Tag: Luxury cars
Ferrari Joins Electric Vehicle Market as Industry Growth Slows
Ferrari, the renowned Italian luxury carmaker, is making a bold move by entering the electric vehicle market amidst a slowdown in industry growth. The company's new "e-building" factory in Maranello, Italy, which is known...
Struggling demand amidst soaring prices in the luxury sector
Struggling Luxury Sector Faces Decreased Demand Amid Rising PricesThe luxury industry is facing a crisis as the departure of Chanel's creative director has raised concerns about soaring prices and dwindling demand. Major fashion houses...