Shares of Chinese electric vehicle maker Nio (NYSE: NIO) were trading lower on Thursday, under pressure amid a sell-off of luxury goods makers on concerns that China may take new actions to limit personal income and redistribute wealth. As of 10:45 a.m. EDT, Nio’s American depositary shares were down about 4.2% from Wednesday’s closing price.… Continue reading Why Nio Stock Is Down Today
Tag: Ferrari
F1 champion-backed Radford launches limited edition Lotus with over 500 3D printed parts
The nominations for the 2021 3D Printing Industry Awards are now open. Who do you think should make the shortlists for this year’s show? Have your say now. Historic coachbuilding firm Radford is attempting to blend the technologies of the past with those of the future by using 3D printing to bring back the classic… Continue reading F1 champion-backed Radford launches limited edition Lotus with over 500 3D printed parts
@VW Group: Six Porsche 911 RSR qualify for the Hyperpole at Le Mans003695
The works team with drivers Kévin Estre from France and Italy’s Gianmaria Bruni wrapped up the 60-minute qualifying session on Wednesday evening in positions three and six in the fiercely contested GTE-Pro category. The Belgian Dries Vanthoor also achieved a spot in the top six with the 911 fielded by the HubAuto Racing customer squad… Continue reading @VW Group: Six Porsche 911 RSR qualify for the Hyperpole at Le Mans003695
Automobili Pininfarina Creates Monterey Magic With Packed Programme of Events
Automobili Pininfarina’s US programme of events additionally saw the exclusive Battista Anniversario make its US premiere, and the launch of a new partnership between the maker of the world’s first pure-electric luxury hyper GT and BOVET 1822. Per Svantesson, CEO of Automobili Pininfarina, said: “The first production-specification Battista hit the ground running on its arrival… Continue reading Automobili Pininfarina Creates Monterey Magic With Packed Programme of Events
Scuderia Cameron Glickenhaus Leads Le Mans Test Day – RoadandTrack.com
James Moy PhotographyGetty Images In a major surprise, the No. 708 Scuderia Cameron Glickenhaus SCG007 led today’s Le Mans test day after an exceptional lap late in the day by Olivier Pla. The two heavily favored Toyota GR010s both set a best time within 2/10ths of a second of the leader, while Alpine’s lone grandfathered-in… Continue reading Scuderia Cameron Glickenhaus Leads Le Mans Test Day – RoadandTrack.com
A Lewis Hamilton McLaren Heads to Auction
For the first time, a car driven by the seven-time Formula 1 champion Lewis Hamilton of England is being offered at auction. The McLaren MP4-25A will be sold by RM Sotheby’s on Saturday at the Silverstone track during the British Grand Prix weekend. The car has a presale estimate of $5 million to $7 million.… Continue reading A Lewis Hamilton McLaren Heads to Auction
Ferrari, Continuing Strong Momentum Across All Regions
CONTINUING STRONG MOMENTUM ACROSS ALL REGIONS Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2021. Second quarter results can be summarized as follows: Total shipments of 2,685 units, almost doubled versus prior year and up 0.5% versus Q2 2019… Continue reading Ferrari, Continuing Strong Momentum Across All Regions
Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business
Pending customary closing conditions and regulatory approvals, Bridgestone will assume ownership of Azuga’s brands and business platforms. The Azuga fleet management platform, which includes advanced safety and fleet management tools, will complement the existing Bridgestone portfolio of cloud-based fleet mobility solutions. The acquisition of Azuga will rapidly advance Bridgestone’s comprehensive solutions for small to enterprise-sized… Continue reading Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business
Autos & Transportation · 12:10 PM UTCFerrari sticks to 2021 targets after strong Q2Ferrari (RACE.MI) stuck to its main 2021 targets on Monday, despite…
Ferrari’s latest limited-edition special series is seen in this handout photo obtained by Reuters on April, 21, 2021. Ferrari/Handout via REUTERS FY cash flow guidance raised to around 450 mln euros Forecasts on FY revenues and adj. EBITDA unchanged Adj. EBITDA at 386 mln euros in Q2 MILAN, Aug 2 (Reuters) – Ferrari (RACE.MI) stuck… Continue reading Autos & Transportation · 12:10 PM UTCFerrari sticks to 2021 targets after strong Q2Ferrari (RACE.MI) stuck to its main 2021 targets on Monday, despite…
@Ferrari: Ferrari, Continuing Strong Momentum Across All Regions000146
CONTINUING STRONG MOMENTUM ACROSS ALL REGIONS Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2021. Second quarter results can be summarized as follows: Total shipments of 2,685 units, almost doubled versus prior year and up 0.5% versus Q2 2019… Continue reading @Ferrari: Ferrari, Continuing Strong Momentum Across All Regions000146