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Last updated: 30 April 2025, 5:54 pm

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Porsche's Q1 profit margin plunges on China weakness, US tariffs

29 April 2025, 4:30 pm

Reuters

International

Brands Mentioned: Porsche

AutoExec Summary: Porsche’s Q1 profit margin has significantly declined due to weakened demand in China and the impact of US tariffs. The company’s financial performance reflects broader challenges in the automotive sector, highlighting the effects of geopolitical tensions and market fluctuations on luxury car sales.

Brands mentioned: Porsche, US carmakers

The fascinating story behind India’s favourite car accessory

29 April 2025, 4:00 pm

Drive

Australasia

AutoExec Summary: The black tassel, or paranda, on Indian vehicles serves as a spiritual symbol of protection against evil and bad luck, rooted in Punjabi culture. Unlike typical Australian car decorations, this accessory reflects a deeper connection to tradition and belief. Vehicles are often consecrated at temples, highlighting their significance in drivers’ lives.

Brands mentioned: None

How China’s XPeng will differentiate itself from Tesla

29 April 2025, 4:00 pm

Drive

Australasia

Brands Mentioned: Hyundai, Leapmotor, Nissan, Ram, Tesla, Toyota, XPeng

AutoExec Summary: XPeng will introduce range extender electric vehicles (REEVs) in 2026, aiming to enhance its market presence in regions with low EV adoption, such as Australia. The REEVs will utilise petrol to recharge batteries, improving driving range. Initial offerings may include the G9 SUV, with a partnership established with Dongan for engine supply, targeting ranges of 430km and 1400km for all-electric and combined use, respectively.

Brands mentioned: XPeng, Toyota, Hyundai, Li Auto, Leapmotor, Nissan, Ram.

Mercedes ‘youngtimer’

29 April 2025, 3:26 pm

GoAuto

Australasia

Brands Mentioned: McLaren, Mercedes-Benz

AutoExec Summary: The Mercedes-Benz Museum in Stuttgart is hosting the ‘Youngtimer’ exhibition, featuring 10 vehicles from the 1990s and 2000s, open until November 2, 2025. The exhibition showcases thematic displays, including ‘Easy Life’ and ‘Supersonic’, highlighting the brand’s innovative designs and performance. Interactive stations enhance visitor engagement through AI-supported activities. Additional young classics will be displayed in glass cubes and on the “Classic” island, with each vehicle narrating its unique story and historical significance.

Brands mentioned: Mercedes-Benz, SLR McLaren

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