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
Tag: Ferrari
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
The Ferrari team invests 382 million a year in R & D
Ferrari is the most famous team of the Formula 1 races and also the one with the biggest budget. However, details of it are now known. Thus, the brand spent 382 million in R & D in 2016, 93 in paying its workers and 66 in operating expenses. The statements indicate that Ferrari generated $… Continue reading The Ferrari team invests 382 million a year in R & D
Aston Martin lines up banks to steer £4bn stock market float
The British luxury car-maker Aston Martin is lining up a trio of banks to lead a prospective £4bn stock market listing that could take place within months. Sky News has learnt that the manufacturer of James Bond’s vehicle of choice is close to hiring Deutsche Bank, Goldman Sachs and JPMorgan as the global co-ordinators for… Continue reading Aston Martin lines up banks to steer £4bn stock market float
New Lancia Stratos supercar images released
11th Mar 2018 6:00 am Manifattura Automobili Torino will build up to 25 units of its modern Stratos, based on the Ferrari 430; the supercar puts out 550hp and is expected in April 2018. The New Lancia Stratos is on display at the Geneva motor show before it is put into limited production by Manifattura… Continue reading New Lancia Stratos supercar images released
Aston Martin wants to have proprietary electric powertrain
When Andy Palmer took over as the CEO of Aston Martin in October 2014, his main aim was to turn the British marque into one “that can stand on equal terms with Porsche, Ferrari and Bentley.” While he is working on realising part of that aim with a new set of scorchers powered by internal… Continue reading Aston Martin wants to have proprietary electric powertrain
Enders Group: New BMW dealership in Rüsselsheim
The car dealership Karl + Co now has a location in Rüsselsheim. © Photo: Enders Group In the commercial area of the “Opel-Stadt” the car dealership Karl + Co concentrates now on used cars and services. The Enders Group strengthens its business with BMW used cars and workshop services. The associated dealership Karl + Co… Continue reading Enders Group: New BMW dealership in Rüsselsheim
Pagani Huayra successor to offer electric & manual option – report
The founder of ultra-desirable supercar manufacturer Pagani has revealed details, via an Italian report, about two upcoming vehicles that should have purists and electric car enthusiasts alike very excited indeed. Horacio Pagani started his company 20 years ago, with the debut of the gorgeous Zonda – a car which was still produced as late as… Continue reading Pagani Huayra successor to offer electric & manual option – report
Pininfarina will go from designer to automaker with all-EV lineup
Drew Phillips For decades, Pininfarinaa has largely been a design house — it shaped and built cars, but usually under someone else’s name (such as the Ferrari F40). It’s apparently ready to become a full-fledged manufacturer, however, and a thoroughly 21st century one at that. Autocar sources have heard that Pininfarina is launching an all-electric… Continue reading Pininfarina will go from designer to automaker with all-EV lineup
Top Automotive Industry News for Week of March 12 – March 18, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week March 12, 2018 – March 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of March 12 – March 18, 2017