Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Thursday reported full-year profit up 13% year over year and guided to an even stronger year in 2023 on what its CEO called “persistently high demand”… Continue reading Ferrari’s profits jump 13% in 2022, supercar maker expects an even better year in 2023
Category: US Motoring Press
Ferrari raises earnings outlook on robust luxury-car demand
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‘Affordable luxury’: High-end RV resorts grow popular amid housing crunch
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Ford bids farewell to a best-seller in move epitomizing disruption
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Ford sales up 2% in January, boosted by record EV sales
Ford Motor Co.’s U.S. sales rose 2% year-over-year in January, boosted by record sales of its all-electric vehicles, which more than doubled over that period. The Dearborn automaker reported Thursday that it sold 146,356 new vehicles in the U.S. last month. Of those sales, the vast majority — 133,293, or 91% — came from internal… Continue reading Ford sales up 2% in January, boosted by record EV sales
Payne: Darth Vader’s Lexus RX350h rolls out some interior hospitality
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TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia
TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia TVS Motor Company, in a strategic move to expand its global footprint, has announced its association with Singapore-based tech company Ion Mobility. The Chennai-based two- and three-wheeler manufacturer has entered into an investment agreement with an aim to provide Ion the… Continue reading TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia
TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia
TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia TVS Motor Company, in a strategic move to expand its global footprint, has announced its association with Singapore-based tech company Ion Mobility. The Chennai-based two- and three-wheeler manufacturer has entered into an investment agreement with an aim to provide Ion the… Continue reading TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia
Mercedes-Benz India opens its first integrated 3S experience centre in Kochi
India’s largest luxury carmaker Mercedes-Benz today inaugurated its first integrated 3S MAR20X Sales and Service Experience Centre in the country. Spread across 50,000 square feet, Mercedes-Benz Coastal Star ‘MAR20X Experience Center’ with its dedicated EQ Display, AMG Performance Center and Exclusive Corner for Top End Vehicle (TEV) Display, is strategically located in Kochi, with proximity… Continue reading Mercedes-Benz India opens its first integrated 3S experience centre in Kochi
VECV reports 32% jump in January 2023 sales to 7181 units
Volvo Eicher Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, sold 7181 units in January 2023, up 32.1% from 5434 units in January 2022. This comprises 6992 Eicher brand vehicles and 189 Volvo brand vehicles. In terms of sales volume, the company noted in a statement that Eicher branded trucks and… Continue reading VECV reports 32% jump in January 2023 sales to 7181 units