Henry N. Manney III, an automotive journalist best known for his extensive writing in Road & Track magazine, bought a Ferrari 250 GTO in the late 1960s. One of just 36 ever built, the car was Ferrari’s $18,000 top-of-the-line sports/racing car in 1962. When the cars first rolled off the line, Enzo Ferrari, the company… Continue reading The Era of Buying Top Sports Cars Cheaply Seems to Be Over
Author: New York Times Online News
A Wealth of Car Shows Around the Country
A much-anticipated highlight of the 2022 season promises to be the reimagined concours previously known as the Concours d’Elegance of America, which has moved from Plymouth, Mich., to Detroit and under the management of Hagerty, the classic-car insurer. An expected field of 140 cars will include Cars of Harley Earl, Cars of Woodward Avenue and… Continue reading A Wealth of Car Shows Around the Country
Analog Cars Are Increasing in Value in a Digital World
To the extent that our brains are computers, they may have more in common with analog rather than digital machines — people don’t think in packets of 0s and 1s. Nevertheless, as the world we interact with becomes more digital, some pushback by analog fans was probably inevitable. Some people still favor vinyl records, film… Continue reading Analog Cars Are Increasing in Value in a Digital World
Tesla’s Aura Dims as Its Plunging Stock Highlights the Risks It Faces
Investors are reassessing the premise that justified Tesla’s astronomical stock price and made its founder, Elon Musk, the richest person in the world. Tesla’s $1 trillion valuation made sense only if investors believed the electric car company was on a path to dominate the auto industry the way Apple rules smartphones or Amazon commands online… Continue reading Tesla’s Aura Dims as Its Plunging Stock Highlights the Risks It Faces
Sustainability Index Drops Tesla, Prompting Insult from Musk
Elon Musk called a prominent index of socially responsible companies a “scam” on Wednesday after it dropped Tesla because of the way the carmaker handled accusations of racial discrimination at its factory in California. The S&P 500 ESG Index, a listing of companies that meet certain environmental, social and governance standards, removed Tesla last month.… Continue reading Sustainability Index Drops Tesla, Prompting Insult from Musk
The Tesla Effect: Snowmobiles, Boats and Mowers Go Electric
STOWE, Vt. — Snowmobiles are part of the winter soundtrack in this part of Vermont, at their worst shattering the stillness of the forest like motorcycles on skis. But the motorized sleds bouncing along a wooded mountain trail in February were silent except for the whoosh of metal runners on snow. The machines, made by… Continue reading The Tesla Effect: Snowmobiles, Boats and Mowers Go Electric
GM’s Mary Barra Has a Plan to Win the Electric Vehicle Race
WARREN, Mich. — General Motors made a splash last year when it announced a bold plan to ramp up sales of electric vehicles and said it would stop making gasoline-powered vehicles by 2035. But more than a year later, some other automakers appear better positioned to lead the industry’s transition to E.V.s. Tesla had global… Continue reading GM’s Mary Barra Has a Plan to Win the Electric Vehicle Race
Icons of Italian Automotive Style Struggle to Go Electric
SANT’AGATA BOLOGNESE, Italy — The boys spilling out of a grade school in an Italian village went silent as the Lamborghini approached, its throaty 12-cylinder engine trumpeting its presence. Then, as the wedge-shaped beast rumbled by the schoolyard, they broke into cheers, pumping their fists and leaping into the air. It was a spontaneous expression… Continue reading Icons of Italian Automotive Style Struggle to Go Electric
Shell, the Oil Giant, Will Sell Renewable Energy to Texans
HOUSTON — Shell said on Tuesday that it would begin selling electricity generated from renewable sources to residents and businesses in Texas, a move that brings the European oil company’s shift to green energy to the U.S. market. The announcement underscores a widening gulf between the strategies of European and U.S. oil companies as elected… Continue reading Shell, the Oil Giant, Will Sell Renewable Energy to Texans
Mercedes-Benz Recalls Nearly 1 Million Vehicles Over Brake Issue
Mercedes-Benz is recalling nearly one million cars that were sold around the globe between 2004 and 2015 over concerns that the brakes could fail, the company said on Monday. The immediate recall affects the ML and GL series of sport utility vehicles, both of which are popular with drivers in the United States, as well… Continue reading Mercedes-Benz Recalls Nearly 1 Million Vehicles Over Brake Issue