Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024. Benoit Tessier | Reuters DETROIT — “Arrogant.” It’s the word former Stellantis CEO Carlos Tavares used in June to describe mistakes that led to the automaker’s troubles in the U.S. It’s… Continue reading Stellantis CEO Carlos Tavares lost control of the automaker with ‘arrogant’ mistakes, sources say
Tag: Possible_Motorsport
@Ferrari: FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING 000406
Maranello (Italy), December 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces a multi-year agreement starting from 2026 with Andretti Formula Racing LLC, regarding the supply of power unit and gearbox to the racing team led by TWG Global and General Motors, subject to Andretti Formula Racing LLC receiving written confirmation… Continue reading @Ferrari: FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING 000406
German FAZ: Volkswagen collective bargaining without result 008342
The fourth round of negotiations in the collective bargaining dispute at Volkswagen ended without a result. Volkswagen negotiator Arne Meiswinkel said on Monday evening after around seven hours of talks that both sides were still far from a viable solution. At the same time, he spoke of constructive discussions on all demands in the current… Continue reading German FAZ: Volkswagen collective bargaining without result 008342
New Xiaomi YU7 leaked: new Chinese Tesla Model Y rival on the way
Chinese smartphone giant Xiaomi has been making headlines recently with its SU7 and subsequent Nurburgring lap time record, but now it’s branching out into the lucrative SUV genre with this – the YU7. Leaked early on Chinese social media site Weibo, the YU7 borrows plenty of stylistic elements from the SU7 – suggesting the brand… Continue reading New Xiaomi YU7 leaked: new Chinese Tesla Model Y rival on the way
FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING
Maranello (Italy), December 10, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces a multi-year agreement starting from 2026 with Andretti Formula Racing LLC, regarding the supply of power unit and gearbox to the racing team led by TWG Global and General Motors, subject to Andretti Formula Racing LLC receiving written confirmation… Continue reading FERRARI ENTERS A MULTI-YEAR AGREEMENT WITH ANDRETTI FORMULA RACING
New Land Rover Defender Dakar rally car in the works for 2026 event
We know the current Defender is tough, but Land Rover is setting out to prove this beyond any doubt by entering its popular SUV in the 2026 Dakar Rally. The Defender will be the Dakar Rally’s ‘official car partner’ next year with Land Rover partnering the event until 2028. Providing a fleet of Defenders to… Continue reading New Land Rover Defender Dakar rally car in the works for 2026 event
Nürburgring lap records: the fastest lap times
Holidng a Nürburgring lap record is not just about bragging rights. Each of the 147 corners along the 13-mile course gives car makers unparalleled insight into where their machines work best, and where they must improve on. Manufacturers spend years (if not decades) honing their cars around the Nordschleife in the hope of being crowned maker of… Continue reading Nürburgring lap records: the fastest lap times
Ford Mustang GTD beats Porsche 911 GT3’s Nurburgring time
The Ford Mustang GTD has lapped the Nürburgring Nordschleife in less than seven minutes, making it the fastest American road car ever to have rounded the hallowed circuit. The new track-focused version of the venerable Mustang muscle car clocked a lap time of 6min 57.685sec around the full 12.9-mile layout of the Nordschleife. That’s more… Continue reading Ford Mustang GTD beats Porsche 911 GT3’s Nurburgring time
Should You Jump Into NIO Shares Amid China’s Stimulus Boost?
NIO Inc. NIO, a prominent player in China’s electric vehicle (EV) market, saw its shares rise 12% yesterday following news of bolder economic support from China’s top leaders. Its close peers, XPeng XPEV and Li Auto LI, rose 13% and 8%, respectively. As the country prepares for a potential trade war with the United States… Continue reading Should You Jump Into NIO Shares Amid China’s Stimulus Boost?
Bybit Web3 Boosts its Supports to L1 Ecosystems at Taipei Blockchain Week 2024 with Co-hosted Solana and Sui Events
DUBAI, UAE, Dec. 10, 2024 /PRNewswire/ — Bybit, the world’s second-largest crypto exchange by trading volume, marks its 6th anniversary with a vibrant presence at Taipei Blockchain Week 2024. Dedicated to fostering Web3 innovation and ecosystem building, Bybit Web3 showcases its collaborative efforts and thought leadership across blockchain and Layer 1 communities. Collaborative Highlights with… Continue reading Bybit Web3 Boosts its Supports to L1 Ecosystems at Taipei Blockchain Week 2024 with Co-hosted Solana and Sui Events