@Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000263

 Maranello (Italy), October 3, 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: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000263

New 2023 Maserati Granturismo arrives with V6 and 745bhp EV

The firm’s goal is to have a “completed” electric range by 2025, including an electric version of the Maserati MC20 flagship supercar.  However, Capaldi told Autocar that Maserati was not yet ready to ditch combustion completely for the Granturismo, which he called the “pillar of the brand”, hence the launch of the petrol version fitted… Continue reading New 2023 Maserati Granturismo arrives with V6 and 745bhp EV

New Ferrari SP51 unveiled as a one-off commission

The 812 GTS is already a fairly rare supercar, but for those seeking true one-of-a-kind Ferrari, then the SP51 will turn more heads. As you may be able to tell, the SP51 was based on an 812 GTS, before heading to the Ferrari Styling Centre, where it received plenty of design changes.  The SP51 joins… Continue reading New Ferrari SP51 unveiled as a one-off commission

German Handelsblatt: IPO: Much cheaper than Ferrari – the Porsche share in a valuation comparison005343

Porsche sports car in front of the Frankfurt Stock Exchange Arithmetically, Porsche needs 15.6 years to earn its stock market value net. (Photo: AP) Porsche earns billions, is highly profitable – and has been doing so reliably for years. These qualities are in demand in difficult times like now. That is why the Volkswagen Group,… Continue reading German Handelsblatt: IPO: Much cheaper than Ferrari – the Porsche share in a valuation comparison005343

Behind the Electric Battista Hypercar Is a 92-Year-Old Classic Car Legend – InsideHook

Dave Amantea only has one word for it: “Insane.”  He’s speaking of the Automobili Pininfarina Battista, the all-electric hypercar — because “supercar” just doesn’t cut it anymore — which has now entered production and to which he’s been dedicated over the last few years. Is it fast? Well, it’s the fastest, most powerful Italian road… Continue reading Behind the Electric Battista Hypercar Is a 92-Year-Old Classic Car Legend – InsideHook

Burger Law Files Class Action Lawsuit Against Ferrari For Brake Failure

Burger Law has partnered with Carella Byrne Cecchi Brody Agnello, PC and Cuneo Gilbert and LaDuca in a class action lawsuit against manufacturers Ferrari and Robert Bosch due to a product recall over possible partial or total brake failures. NEWARK, N.J. , Sept. 29, 2022 /PRNewswire/ — St. Louis-based law firm Burger Law, a law firm… Continue reading Burger Law Files Class Action Lawsuit Against Ferrari For Brake Failure

Ferrari SP51 is 789bhp 812 GTS-based one-off

This is the latest creation from Ferrari‘s bespoke division: a 789bhp roadster based on the Ferrari 812 GTS. Called the SP51 – named for being the company’s 51st special project car – and built as a one-off for a Taiwan-based client, it comes with an array of unique features including specially designed headlights, diamond-cut wheels and a… Continue reading Ferrari SP51 is 789bhp 812 GTS-based one-off

BMW’s most powerful SUV is a plug-in hybrid

BMW raised the curtain Tuesday on a high-performance plug-in hybrid SUV meant to lure buyers from the ultra-luxury segment’s Lamborghini Urus and Aston Martin DBX. The BMW XM full-size SUV is the first electrified model from the brand’s race track-ready M badge. Starting just below $160,000, the 644-horsepower crossover also rates as the most powerful… Continue reading BMW’s most powerful SUV is a plug-in hybrid

Monthly payment hike shows true cost of new-car price increases

Volkswagen Touran posted biggest monthly payment hike, from £265 a month to £446 Car payments have risen by up to six times the rate of inflation, but the trajectory could soon level off The monthly payment figure for new cars has increased by up to six times the national inflation figure, depending on brand and… Continue reading Monthly payment hike shows true cost of new-car price increases

“THE FUTURE OF MOBILITY” EVENT DRIVES OPEN INNOVATION TO THE NEXT LEVEL

Plug and Play and STMicroelectronics co-hosted a two-day event with more than 150 industry players to talk about the main trends of the Future of Mobility: Autonomous Driving, Electrification, Intelligent Vehicle / Connectivity, Sustainability, and Digital Twins. CATANIA, Italy, Sept. 26, 2022 /PRNewswire/ — Plug and Play and STMicroelectronics have teamed up to host an… Continue reading “THE FUTURE OF MOBILITY” EVENT DRIVES OPEN INNOVATION TO THE NEXT LEVEL