LONDON (Reuters) – Formula E founder and chief executive Alejandro Agag has made a 600 million euro ($716.34 million) bid to take full ownership of the company, the all-electric series said on Friday. FILE PHOTO: Alejandro Agag, Formula E CEO, speaks during an interview with Reuters ahead of round four of the Formula E championship… Continue reading UPDATE 1-Motor racing-Agag makes 600m euro bid for Formula E
Tag: Ferrari
Bentley boss: we could have been more prepared for electrification
The Bentayga hybrid is the brand’s first electrified model New company CEO admits the firm needs to accelerate its electrification plans – and hints full electric car is due within five years New Bentley boss Adrian Hallmark has acknowledged that the brand was not as prepared for future technology as it could have been –… Continue reading Bentley boss: we could have been more prepared for electrification
Bentley boss acknowledges brand could have been more prepared for electrification
New Bentley boss Adrian Hallmark has acknowledged that the brand was not as prepared for future technology as it could have been and is forging ahead with a revised strategy to ensure Bentley is at the forefront of electrification. Since starting his position early this year, having previously been at the company as board member… Continue reading Bentley boss acknowledges brand could have been more prepared for electrification
Bentley Continental GT
Is it fair to define the Bentley Continental GT as a modern-day icon? On the basis that rivals chiefly built in Maranello and Gaydon have persistently kept it from the top rung of Autocar road test rankings for super-GT cars, you could convincingly argue that it is not. Then again, few other machines at the… Continue reading Bentley Continental GT
Aston Martin thinks F1 could use it against Ferrari quit threat
Aston Martin believes Formula 1 can use its intention to become an engine supplier in 2021 as a bargaining chip against Ferrari’s threats to quit the championship. F1’s owner revealed its blueprint for the series’ future at the Bahrain Grand Prix, including plans for simpler, cheaper, louder and more powerful engines than the current V6… Continue reading Aston Martin thinks F1 could use it against Ferrari quit threat
Sergio Marchionne Admits Maserati Levante Launch ‘Sucked’
The struggling SUV had problems from the get go. The Levante hasn’t exactly been a huge success for Maserati. Since its launch in 2016, the company has had to halt production twice – shortly thereafter cutting production of the SUV by a whole 59 percent. In 2017, Maserati moved just 5,485 examples of the Levante.… Continue reading Sergio Marchionne Admits Maserati Levante Launch ‘Sucked’
‘2018 might see a road-legal production car hit 300mph. Pointless? In every practical sense, yes’
This year will, in all likelihood, see a road-legal production car (perhaps more than one) attempt to hit 300mph. Pointless? In every practical sense, yes, completely and utterly. Still, you have to admit that, however daft, it’s a pretty remarkable target for cars that are road-legal and more than wild one-offs. It wasn’t so long… Continue reading ‘2018 might see a road-legal production car hit 300mph. Pointless? In every practical sense, yes’
Aston Martin’s e-Lagonda to challenge Rolls-Royce and Bentley “duopoly”
Andy Palmer: “In powertrain technology, we want to keep complete control over our V12 engine, and we want to keep control of the electrical motor because we think this is important going forward.” Andy Palmer, CEO of Aston Martin reveals how the British sports car maker aims to be the first luxury car maker to… Continue reading Aston Martin’s e-Lagonda to challenge Rolls-Royce and Bentley “duopoly”
China to phase out auto joint ventures equity cap
A new Ferrari 488 Pista on display during the 88th Geneva International Motor Show in Geneva, Switzerland. [Photo/IC] China will phase out the equity cap on automotive joint ventures by 2022, with the cap on manufacturers of new energy vehicles and special-use vehicles to be removed later this year, according to the National Development and… Continue reading China to phase out auto joint ventures equity cap
Aston Martin DBS Superleggera name revealed for Vanquish replacement
Aston Martin has revealed that its next flagship Super GT will be called DBS Superleggera, and will be revealed in full in the second quarter of 2018. Replacing the Vanquish S, the DBS Superleggera resurrects the DBS nameplate. Most recently the name was used on Aston’s hardcore take on the DB9, though Aston is keen… Continue reading Aston Martin DBS Superleggera name revealed for Vanquish replacement