Lifestyle

News on consumer habits, trends, and lifestyle spending.

Motoring

Motoring
Porsche unveils new all-electric Cayenne SUV
Porsche has unveiled its new all-electric Cayenne SUV, after saying it would rework its electric vehicle strategy. The Cayenne Turbo Electric model can accelerate from 100 kilometres per hour in 2.5 seconds, while the standard Cayenne Electric can reach 100 km/h in 4.8 seconds. The electric Cayenne has up to 642 kilometres of range. "The Cayenne Electric shows performance in a completely new dimension, with innovative technologies that we have developed in motorsport. It sets new standards in the SUV segment – in terms of driving characteristics as well as charging," said Porsche chair Oliver Blume. "Outstanding electric performance meets very real everyday usability. Excellent long-distance comfort combines with uncompromising off-road capability.” The standard Cayenne Electric’s top speed is 230 km/h, with 300 kilowatts of power. The Turbo Electric model’s top speed is 260 km/h, with 630 kW in normal driving use and an additional 130 kW available for 10 seconds at a time. The Cayenne Electric vehicle family includes a 113-kilowatt-hour battery, and are Porsche’s first cars to support inductive wireless charging. The vehicles can charge from 10% to 80% in less than 16 minutes. In Australia, Cayenne Electric deli
Motoring
Porsche SE's profits sink after delays in EV rollout
Investment group Porsche SE’s profits fell by 36% in 2025’s first nine months, as a delayed electric vehicle rollout weighed on its earnings. Adjusted profit after tax was EU€1.59 billion, dropping from €2.48 billion. Porsche SE owns 12.5% of automaker Porsche AG, and 31.9% of Volkswagen Group’s shares. “Thanks to the beneficial refinancing and repayment of financial liabilities, we have successfully optimised our financing structure,” said board member responsible for finance and IT Johannes Lattwein. “This underscores that we as Porsche SE are in a resilient position with our financial profile, even in the challenging environment in the automotive industry.” Porsche AG said in September that it would postpone the release of some all-electric vehicles amid weakening demand and United States tariffs. Its new SUV will initially be released with combustion engine and hybrid models, with an all-electric version expected later. The delayed rollout will also impact Volkswagen’s profit by €5.1 billion. Porsche AG is owned by Volkswagen. Both Volkswagen and Porsche AG cut their full-year profit outlooks at the time, and Porsche AG reported a €966 million operating loss in the third quarter. Porsche SE’s net debt was
Motoring
Kia unveils redesigned 2027 Telluride three-row SUV
Kia has lifted the covers on its redesigned 2027 Telluride, banking on the three-row SUV's commercial momentum to justify a more aggressive design direction. The second-generation model, set to debut at the Los Angeles Auto Show later this month before hitting United States showrooms in Q1 2026, represents a calculated gamble for the South Korean manufacturer. Since launching in 2019, the Telluride has shifted more than 444,000 units and posted 11% year-to-date growth through October - making it one of the brand's most critical models in North America. The new Telluride stretches 2.3 inches longer overall, with the wheelbase extended nearly three inches and height up one inch. Kia's design team has pursued a boxier, more upright profile with vertical headlamps bracketing a prominent front grille, while the rear borrows visual cues from Range Rover's playbook.Credit: KiaThe X-Pro variant adds all-terrain tyres, 9.1 inches of ground clearance, and front and rear recovery hooks - targeting buyers who want SUV capability beyond the school run. Current pricing spans US$36,000 to $54,000 across 10 trim levels, though Kia hasn't confirmed whether that range will shift for the 2027 model year. The Telluride competes dire
Motoring
Porsche shares crash as China drives out market share
A long-running purple patch is well and truly over for German sports car manufacturer Porsche as it posted its first-ever quarterly operating loss of €966 million (A$1.71 billion) in the third quarter, marking a dramatic reversal from the €974 million profit recorded in Q3 last year. The deficit, which exceeded analyst expectations of €611 million, signals deepening troubles across Europe's automotive sector, as manufacturers grapple with United States tariffs, collapsing Chinese demand, and costly strategic retreats from electric vehicle commitments.A perfect stormThe company expects ~€700 million in losses from U.S. import duties this year alone, while expenses related to its rollback of EV expansion announced last month added significantly to third-quarter costs. Porsche CFO Jochen Breckner warned that "large-scale solutions" were needed in ongoing restructuring negotiations with labour representatives. “We expect 2025 to be the trough that precedes a noticeable improvement for Porsche from 2026 onwards.” For the full year, the carmaker anticipates a €3.1 billion hit to earnings from its EV strategy overhaul, the decision to scrap in-house battery production, and restructuring costs. Operating profit for the firs
Motoring
Ford earnings beat; guidance cut after supplier fire
Ford Motor beat estimates on automotive revenue and earnings per share last quarter, but has lowered its guidance as a fire at a supplier hampers production. Automotive revenue was US$47.19 billion, rising from $43.07 one year ago and above LSEG estimates of $43.08 billion. Earnings per share were $0.45, down from $0.49 but passing estimates of $0.36. “Ford posted another strong quarter, delivering more than $50 billion in revenue powered by our incredible products and services, the durability of Ford Pro and our disciplined focus on cost and quality,” said Ford CEO Jim Farley. “We are heading into 2026 as a stronger and more agile company. We will continue to focus on execution and on quickly making the right strategic calls on propulsion, partnerships and technology that will create tremendous value for our customers.” Total revenue, including its loan business, Ford Credit, was $50.54 billion, up from $46.20 billion one year ago. Adjusted EBIT was $2.59 billion, growing from $2.55 billion, and including an $0.7 billion hit from United States tariffs. Novelis, an aluminium supplier to companies like Ford and Stellantis, reported a fire at a New York plant in September, with production set to resume in November

Lifestyle

Motoring

Porsche unveils new all-electric Cayenne SUV

Porsche SE's profits sink after delays in EV rollout

Kia unveils redesigned 2027 Telluride three-row SUV

Porsche shares crash as China drives out market share

Ford earnings beat; guidance cut after supplier fire

News

AZZET

Companies

Support

Opportunities

Executives

Education

Insights