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
Tag: Ferrari
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
McLaren considers sale of global headquarters to raise cash
Luxury sports-car maker McLaren Automotive is considering a sale of its global headquarters as part of a refinancing strategy the company announced earlier this year. The U.K. company has also appointed banks to advise on a debt restructuring and equity raise to buttress its balance sheet, it said in a statement Thursday. The company has… Continue reading McLaren considers sale of global headquarters to raise cash
@Ferrari: The Ferrari Monza SP1 wins the 2020 Compasso d’Oro
The first in the Prancing Horse’s Icona series takes the prestigious design award Sophisticated in both design and technology, the car is inspired by legendary Ferrari racing barchettas The Monza SP1 is only the 11th car (and third Ferrari) to win in the history of the revered ADI award Maranello, 09 September 2020 – The… Continue reading @Ferrari: The Ferrari Monza SP1 wins the 2020 Compasso d’Oro
Michelin hails the France hydrogen strategy plan and reaffirms its hydrogen goals
Michelin hails the France hydrogen strategy plan and reaffirms its hydrogen goals On this occasion, Florent Menegaux, Chairman of Michelin said, ‘The announcement of this plan is a major step in the development of a French hydrogen industry of excellence. Michelin is convinced that hydrogen mobility will be one of the essential components of clean… Continue reading Michelin hails the France hydrogen strategy plan and reaffirms its hydrogen goals
Renault: Lucas de Meo gives Alpine another chance
Posted Sep 6, 2020 at 10:58 a.m.Updated Sep 6, 2020 at 11:29 a.m. While there is still little time, even internally of the French car manufacturer which has just posted historic quarterly losses, many were those who doubted the sustainability of this brand of sports car relaunched in 2018 but not selling that 4 to… Continue reading Renault: Lucas de Meo gives Alpine another chance