NIO becomes becomes one of world’s top 10 car makers by marcap China’s new energy vehicle sector saw their US listed shares rose collectively. Among them, NIO closed at US$42.35, up 12.30%, and its market value reached US$57.688 billion, a record high. This market value also exceeds that of traditional car giants such as BMW,… Continue reading China Tech Digest: NIO’s Marcap Bigger Than Baidu’s; Li Auto Issues Recalls
Tag: Ferrari
SSC plans to built a “little brother” for the Tuatara – paultan.org – Paul Tan’s Automotive News
According to a report by Motor Authority, SSC plans to build a new model that slots in below the record-setting Tuatara, a project that it is calling “Little Brother.” This will help to widen the company’s line-up of offerings to draw in more customers in the future. SSC CEO Jerod Shelby revealed that the Little… Continue reading SSC plans to built a “little brother” for the Tuatara – paultan.org – Paul Tan’s Automotive News
The fossil-fuel Ferrari is running out of road
Electric sports cars accelerate fast, even if they lack the throaty roar of the traditional luxury coupe Go to Source
@Ferrari: On track to reach the top end of the full year guidance on all metrics
2020 Guidance revised to the top end of the August 3rd guidance subject to trading conditions unaffected by further Covid-19 pandemic restrictions: Maranello (Italy), November 3, 2020 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results(3) for the third quarter and nine months ended September 30, 2020. Shipments(4)(5) Shipments… Continue reading @Ferrari: On track to reach the top end of the full year guidance on all metrics
Tekion Raises $150M in Series C; at $1B+ Valuation
Tekion, a San Ramon, Calif.-based cloud technology company and provider of SaaS retail operating platform, Automotive Retail Cloud, raised $150m in Series C financing round at over a $1 billion valuation. The round was led by Advent International with participation from Index Ventures, Exor (the holding company of Fiat Chrysler Automobiles and Ferrari), Airbus Ventures and… Continue reading Tekion Raises $150M in Series C; at $1B+ Valuation
VW gauges interest in Ducati brand as a prelude to potential sale: sources
LONDON/FRANKFURT (Reuters) – Volkswagen Group VOWG_p.DE is hosting preliminary talks with potential bidders for its Ducati brand to gauge potential interest in the motorcycle maker ahead of a November planning round, three people familiar with the matter told Reuters. Slideshow ( 2 images ) During the five-year planning round, VW will review the future of… Continue reading VW gauges interest in Ducati brand as a prelude to potential sale: sources
@Ferrari: The voyage of rediscovery of the Ferrari Portofino M begins
Evolution of the spider GT 2+ from Ferrarimakes its debut in the same town where it was presented in 2017 Maranello, 1 October 2020 – The voyage of (re)discovery of the Ferrari Portofino M begins today. The new model represents a significant evolution of the Ferrari Portofino with a more powerful engine and the journey… Continue reading @Ferrari: The voyage of rediscovery of the Ferrari Portofino M begins
@Ferrari: Ferrari Omologata: a new one-off creation
Fiorano sees the premiere of the10th one-off crafted over a V12 platform Maranello, 25 September 2020 – A unique Ferrari has been seen lapping Fiorano today during a brief yet intense shakedown. While the V12 engine note reverberating around the track may have sounded familiar, the car’s arresting looks are unique although guaranteed to strike… Continue reading @Ferrari: Ferrari Omologata: a new one-off creation
@Ferrari: Ferrari Portofino M: a voyage of rediscovery
Latest evolution of Prancing Horse 2+ GT spider unveiled The Portofino M bursts with innovations that enhance its superbversatility and the pleasure of en plein air driving Notable new features include a 620 cv V8 turbo,5-position Manettino with Race mode and a new 8-speed gearbox Maranello, 16 September 2020–The Ferrari Portofino M, the evolution of… Continue reading @Ferrari: Ferrari Portofino M: a voyage of rediscovery
@niche: Praga Cars and VR Motorsport celebrate clean sweep of honours at Oulton Park Britcar Endurance race000086
Praga Cars and VR Motorsport continued their successful season in the 2020 Britcar Endurance with another pole-setting and race-winning performance at Oulton Park, Saturday 12th September. Jack Fabby and partner Garry Townsend took the chequered flag after a near faultless hour-long race to secure the team’s 4th win in five races following two wins at… Continue reading @niche: Praga Cars and VR Motorsport celebrate clean sweep of honours at Oulton Park Britcar Endurance race000086