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Rolls-Royce leaps as airline and defence demand lifts profits

Rolls-Royce

Rolls-Royce, the esteemed aero-engineer, has significantly raised its full-year operating profit forecast by approximately 45% due to operational improvements, increased military expenditure, and a recovery in long-haul flying, resulting in a robust first-half performance that exceeded expectations.

As a result of these positive developments, the company’s shares surged by 20% to 183 pence, reaching their highest level since the onset of the pandemic in March 2020.

Rolls-Royce leaps as airline

The revised profit projection for the year now stands between £1.2 billion and £1.4 billion ($1.6-1.8 billion), up from the previous guidance of £800 million to £1 billion. This outperformed market forecasts, which were estimated at £934 million.

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Tufan Erginbilgic, the Chief Executive who assumed his position in January, expressed satisfaction with the company’s turnaround, highlighting the evident progress across all divisions despite the challenges posed by supply chain constraints.

Rolls-Royce and its competitor, General Electric Co, have been benefiting from a faster-than-expected recovery in the aviation sector following the lows experienced during the pandemic, resulting in increased demand for aftermarket services and jet engine spare parts.

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Analysts from Bernstein noted that the improved operations have been a crucial driver of Rolls-Royce’s better first-half and full-year performance, reflecting Erginbilgic’s focus on this key priority.

The company’s engines, which power long-haul aircraft like the Airbus A350 and Boeing 787, are tied to the hours flown by these planes, a model that caused difficulties when flights were grounded because of the pandemic. However, the rebound in air travel, coupled with increased defense spending because of the situation in Ukraine, has been beneficial for Rolls-Royce.

The company’s strong financial performance led to a nearly doubled stock value this year. For the first six months, underlying operating profit is expected to be just over twice the market expectation of £328 million.

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Rolls-Royce has also showed solid cash flow, producing up to £360 million in free cash flow for the six months ending in June, surpassing the forecast of £50 million. It could generate as much as £1 billion of cash for the full year.

These positive developments show a promising trajectory for Rolls-Royce, with the company’s operational improvements, increased demand, and robust financial performance underlining its resilience in a challenging market environment.

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When creating lists of classic cars, some iconic models inevitably get left out. For example, the recently discontinued Chevy Camaro isn’t included here. That’s partly because it could make a comeback in the future and also because it has already had its time in the spotlight.

Instead, let’s take a deeper look at General Motors’ (GM) history and explore five cars that should make a return to production. GM has an extensive catalog of classic models from brands like Chevrolet and Buick, which are still active today. However, some discontinued brands like Pontiac and Saturn produced cars that may have been ahead of their time and deserve another shot.

Here are five cars GM should have never discontinued, listed alphabetically to avoid bias. These vehicles blend performance, practicality, and pure driving enjoyment.

Pontiac Aztek: A Car Ahead of Its Time?

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The Pontiac Aztek is often remembered for its unusual design, but it also had a number of standout features. While not known for being particularly powerful or stylish, its unique qualities have left a lasting impression. Despite its polarizing looks, the Aztek could potentially find a fanbase today, similar to other bold designs like the Honda Ridgeline and Tesla Cybertruck.

The Aztek also gained fame through its appearance in the hit TV show Breaking Bad, where it was driven by Walter White. Produced from 2000 to 2005, the Aztek featured a 185-horsepower V6 engine, available all-wheel drive, and optional “lifestyle” packages. One of its standout options was a camping package that included a tent, air mattress, and air pump, designed to attach to the back of the vehicle. Given the growing popularity of travel vehicles and campers, this feature might resonate with modern drivers.

Chevy El Camino: The Return of the Car-Truck Hybrid?

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The Chevy El Camino, a car-truck hybrid, first appeared in 1959 but was discontinued after a year. It made a comeback in 1964 and stayed in production until 1987, eventually becoming an icon, especially in its muscle car versions equipped with some of Chevrolet’s most powerful V8 engines.

Although rumors about a 2025 Chevrolet El Camino have circulated, there has been no official confirmation from GM or Chevrolet. However, artist and AI-generated images and videos have fueled speculation. If GM were to revive the El Camino, it could appeal to today’s market, where car-truck hybrids like the Hyundai Santa Cruz and Ford Maverick have gained popularity.

Pontiac Fiero: Could It Make a Comeback?

