91383085

Patrick Mahomes on Hublots, Tacos, and the Ferrari SF90 His Financial Advisor Didn’t Want Him to Buy
robbreport.com/lifestyle/sports-leisure/patrick-mahomes-interview-1238504007/

Piero Ferrari Just Got a New Bombardier Super-Midsized Private Jet to Travel to F1 Races
robbreport.com/motors/aviation/piero-ferrari-bombardier-challenger-3500-jet-1238528527/

A vintage car is being auctioned: Interested parties can bid on the Ferrari F50 that boxing legend Mike Tyson once drove - | for up to nine million dollars.
sueddeutsche.de/li.3527367

Ferrari raises 2026 guidance after Q2 earnings beat: Ferrari is bumping up its 2026 guidance after beating Wall Street's second quarter expectations amid ...
cnbc.com/2026/07/30/ferrari-race-earnings-q2-2026.html

Ferrari has recovered from its Luce-unveil slump. Why the stock is still underappreciated
cnbc.com/2026/07/11/ferrari-has-recovered-from-its-luce-unveil-slump-why-the-stock-is-still-underappreciated.html

Paid articlePaywallHere are Tuesday's biggest analyst calls: SpaceX, Nvidia, Apple, Figma, Shopify, First Solar, Ferrari & more
cnbc.com/2026/07/07/tuesday-wall-street-analyst-calls-like-spacex.html

Paid articlePaywallFerrari replaces marketing chief after Luce EV launch backlash: Ferrari replaced longtime marketing chief Enrico Galliera with ex-BMW Italy boss Di Silvestre ...
electrek.co/2026/06/23/ferrari-replaces-marketing-chief-luce-ev-backlash/

Ferrari wagt den nächsten großen Schritt: Mit dem „Luce“ hat der italienische Luxusautobauer erstmals ein vollelektrisches Serienmodell vorgestellt ... Show more
Ferrari CEO defends $640,000 price tag for its first fully electric car: Ferrari CEO Benedetto Vigna on Thursday said the cost of the manufacturer's new Luce ...
cnbc.com/2026/05/28/ferrari-ceo-luce-price-electric-car.html

Ferrari shares have struggled of late. Morgan Stanley says concerns are overblown
cnbc.com/2026/06/15/ferrari-shares-have-struggled-of-late-morgan-stanley-says-concerns-are-overblown.html

Paid articlePaywallHere are Monday's biggest analyst calls: Nvidia, Micron, Ferrari, Rocket Lab, DataDog & more
cnbc.com/2026/06/15/monday-biggest-stocks-by-analyst-calls-like-nvidia.html

Paid articlePaywallStocks making the biggest moves midday: SpaceX, Roku, Tripadvisor, Ferrari & more
cnbc.com/2026/06/15/stocks-making-the-biggest-moves-midday-spcx-roku-trip-race-more.html

Paid articlePaywallOpinionI was at the exclusive launch of Ferrari's new EV that sent the stock tumbling. But there may be light at the end of the tunnel
cnbc.com/2026/05/29/ferrari-luce-ev-launch-backlash-stock-drop.html

The first electric Ferrari, the “Luce,” is sparking heated discussions online. While Ferrari is celebrating the model as a bold step into the future ... Show more

The reason for the stock price plunge on Tuesday was the unveiling of the first all-electric vehicle. The design of the €550,000 car was the root cause ... Show more
OpinionI was at the exclusive launch of Ferrari's new EV that sent the stock tumbling. But there may be light at the end of the tunnel
cnbc.com/2026/05/29/ferrari-luce-ev-launch-backlash-stock-drop.html

First all-electric Ferrari causes stock price to plummet: Investors react with disappointment to the vehicle, which was designed by a former Apple designer.
sueddeutsche.de/wirtschaft/ferrari-luce-elektroauto-kritik-aktie-li.3489530

Ferrari's €550,000 electric car looks like a Nissan, mocks the internet: Ferrari unveils its first all-electric car, the Luce, in Rome. However ...
de.euronews.com/next/2026/05/26/ferrari-e-auto-luce-nissan

Ferrari’s electric car: divisiveness is the point: The Italian marque is attempting a high-stakes manoeuvre
economist.com/business/2026/05/27/ferraris-electric-car-divisiveness-is-the-point

Paid articlePaywallJony Ive and the electric Ferrari: Criticism of the iconic designer: With Apple, the British designer Jony Ive became an icon. The electric Ferrari he designed ...
nzz.ch/nzz-am-sonntag/report-und-debatte/jony-ive-und-der-e-ferrari-kritik-an-ikonischem-designer-ld.10008581

