Innovations in automotive technology, such as advancements in electric drivetrains, hybrid systems, and autonomous driving features, are attracting customers seeking cutting-edge performance and sustainability. WILMINGTON, Del., July 24, 2024 /PRNewswire/ — The supercars market was projected to attain US$ 30.2 billion in 2023. It is likely to garner an 8.0% CAGR from 2024 to 2034, and by… Continue reading Supercars Market to Surge to US$ 71.9 Billion by 2034, Driven by Technological Showcase in Motorsports and Rising Electrification Trend | TMR
Tag: FCA
New tech can help dealers deliver good Consumer Duty outcomes, says iVendi.
New technology is needed to help dealers deliver positive outcomes in relation to Consumer Duty, says iVendi. Most of the major providers in the motor finance market are switching to a risk-based pricing model. Current systems do not always allow dealers of consumers to see the actual interest rate they would pay until an application… Continue reading New tech can help dealers deliver good Consumer Duty outcomes, says iVendi.
@VW Group: Mattia Binotto takes over a leadership position for Audi in Formula 1009032
Preparations for entering the highest class of motorsports are going full speed ahead at Audi. As part of the complete takeover of all shares in Sauber Holding AG and the associated realignment of the control structure, the management of the future Audi factory team is now being renewed. On August 1, the former F1 team… Continue reading @VW Group: Mattia Binotto takes over a leadership position for Audi in Formula 1009032
Ex-Ferrari F1 boss moves to Audi ahead of 2026 grid entry
Former Ferrari Formula 1 team boss Mattia Binotto will head up Audi’s F1 project ahead of the team’s inaugural entry in 2026 with Sauber. Sacked by Ferrari at the end of the 2022 campaign after several lukewarm seasons, Binotto – who joined the Scuderia in 1995 – takes over from Andreas Seidl, who was removed after… Continue reading Ex-Ferrari F1 boss moves to Audi ahead of 2026 grid entry
@FCA: Roadkill Nights Heads Back to M1 Concourse, Ticket Sales Now Open
July 23, 2024 , Auburn Hills, Mich. – Tickets are available, the date and location are locked in and the Dodge Brotherhood of Muscle is geared up to gather for the ninth edition of MotorTrend Presents Roadkill Nights Powered by Dodge, set to return to M1 Concourse in Pontiac, Michigan, on Saturday, August 10, 2024. Enthusiasts… Continue reading @FCA: Roadkill Nights Heads Back to M1 Concourse, Ticket Sales Now Open
Corvette Bucked a Sports Cars Decline. Can It Thrive in an E.V. Era?
Sales of sports cars have been steadily declining for about three decades, but there has been one exception to that trend. The Chevrolet Corvette has recently stormed back to near-record popularity. Like the company that makes it, General Motors, the Corvette must now slalom around a trickier obstacle: transitioning to an electrified lineup, even as… Continue reading Corvette Bucked a Sports Cars Decline. Can It Thrive in an E.V. Era?
Ferrari and Other Car Brands Seek the Road to High-End Fashion
Ferrari is more than just a car company — it’s a lifestyle. Or so said John Elkann, the chief executive of Exor, the parent company of Ferrari, at a sports and fashion event held by The New York Times in Paris this month. But in a world in which Formula 1 and fashion increasingly mingle,… Continue reading Ferrari and Other Car Brands Seek the Road to High-End Fashion
Automakers report earnings this week. GM is set to be the standout
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Wall Street expects General Motors to be the standout among the traditional Detroit automakers when they report second-quarter results this week, with sales and vehicle prices stable during the first half of the year for America’s… Continue reading Automakers report earnings this week. GM is set to be the standout
@Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000386
Maranello (Italy), July 22, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth 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 Program000386
Ferrari N.V.: Periodic Report on the Buyback Program
Maranello (Italy), July 22, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth 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.: Periodic Report on the Buyback Program