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The Pontiac Fiero, introduced in 1984, faced challenges from the start, with some early models catching fire due to mechanical issues. However, the car made an impression with its mid-engine, two-seater layout. Despite efforts to improve the model after the initial problems, the Fiero was discontinued in 1988 due to its tarnished reputation.

A modern-day version of the Fiero, equipped with the latest technology and materials, could be a strong contender in the performance EV market. However, it’s unlikely GM would risk introducing a model that could rival its flagship sports car, the Corvette, making a Fiero revival seem unlikely.

Buick Grand National: A Muscle Car Classic

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The Buick Grand National first appeared in 1984 as a high-performance version of the Buick Regal. Its stealthy, blacked-out design made it stand out, and in 1987, Buick introduced a turbocharged V6 engine that produced 276 horsepower and 360 lb-ft of torque, making it more powerful than the Corvette at the time.

Although it’s unlikely that GM would bring back a full-size coupe like the original Grand National, a modern version with a nod to its muscle car heritage could appeal to performance enthusiasts. If GM were to revive the Grand National, it would need to balance classic styling with cutting-edge technology.

Saturn Sky: A Fun, Sporty Roadster

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Saturn was introduced by GM in 1990 to compete with affordable, fuel-efficient imports, but it was discontinued during GM’s 2009 bankruptcy. One of its most memorable models was the Saturn Sky, a two-seat convertible roadster that was essentially a rebadged Pontiac Solstice. Both cars were powered by GM’s Ecotec engines and provided a fun, sporty driving experience.

The Saturn Sky debuted in 2007 with a 177-horsepower engine, while the performance-oriented Red Line version offered a turbocharged engine with 260 horsepower. While a Saturn brand revival is unlikely, the Sky remains a model beloved by enthusiasts for its blend of affordability and fun.

Conclusion

While GM is unlikely to bring back these five cars in the near future, they continue to have a place in automotive history. These models blended innovation, performance, and practicality, and they still capture the imaginations of car enthusiasts. For now, we can enjoy artist renderings and AI-generated concepts of what these classic models could look like today.

The Ford Pinto was introduced in the early 1970s as a low-cost, fuel-efficient subcompact car, aiming to appeal to American drivers during a time of rising fuel concerns. Initially, it was a success, with Ford selling over 800,000 units within the first two years. However, things took a tragic turn in 1972 when a major design flaw came to light—its fuel tank was prone to rupturing during rear-end collisions, leading to the risk of deadly fires.

A study by the National Highway Traffic Safety Administration (NHTSA) found that between 1971 and 1976, 27 people lost their lives in fiery Pinto crashes. This safety issue soon made the Pinto infamous as one of the most dangerous cars ever made. Ford discontinued the vehicle amid mounting lawsuits and public backlash. Given its troubled history, the idea of a new Pinto might seem far-fetched, yet rumors of a 2025 Ford Pinto have been circulating online.

Despite this buzz, neither Ford nor its CEO, Jim Farley, have confirmed any plans for a 2025 Pinto. The videos and articles suggesting a modernized version of the car are likely fabrications, most of which appear to be AI-generated.

Is the 2025 Ford Pinto Real?

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Artificial intelligence (AI) has made it increasingly difficult to separate fact from fiction. In the world of cars, AI can create images and videos that look strikingly real, but which are completely fabricated. The supposed 2025 Ford Pinto seems to fall into this category, much like previous false rumors about a 2025 Caterpillar pickup truck.

Here are some ways you can spot an AI-generated fake:

Look for unnatural blurs or object merging: AI-generated content often shows inconsistencies where objects blur together awkwardly. Pause and zoom in to spot these irregularities.

Watch for distorted proportions: AI sometimes struggles with physical details. Look at the car’s grill, wheels, or logo for signs of warping or asymmetry.

Check the text: AI often produces text that looks distorted or incorrect. Logos and names might appear jumbled or misspelled in fake images.

Examine surface and color details: AI-rendered images might appear too polished or unrealistically perfect, with colors that seem overly saturated.

When in doubt, verify the source or check for confirmation from credible outlets before accepting any claims about the 2025 Ford Pinto.

In conclusion, while the idea of a 2025 Ford Pinto might be intriguing, no solid evidence supports the rumor. The images and videos circulating online are almost certainly AI-generated, and until Ford makes an official announcement, the revival of the Pinto remains speculative at best.

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