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

Maranello (Italy), October 26, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 150 million share buyback program announced on June 30, 2022, as the initial 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

Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

Magna International Inc. Magna’s 48-Volt hybrid transmission system launches on several Stellantis models around the globe Magna’s 48-Volt hybrid transmission system launches on several Stellantis models around the globe Magna’s 48-Volt hybrid dual-clutch transmission made its debut on the Jeep Renegade and Compass e-Hybrid, Fiat 500 X and Tipo Production taking place in Magna’s Slovakia… Continue reading Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

@FCA: Jeep® Brand Wins ‘Best SUV Lineup’ as Part of the 2022 Newsweek Autos Awards for Second Consecutive Year

October 26, 2022 , Auburn Hills, Mich. – The Jeep® brand, renowned for its iconic and legendary 4×4 SUVs for more than 80 years, is the winner of Newsweek’s Best SUV Lineup for the second year in a row as part of the publication’s annual 2022 Autos Awards competition. The all-new 2022 Jeep Grand Cherokee, 2022… Continue reading @FCA: Jeep® Brand Wins ‘Best SUV Lineup’ as Part of the 2022 Newsweek Autos Awards for Second Consecutive Year

Audi to partner with Sauber for 2026 F1 season

Audi and Sauber have announced a partnership for the 2026 Formula One season – the same year new engine regulations will come into force in the sport. A key driver behind Audi’s desire to enter F1 is the sport’s plans to become more sustainable and cost-efficient. Sauber will split with its current partner Alfa Romeo… Continue reading Audi to partner with Sauber for 2026 F1 season

Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

Magna’s 48-Volt hybrid dual-clutch transmission made its debut on the Jeep Renegade and Compass e-Hybrid, Fiat 500 X and Tipo Production taking place in Magna’s Slovakia facility Agreement includes additional hybrid models in the future for Europe AURORA, Ontario, Oct. 26, 2022 (GLOBE NEWSWIRE) — Magna’s 48-Volt hybrid transmission hit the market on the Jeep… Continue reading Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

From the archive: on this day in 1975

Every car firm has a wealth of unrealised projects in its archives. Most will never see the light of day, but occasionally we get tantalising glimpses into alternate histories.  One such instance came in 1975, when we met Phil Weaver, who had retired from Jaguar, having worked in its Special Projects and Competitions department.  Back… Continue reading From the archive: on this day in 1975

Cleantechnica: Europe Electric Car Sales — 16% of New Cars Fully Electric, 24% Have a Plug 002339

After over a year in the red, Europe was back in black in August, with a 3% growth rate. September confirmed the trend with a 9% increase in market sales, signaling that the worst of the production constraints might be over. Although, with an energy-derived recession knocking on the door, this uptick might not last… Continue reading Cleantechnica: Europe Electric Car Sales — 16% of New Cars Fully Electric, 24% Have a Plug 002339

Autocar magazine 26th October: on sale now

This week, we unearth an exclusive – a two seat Caterham EV – drive the new Nissan Z and uncover Britain’s best affordable driver’s car. Pick up a copy of our latest mag to find out more.  News Caterham has revealed plans to produce an all-electric sports car and EV edition of the fabled Seven… Continue reading Autocar magazine 26th October: on sale now

Ford has 3 vehicles you can find easily. For almost anything else, prepare to wait.

A lot of confusion swirls around car buying now, what with preorders and back orders and parts shortages. But what everyone understands is the unrelenting demand for new vehicles. “It’s crazy,” said Thad Szott, whose dealerships sell Ford, Toyota, Chrysler, Dodge, Jeep and Ram Trucks in Holly, Highland, New Hudson, White Lake and Waterford. “Our… Continue reading Ford has 3 vehicles you can find easily. For almost anything else, prepare to wait.