March 6 (Reuters) – Ferrari Chief Executive Sergio Marchionne tells reporters at the Geneva auto show: * WITH SUV COMPANY WILL PRODUCE (OVERALL) MORE THAN 10,000 VEHICLES PER YEAR, CLOSE TO CONCLUDING PLANNING FOR SUV PROJECT * A HYBRID SERIES MODEL WILL BE LAUNCHED WITHIN 2019 * POTENTIAL U.S. TARIFFS WOULD WEIGH ON COMPANY’S RESULTS,… Continue reading BRIEF-Ferrari SUV to push overall output to above 10,000 vehicles/yr -CEO
Tag: Ferrari
Morgan Plus 8 50th Anniversary launched
Morgan is marking the 50th year of its Plus 8 sports car with a new special edition of which just 50 examples will be produced. Revealed at the Geneva motor show, the new 50th Anniversary model will be among the very last cars to use a BMW N62 V8 engine, which bows out with the… Continue reading Morgan Plus 8 50th Anniversary launched
Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
The Stratos is coming back, but don’t call it a Lancia
Yes, the Stratos is being reborn, though nobody at FCA has cared enough about Lancia to do it themselves. Instead, it’s being built by Manifattura Automobili Torino (MAT), the same custom low-volume builder that takes care of the Apollo Arrow and James Glickenhaus’s fabulously crafted SCG003S. And Lancia itself has had nearly eight years to… Continue reading The Stratos is coming back, but don’t call it a Lancia
New V-12 Apollo Intensa Emozione
Supercar start-up Apollo is an Italian based firm backed by Chinese capital investments. The Apollo Company has its evolution roots planted in German automobile manufacturing enterprise Gumpert. Roland Gumpert, the founder of Apollo, once held the position of director of Audi Sport. Under his management, Audi won a total of 25 World Rally Championship races… Continue reading New V-12 Apollo Intensa Emozione
Aston Martin is looking for a shoulder to lean on
Even James Bond always ends up relying on someone, or someone. Aston Martin has regained its luster, but the British manufacturer of luxury cars dear to the secret agent has still been thinking of finding a shoulder, by the end of the year perhaps. “We are building a company that can survive by selling at… Continue reading Aston Martin is looking for a shoulder to lean on
Dick Lovett opens Jaguar Land Rover dealership in Bath
Dick Lovett Group has opened a new Jaguar Land Rover dealership in Melksham, near Bath. The opening is part of the restructuring of the Jaguar Land Rover networks in the UK with – for the most part – common ownership of the two brands in each market territory. Employing 800, Dick Lovett represents BMW, Mini,… Continue reading Dick Lovett opens Jaguar Land Rover dealership in Bath
Aston Martin Posts First Profit in Eight Years
Aston Martin Holdings Ltd. is looking for a “big brother” partner in order to survive as a low-volume, luxury carmaker, even after it posted its first profit in eight years and prepares for a potential initial public offering. The manufacturer famous for making film spy James Bond’s favorite car could use a combination of capital… Continue reading Aston Martin Posts First Profit in Eight Years
Naza Corporation Holdings and Groupe PSA Establish a Shared Manufacturing Hub In ASEAN
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Today, Groupe PSA (Paris:UG) and Naza Corporation Holdings announced the signing of a share sale agreement and a joint venture agreement, officially establishing shared operation of the Naza Automotive Manufacturing (NAM) plant in Gurun, Kedah, as the first manufacturing hub in ASEAN for Groupe PSA. In attendance to witness, the event… Continue reading Naza Corporation Holdings and Groupe PSA Establish a Shared Manufacturing Hub In ASEAN
Ferrari releases its 2017 Annual Report and files annual report on Form 20-F
Maranello (Italy), February 23, 2018 – Ferrari N.V. (NYSE/MTA: RACE) announced today that it has published its 2017 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2017, with the United States Securities and Exchange Commission. Ferrari’s 2017 Annual Report and annual report on… Continue reading Ferrari releases its 2017 Annual Report and files annual report on Form 20-F