@VW Group: Porsche Penske Motorsport experiences difficult 24 Hours of Le Mans007395

Witnessed by 325,000 spectators, the four Porsche 963 racers stepped into the limelight in the starting phase. In changing conditions with sunshine and occasional heavy rain showers, the No. 5 and No. 75 entries from Porsche Penske Motorsport spent time in the lead, as did the “Mighty 38” campaigned by Hertz Team Jota. However, tyre… Continue reading @VW Group: Porsche Penske Motorsport experiences difficult 24 Hours of Le Mans007395

@FCA: Stellantis Strengthens Commercial Vehicle Business, Merchants Fleet to Purchase 12,500 All-new Ram ProMaster Electric Vans

June 13, 2023 , Auburn Hills, Mich. –  The Ram Truck brand has announced that Merchants Fleet will become a key commercial customer of the all-new Ram ProMaster electric van (EV) that debuts later this year. The agreement calls for the purchase of 12,500 Ram ProMaster EVs over the next several years. “At Ram, we are… Continue reading @FCA: Stellantis Strengthens Commercial Vehicle Business, Merchants Fleet to Purchase 12,500 All-new Ram ProMaster Electric Vans

China’s state investor leads $279m Series A round for auto parts maker BWSMIt supplies auto parts to over 50 car brands ranging from luxury carmakers …

Beijing West Smart Mobility Zhangjiakou Automotive Electronics (BWSM), a Chinese business that supplies auto parts to both domestic and international car makers, has secured 2 billion yuan ($279.3 million) in a Series A round of financing, the firm announced on Tuesday. The Series A round was led by Zhangjiakou Financial Holding Group, a state-owned company… Continue reading China’s state investor leads $279m Series A round for auto parts maker BWSMIt supplies auto parts to over 50 car brands ranging from luxury carmakers …

@niche: THE AE BRAND IMAGE METER: THE “WE TOLD YOU SO” EDITION.002750

Editor’s Note: This week, Peter updates our Brand Image Meter with the “We Told You So” Edition. It’s a highly entertaining must-read. In On The Table, a second look at Porsche’s sure-to-be $1 million Hypercar for the street. And, our AE Song of the Week is the wistful “Sentimental Lady” by Bob Welch. In Fumes, Peter revisits a subject… Continue reading @niche: THE AE BRAND IMAGE METER: THE “WE TOLD YOU SO” EDITION.002750

@FCA: Nuevo Peugeot i-Cockpit® Panorámico

12 de junio de 2023 , Ciudad de México –  El Nuevo PEUGEOT i-COCKPIT® panorámico encarna la metamorfosis de PEUGEOT.   Llevando la creatividad del diseño, el placer de conducción y las prestaciones eléctricas a un nivel completamente nuevo, el nuevo PEUGEOT 3008 es el primer modelo en recibir el Nuevo PEUGEOT i-COCKPIT® panorámico.  El nuevo PEUGEOT… Continue reading @FCA: Nuevo Peugeot i-Cockpit® Panorámico

@VW Group: Porsche Penske Motorsport experiences difficult 24 Hours of Le Mans007385

Witnessed by 325,000 spectators, the four Porsche 963 racers stepped into the limelight in the starting phase. In changing conditions with sunshine and occasional heavy rain showers, the No. 5 and No. 75 entries from Porsche Penske Motorsport spent time in the lead, as did the “Mighty 38” campaigned by Hertz Team Jota. However, tyre… Continue reading @VW Group: Porsche Penske Motorsport experiences difficult 24 Hours of Le Mans007385

@FCA: Pruett, Hagan Finish NHRA Bristol/Epping Races Early After Tough Weather Conditions

June 11, 2023 , Bristol, Tenn. –  The TSR Nitro squad recorded the No. 1 Top Fuel qualifying position for the first time in the 2023 NHRA Camping World Drag Racing Series at Bristol Dragway when Leah Pruett topped the 16-driver starting lineup with her TSR Rush Truck Services/Dodge//SRT dragster for Sunday’s NHRA Thunder Valley Nationals.… Continue reading @FCA: Pruett, Hagan Finish NHRA Bristol/Epping Races Early After Tough Weather Conditions

Michelin innovations play central role at the centenary Le Mans 24 Hours

Michelin innovations play central role at the centenary Le Mans 24 Hours Michelin’s new Hypercar range lived up to expectations, in spite of the drama-packed weekend’s fickle weather which led to numerous interruptions. Tyre strategy played a big role in the duel between Ferrari AF Corse and Toyota Gazoo Racing. [embedded content] [embedded content] [embedded… Continue reading Michelin innovations play central role at the centenary Le Mans 24 Hours

Ferrari N.v.: Periodic Report on the Buyback Program

Maranello (Italy), June 12, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on December 1, 2022, as the second tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading Ferrari N.v.: Periodic Report on the Buyback Program

Fiat 600 crossover revealed as Italian firm’s Jeep Avenger rival

Fiat has revealed the electric successor to the 500X crossover – the Italian firm’s answer to the Jeep Avenger, which will go on sale later this year.  Expected to use the e-CMP2 platform from parent firm Stellantis, the crossover is named the Fiat 600 and will share much of the Avenger’s underpinnings.  The Fiat 600… Continue reading Fiat 600 crossover revealed as Italian firm’s Jeep Avenger rival