Yesterday, AutoNation, Inc. (NYSE: AN) released the results of its most profitable quarter in its history. Revenues came out to $6.6 billion, an increase of 14% year-over-year. Adjusted earnings per share (EPS) came in at $5.76, a staggering increase of 137% from Q4 2021. Although new vehicle revenue declined, used vehicle revenue soared with an… Continue reading CEO Mike Manley on AutoNation’s stunning Q4 earnings results – http://cbtnews.com/
Tag: FCA
Magna’s 48 Volt hybrid transmission goes into production with Stellantis
Magna’s 48 Volt hybrid transmission hit the market on the Jeep Renegade, Compass e-Hybrid, Fiat 500 X and Tipo, the first models from Stellantis to be equipped with a 48-Volt hybrid system. The two companies have signed a multi-program agreement. Hybrid technologies are an important step on the path to lower emissions. Magna’s hybrid transmission… Continue reading Magna’s 48 Volt hybrid transmission goes into production with Stellantis
@FCA: Hagan and Dodge Power Brokers Funny Car Qualify No. 2 at Nevada Nationals for the Penultimate Event of NHRA ‘Countdown to the Championship’
October 29, 2022 , Las Vegas, Nevada – Just two race days remain in the National Hot Rod Association (NHRA) “Countdown to the Championship” and Tony Stewart Racing (TSR) driver Matt Hagan showed he is determined to stay in the heat of the battle for the Funny Car crown by qualifying his Dodge Power Brokers charger… Continue reading @FCA: Hagan and Dodge Power Brokers Funny Car Qualify No. 2 at Nevada Nationals for the Penultimate Event of NHRA ‘Countdown to the Championship’
Ferrari 499P is 670bhp racer built to attack Le Mans
The six-cylinder engine, a load-bearing element in the 499P, is based on the architecture of the unit in the 296 GT3, which was also on show at Imola as the racing evolution of the 296 GTB road car. “Of course, each part is developed and it is completely different to the engine of the street… Continue reading Ferrari 499P is 670bhp racer built to attack Le Mans
Derek and Hannah Jeter sign multiyear deal with Jeep to promote Grand Wagoneer SUV
Derek Jeter will star with his wife, fashion model and television host Hannah Jeter, in the Grand Wagoneer’s new “Eyes Wide Open” campaign as part of a long-term partnership. Jeep DETROIT — New York Yankees legend Derek Jeter and his wife, Hannah Jeter, have agreed to a multiyear deal with Jeep to promote the company’s… Continue reading Derek and Hannah Jeter sign multiyear deal with Jeep to promote Grand Wagoneer SUV
Stellantis offers buyouts to certain salaried employees in tech transformation move
Another Detroit Three automaker has announced workforce reduction plans amid transformations toward cleaner, more technology-packed vehicles. Jeep maker Stellantis NV on Friday said it has offered certain salaried U.S. employees a voluntary separation package as a part of its “transformation to become a sustainable tech mobility company and the market leader in low-emissions vehicles,” spokeswoman… Continue reading Stellantis offers buyouts to certain salaried employees in tech transformation move
Cars That Time Forgot: ATS 2500 GT – Hagerty UK
Enzo Ferrari’s autocratic style was both a blessing and a curse. While his approach led to many great successes, things reached breaking point in November 1961, when long-time sales manager Girolamo Gardini gave Ferrari an ultimatum: if tensions continued he would leave the company. Ferrari handled the situation in the only way that he knew:… Continue reading Cars That Time Forgot: ATS 2500 GT – Hagerty UK
Only Proper Gearheads Know About These 10 Obscure Italian Cars – HotCars
When it comes to building iconic cars, Italians are unmatched. Italian automakers like Ferrari, Lamborghini, and Alfa Romeo have been on top of the automotive world for the last century and have given us icons like the Lamborghini Countach, Ferrari F40, Alfa Romeo 33 Stradale, and many other awesome cars that gearheads from all corners… Continue reading Only Proper Gearheads Know About These 10 Obscure Italian Cars – HotCars
@FCA: Derek and Hannah Jeter Sign Long-term Partnership With Grand Wagoneer
October 28, 2022 , Auburn Hills, Mich. – Celebrated baseball player and American sports icon Derek Jeter will star with his wife, fashion model and television host Hannah Jeter in the Grand Wagoneer’s new “Eyes Wide Open” campaign as part of a long-term partnership. The 60-second launch spot, “Eyes Wide Open,” will debut during the first… Continue reading @FCA: Derek and Hannah Jeter Sign Long-term Partnership With Grand Wagoneer
@FCA: Derek y Hannah Jeter forman una alianza de varios años con Grand Wagoneer
28 de octubre de 2022 , Auburn Hills, Mich. – El célebre jugador de béisbol e ícono deportivo Derek Jeter protagonizará con su esposa, la modelo y presentadora de televisión Hannah Jeter, la nueva campaña de marketing “Eyes Wide Open” para promocionar el nuevo Grand Wagoneer. La colaboración, anunciada hoy, es parte de una asociación a… Continue reading @FCA: Derek y Hannah Jeter forman una alianza de varios años con Grand Wagoneer