Is the Austin 7 the most important car ever made? | Axon’s Automotive Anorak | GRR – Goodwood Road and Racing

If you were one of the lucky 210,000-plus visitors to last weekend’s Goodwood Festival of Speed presented by Mastercard, you may have seen on the tranquil Cartier Style et Luxe Lawn, a bunch of cute but tiny Austin 7s. Among the many and various automotive anniversaries that will be celebrated throughout 2022, from 75 years… Continue reading Is the Austin 7 the most important car ever made? | Axon’s Automotive Anorak | GRR – Goodwood Road and Racing

Toyota Is Looking Over Its Shoulder at Le Mans

It took Toyota 20 attempts to win the 24 Hours of Le Mans. But since getting its hands on the trophy for the first time in 2018, the company has refused to let go, winning the last four races by a comfortable margin of at least four laps. This year, Toyota will go up against… Continue reading Toyota Is Looking Over Its Shoulder at Le Mans

Kit Cars Put You in the Driver’s Seat of the Hottest Cars in the World – Auto | HowStuffWorks

Since the 1960s, kit cars have served as good ways to get drivers into building custom vehicles and creating more accessible replicas of rare sports cars. Kit cars initially got their name because manufacturers would sell the cars in pieces, like a full-size model kit. It was up to the purchasers to assemble them according… Continue reading Kit Cars Put You in the Driver’s Seat of the Hottest Cars in the World – Auto | HowStuffWorks

The Era of Buying Top Sports Cars Cheaply Seems to Be Over

Henry N. Manney III, an automotive journalist best known for his extensive writing in Road & Track magazine, bought a Ferrari 250 GTO in the late 1960s. One of just 36 ever built, the car was Ferrari’s $18,000 top-of-the-line sports/racing car in 1962. When the cars first rolled off the line, Enzo Ferrari, the company… Continue reading The Era of Buying Top Sports Cars Cheaply Seems to Be Over

@McLaren: Read more000170

British luxury supercar and hypercar maker McLaren Automotive announces the appointment of Michael Leiters as its new Chief Executive Officer from 1 July, 2022. German-born Mr Leiters, 50, holds a doctorate in engineering and has held senior positions at Porsche AG and, more recently, was Chief Technology Officer at Ferrari. Mr Leiters will be based… Continue reading @McLaren: Read more000170

@Ferrari: FERRARI N.V. TO COMMENCE A EURO 150 MILLION FIRST TRANCHE OF ITS NEW MULTI-YEAR SHARE BUYBACK PROGRAM OF APPROXIMATELY EURO 2 BILLION000250

Maranello (Italy), June 30, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that it intends to commence a Euro 150 million share buyback program, as the initial tranche of the new multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made… Continue reading @Ferrari: FERRARI N.V. TO COMMENCE A EURO 150 MILLION FIRST TRANCHE OF ITS NEW MULTI-YEAR SHARE BUYBACK PROGRAM OF APPROXIMATELY EURO 2 BILLION000250

FERRARI N.V. TO COMMENCE A EURO 150 MILLION FIRST TRANCHE OF ITS NEW MULTI-YEAR SHARE BUYBACK PROGRAM OF APPROXIMATELY EURO 2 BILLION

Maranello (Italy), June 30, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) announces that it intends to commence a Euro 150 million share buyback program, as the initial tranche of the new multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made… Continue reading FERRARI N.V. TO COMMENCE A EURO 150 MILLION FIRST TRANCHE OF ITS NEW MULTI-YEAR SHARE BUYBACK PROGRAM OF APPROXIMATELY EURO 2 BILLION

The Drako Motors 2,000-hp electric luxury SUV “feels more like a spaceship”

Startup EV manufacturer Drako Motors previewed today the follow-up to its $1.25 million Drako GTE: the 2,000-horsepower Drako Dragon Super-SUV. The San Jose, California-based automaker said the Dragon zips from 0 to 60 mph in 1.9 seconds using the company’s in-house DriveOS Quad Motor Powertrain, and DriveOS vehicle architecture. Individual torque control and a three-stage… Continue reading The Drako Motors 2,000-hp electric luxury SUV “feels more like a spaceship”

McGovern Automotive Group Adds 20th Dealership in Just 5 Years

Automotive powerhouse approaches $2B in revenue with more than 1,100 employees BOSTON, June 29, 2022 /PRNewswire/ — McGovern Automotive Group, the New England auto powerhouse founded by industry veteran Matt McGovern, announces its acquisition of Lundgren CDJR: Chrysler Dodge Jeep RAM Dealer in Greenfield, MA. The landmark deal marks the group’s 20th dealership acquisition in just 5… Continue reading McGovern Automotive Group Adds 20th Dealership in Just 5 Years

Australia prioritizes reducing emissions and cheaper EVs

Australia‘s new government is putting climate change at the top of its legislative agenda when Parliament sits next month for the first time since the May 21 election, with bills to enshrine a cut in greenhouse gas emissions and make electric cars cheaper, a minister said on Wednesday. A bill will be introduced to commit… Continue reading Australia prioritizes reducing emissions and cheaper EVs