Bentley CEO says customization craze among the wealthy is boosting profit

Bentley CEO Adrian Hallmark. Scott Mlyn | CNBC After a record-breaking year in 2022, Bentley Motors reported surging profits in the first quarter due in large part to car customization, CEO Adrian Hallmark said. Bentley reported its best-ever first quarter, with operating profits up 27% to 216 million euros, or about $232 million. Even more… Continue reading Bentley CEO says customization craze among the wealthy is boosting profit

Linamar Corporation Announces Voting Results from Annual General Meeting

GUELPH, ON, May 17, 2023 /CNW/ – Linamar Corporation (TSX: LNR) today announced detailed results of the votes cast for two motions held during the Annual General Meeting of the Company on Wednesday, May 17, 2023 in Guelph, Ontario, as set out below. Election of Directors The following nominees, as listed in the management proxy… Continue reading Linamar Corporation Announces Voting Results from Annual General Meeting

McLaren partners with Ricardo on future hybrid powertrains

McLaren has announced a new long-term, multi-year, partnership with Ricardo – a manufacturing company who will produce a new hybrid powertrain for future McLaren vehicles. Ricardo more specifically specializes in niche manufacturing and industrial engineering practices, which it will use to manufacture the next-generation V8 power unit. Designed in-house by McLaren, the unit will power… Continue reading McLaren partners with Ricardo on future hybrid powertrains

McLaren to launch V8 hybrid supercar

A new V8 hybrid powertrain will power McLaren’s next-generation halo models as the firm confirms 90% of its line-up will be hybridised within the next five years. Developed by engine supplier Ricardo in Shoreham, Sussex, the powertrain will “form an integral part of McLaren’s next-generation product line-up”, deliver “best-in-class performance” and offer “thrilling driver engagement”, said boss Michael… Continue reading McLaren to launch V8 hybrid supercar

@Nissan: Strong points finish for Nissan Formula E Team in Monaco E-Prix 001047

May 6, 2023 MONTE CARLO, Monaco – Nissan Formula E Team showed great pace at the Monaco E-Prix, as both Sacha Fenestraz and Norman Nato lined up in the top three on the grid. Fenestraz took a strong haul of points in the race, finishing fourth. Nato, who sported a new helmet design that paid… Continue reading @Nissan: Strong points finish for Nissan Formula E Team in Monaco E-Prix 001047