The 3.9-litre V8 takes the International Engine of the Year Award

Ferrari’s turbo-charged V8 is voted the best engine of the last 20 years The 3.9-litre V8 takes the International Engine of the Year Award for the third year running A record number of six awards Stuttgart, 5 June 2018 – The latest iteration of Ferrari’s turbo-charged V8 that equips, in various forms, all Ferrari’s V8-engined… Continue reading The 3.9-litre V8 takes the International Engine of the Year Award

Aston Martin: Valkyrie is Marketing for Volume Mid Engine Car

The Aston Martin Valkyrie hypercar will be limited to just 150 units and all of them have already been sold.  The Valkyrie will feature aerodynamics penned by Red Bull Racing’s not-so-secret weapon Adrian Newey and a bespoke V12 engine developed by Cosworth. You might think engineering something so complex would be a bit of a… Continue reading Aston Martin: Valkyrie is Marketing for Volume Mid Engine Car

Lotus boss leaves as new owner Geely promotes from within

Lotus’s boss has left the sports car manufacturer less than a year after it was acquired by Chinese automotive giant Geely. Jean-Marc Gales was brought in to the Norfolk-based company in 2014 with a remit to get it back on track after an ambitious expansion plan under former Ferrari marketing chief boss Dany Bahar failed.… Continue reading Lotus boss leaves as new owner Geely promotes from within

Exclusive: Lotus boss Jean-Marc Gales departs car maker

Jean-Marc Gales has abruptly left his position as CEO of Group Lotus plc, the Norfolk-based sports car maker and technology consultancy acquired last year by China’s Geely group, which also owns Volvo, Lynk&Co, Proton and LEVC. Gales told Autocar that he was leaving for “personal reasons” and that it was “time to move on”. He departs his job today and described it as… Continue reading Exclusive: Lotus boss Jean-Marc Gales departs car maker

UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel

BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) departing Chief Executive Sergio Marchionne delivered a plan on Friday to ramp up sport utility vehicles and invest 9 billion euros ($10.5 billion) in electric and hybrid cars in a bid to double operating profit by 2022. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car… Continue reading UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel

Alfa Romeo to Challenge Ferrari, Porsche With a New Supercar

LISTEN TO ARTICLE SHARE THIS ARTICLE Alfa Romeo announced on Friday that it will produce a supercar that could go up against the likes of Ferrari, McLaren, and Porsche. The upcoming coupe, which will be called the 8C, will run on a turbo-charged mid-engine, using an all-wheel-drive electric drive system. Total output will equal at least 700 horsepower,… Continue reading Alfa Romeo to Challenge Ferrari, Porsche With a New Supercar

Leading Fiat Out of the Desert

Sergio Marchionne once defined his mission at Fiat Chrysler Automobiles NV — a company formed via the unlikely union of two hobbled automotive also-rans — in almost biblical terms. “We need to be able to cross the desert,” the CEO told investors in 2016 as he looked at the technological revolution facing the industry. “We… Continue reading Leading Fiat Out of the Desert

UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel

BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) Sergio Marchionne laid out his final strategic vision as chief executive on Friday with a focus on sport utility vehicles and a 9 billion euro ($10.5 billion)investment plan for electric and hybrid cars. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car dealership in New Jersey,… Continue reading UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel

Maserati’s Plans to Speed Past Tesla

LISTEN TO ARTICLE SHARE THIS ARTICLE Maserati isn’t even trying to hide its ambitions — it’s out to get Tesla. Its weapon of choice: the full-electric Alfieri sportscar, with a top speed exceeding 186 miles per hour (about 300 km/h) and an acceleration from zero to 62 mph in less than two seconds. By comparison,… Continue reading Maserati’s Plans to Speed Past Tesla

Fiat Chrysler investors want electric road map in CEO’s swan song

MILAN/LONDON (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) boss Sergio Marchionne is expected to outline new plans for electric and hybrid cars in a strategy presentation on Friday, aiming to ensure the world’s seventh-largest carmaker remains in the race in the absence of a merger. FILE PHOTO: FCA CEO Sergio Marchionne addresses the media during a… Continue reading Fiat Chrysler investors want electric road map in CEO’s swan song