Vertu Motors acquires South West based Helston Garages Group

Vertu Motors has acquired Helston Garages Group for of £120.1m. The acquisition includes 28 franchised sales outlets, adding significant scale and geographic coverage to the Vertu’s existing footprint of 160 franchised outlets. In the year ended 31 December 2021, the acquired dealerships generated revenues of £498.9m. Vertu said that the acquisition is a continuation of… Continue reading Vertu Motors acquires South West based Helston Garages Group

Fastest accelerating cars in the world 2022 / 2023

The primal rush of pure acceleration never gets old, and manufacturers are continuing to chip away at 0-62mph times to bring us even faster, brain-scrambling supercars. It’s not uncommon for today’s models to dip under 3-seconds in the sprint to 62mph, although for the new generation of electric performance cars, sub-2 second times are within… Continue reading Fastest accelerating cars in the world 2022 / 2023

GT1 on-track demo will add color and noise to the April Goodwood Members’ Meeting – Vintage Motorsport

The 80th annual Members’ Meeting presented by Audrain Motorsport at Goodwood April 15-16, 2023, will for the first time host a collection of top-flight GT1 cars from the early 21st century in a spectacular on-track demonstration set to be one of the loudest and most exhilarating ever in the event’s history. Photo: Jayson Fong /… Continue reading GT1 on-track demo will add color and noise to the April Goodwood Members’ Meeting – Vintage Motorsport

Alfa Romeo Giulia TZ returns for 60th anniversary

Alfa Romeo will revive the classic Giulia TZ in a collaboration with famed design house Zagato – responsible for the original sports coupé. Previewed in a short clip posted to social media by Zagato, the new model’s rear light bar mimics the shape of the original Giulia Zagato TZ race cars of the 1960s. The… Continue reading Alfa Romeo Giulia TZ returns for 60th anniversary

BMW 3.0 CSL, Zenvo TSR-GT, And Ferrari Purosangue UK Pricing: Your Morning Brief – CarScoops

Good morning and welcome to our daily digest of automotive news from around the globe, starting with… New BMW 3.0 CSL Is A Re-Bodied M4 With 553 HP And A Manual Gearbox Big news for BMW fans as the 3.0 CSL returns in the form of a limited production coupe, concluding BMW M‘s 50th-anniversary celebrations.… Continue reading BMW 3.0 CSL, Zenvo TSR-GT, And Ferrari Purosangue UK Pricing: Your Morning Brief – CarScoops

Lithia & Driveway (LAD) Acquires First Ferrari Store, Representing the Rocky Mountain Region

MEDFORD, Ore., Dec. 6, 2022 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) announced today they have expanded into Colorado, purchasing Ferrari of Denver, the Company’s first Ferrari store. Ferrari of Denver will specialize in personalized, in-home customer experiences covering the full ownership lifecycle. The only Ferrari location in the greater Rocky Mountains region, this store boasts… Continue reading Lithia & Driveway (LAD) Acquires First Ferrari Store, Representing the Rocky Mountain Region

Cleantechnica: Italian Minister “Opens Doors Wide” for Tesla, Musk 002425

Tesla has expanded its manufacturing presence well beyond the U.S. at this point, now with Gigafactory locations in both China and Germany, along with those in its home market. And ahead of the automaker’s announcement of a new Gigafactory location, expected by the end of this year, one European country is encouraging the U.S. manufacturer… Continue reading Cleantechnica: Italian Minister “Opens Doors Wide” for Tesla, Musk 002425

New Ferrari Vision Gran Turismo is a virtual V6 single seater concept car

2022 marks the 75th anniversary of Ferrari’s first-ever racing car, the 125 S, and to celebrate the Italian firm has created a virtual concept racer, called the Ferrari Vision Gran Turismo.  As you may guess from the name, the Ferrari concept is restricted to the Gran Turismo racing game, following in the footsteps of the… Continue reading New Ferrari Vision Gran Turismo is a virtual V6 single seater concept car

The Spyker C8 Spyder Was A Striking Design Study – TopSpeed

The more niche the automotive market, the fewer brands are available, and in the world of supercars and exotics, the segment gets even smaller. There are, of course, the mainstream exotics like Lamborghini, Ferrari, Aston Martin, and McLaren, and even some models are well known enough even non-enthusiasts will know of them. But for those… Continue reading The Spyker C8 Spyder Was A Striking Design Study – TopSpeed

FERRARI N.V.: COMPLETION OF THE FIRST TRANCHE AND ANNOUNCEMENT OF THE SECOND TRANCHE OF THE MULTI-YEAR SHARE REPURCHASE PROGRAM

 Maranello (Italy),  December 1, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on June 30, 2022, as the initial tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading FERRARI N.V.: COMPLETION OF THE FIRST TRANCHE AND ANNOUNCEMENT OF THE SECOND TRANCHE OF THE MULTI-YEAR SHARE REPURCHASE PROGRAM