Who would’ve believed that ? Barely a year ago, Tesla’s meager profits came largely from sale of CO2 credits . Today, against all odds, the champion of the electric car has also become the champion of profitability in the automotive industry. According to the ranking established by the firm EY based on the 2021 accounts… Continue reading Tesla, new profit champion among automakers
Tag: Ferrari
Light work: The Coventry designers reimagining Lotus
The main design phases are finished, but there’s still more to do, of course. There’s always more to do. But primary design effort now centres on cars beyond the Eletre. Production isn’t due for another year, but for the 120-strong LTCC team, the major design tasks are past. “It’s a done deal,” says Payne succinctly.… Continue reading Light work: The Coventry designers reimagining Lotus
New Ineos Grenadier: full prices and specifications revealed – Autocar
The new Ineos Grenadier 4×4 will go on sale in the UK on 18 May, priced from £49,000 and available in both commercial and passenger guises. The Grenadier range opens up with the two-seat Utility Wagon, which will rival the Toyota Land Cruiser Commercial and Land Rover Defender Commercial with a load capacity of 2088… Continue reading New Ineos Grenadier: full prices and specifications revealed – Autocar
Lotus Adds an S.U.V., With Eyes on Mainstream Appeal – The New York Times
These cars are crucial to Lotus’s “Vision 80” strategy, named for the brand’s 80th anniversary, which arrives in 2028. “The mission statement is to transform us into a global premium performance car brand, taking us from niche sports cars into significant volumes, globally, with products that are innovative, bring us into new markets and new… Continue reading Lotus Adds an S.U.V., With Eyes on Mainstream Appeal – The New York Times
Ex-Ferrari technology boss Michael Leiters named McLaren CEO
McLaren has appointed ex-Ferrari technology boss Michael Leiters as its new CEO, effective 1 July. The landmark signing comes in the wake of previous McLaren CEO Mike Flewitt’s departure after eight years in the role. Leiters was one of three high-ranking Ferrari executives to leave Maranello as part of a management shuffle late last year.… Continue reading Ex-Ferrari technology boss Michael Leiters named McLaren CEO
The Imola appointment with F1 is a historic success for the sport
24.04.2022 Angelo Sticchi Damiani (ACI): “The foundations of a unique synergy like that between Imola and Monza are being strengthened, to the full advantage of Italian sport”. A party with 130,000 enthusiastic spectators who held their breath until Max Verstappen triumphed over the finish line on Red Bull, then invaded the track of the Enzo… Continue reading The Imola appointment with F1 is a historic success for the sport
Morgan poaches Lamborghini director in bid to raise international appeal
English maker of luxury cars appoints former Audi and Ferrari executive Fumarola as CEO Go to Source
Electric Corvette Confirmed, Hybrid Arriving in 2023 – Forbes
Chevrolet released a teaser video of the upcoming Corvette hybrid in the wake of GM President Mark Ruess’ unscripted comments in an interview. GM Chairman and CEO Mary Barra later confirmed the statement in a tweet. Chevrolet General Motors’ electrification program is gearing up fast, and, appropriately enough, the automaker now plans to electrify the… Continue reading Electric Corvette Confirmed, Hybrid Arriving in 2023 – Forbes
Petrolheads’ dream as classic car museum and cafe opens in Nottinghamshire – Nottinghamshire Live
Car fanatics will be revved up by a nostalgic collection of classic motors in the heart of rural Nottinghamshire. The Car Crowd is a petrolheads’ dream – and even offers a stake in some of the iconic cars. A barn, down a country lane in the village Edingley – between Farnsfield and Southwell – is… Continue reading Petrolheads’ dream as classic car museum and cafe opens in Nottinghamshire – Nottinghamshire Live
Is The Future Of Supercars Electric? – Forbes
Supercars, and their even more extreme hypercar successors, are the pinnacle of what internal combustion can deliver. Vehicles like the Bugatti Veyron and Chiron, as well as competitors from Swedish Koenigsegg and American SSC, have traded blows over the last couple of decades as the fastest production cars in the world. But they are being… Continue reading Is The Future Of Supercars Electric? – Forbes