Things are rolling for Stellantis. The automotive group announces a turnover up 29%

The Stellantis group (PSA, Fiat-Chrysler) announces a sharp increase in its turnover in the 3rd quarter of 2022. If in Europe, small models are popular, in North America, it is SUVs that are driving sales. The Stellantis group published sharply higher third-quarter sales on Thursday, maintaining its sales prices at their highest and benefiting from… Continue reading Things are rolling for Stellantis. The automotive group announces a turnover up 29%

OBITUARY: Mauro Forghieri, technical genius behind some of Formula 1’s greatest Ferraris, remembered – Formula 1

Mauro Forghieri, who has died at 87, found himself thrust into the F1 limelight in 1962 at the tender age of 26. His grandfather Anselmo was a passionate and committed socialist who was a friend of Mussolini and Sandro Pertini, the socialist politician who went on to become the president of Italy from 1978 to… Continue reading OBITUARY: Mauro Forghieri, technical genius behind some of Formula 1’s greatest Ferraris, remembered – Formula 1

9 Things We Just Found Out About The Mazzanti Evantra – HotCars

No other nation on the planet does supercars quite like the Italians, home to legends such as Ferrari, Lamborghini, Maserati, and Pagani. However, the pool of exotica has another member that flies by the name of Mazzanti Automobili, a little known Tuscany-based carmaker that is already challenging the greatest names with their Evantra range. Smaller… Continue reading 9 Things We Just Found Out About The Mazzanti Evantra – HotCars

Electric Powertrain Market to Witness CAGR of 10% (2022-2028) Due to Adoption of The Light-Weighted Driving Shaft and Technological Advancement | UnivDatos Market Insights

NOIDA, India, Nov. 2, 2022 /PRNewswire/ — According to a new report published by UnivDatos Market Insights, the Electric Powertrain Market is expected to reach at 190 billion in 2028, growing at a CAGR of 15% from 2022-2028. The analysis has been segmented into Vehicle Type (BEV and HEV/PHEV); Component (Motor/Generator, Battery, Power Electronics Controller, Converter, Transmission,… Continue reading Electric Powertrain Market to Witness CAGR of 10% (2022-2028) Due to Adoption of The Light-Weighted Driving Shaft and Technological Advancement | UnivDatos Market Insights

Ford’s October sales slide 10% amid supply chain issues

Ford F-150 pickup trucks at a dealership in Colma, California, on Friday, July 22, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – Ford Motor’s U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments to dealers. The Detroit automaker on Wednesday reported sales of… Continue reading Ford’s October sales slide 10% amid supply chain issues

Ferrari raises its 2022 guidance again on red-hot demand for sports cars

Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new long term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Wednesday again raised its guidance for the full year after shipments, revenue and earnings per share all rose by double-digit percentages during the third quarter. Still,… Continue reading Ferrari raises its 2022 guidance again on red-hot demand for sports cars

@Ferrari: DELIVERING STRONG RESULTS LEADING TO UPWARD REVISED 2022 GUIDANCE ON ALL METRICS000268

 Maranello (Italy), November 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) today announces its consolidated preliminary results for the third quarter and nine months ended September 30, 2022 – summarized below: Total shipments of 3,188 units, up 15.9% versus Q3 2021 Net revenues of Euro 1,250 million, up 18.7% versus prior year EBITDA of Euro 435… Continue reading @Ferrari: DELIVERING STRONG RESULTS LEADING TO UPWARD REVISED 2022 GUIDANCE ON ALL METRICS000268

German Manager Magazin: Ferrari: Benedetto Vigna increases forecasts after strong third quarter002112

After a robust third quarter, luxury sports car maker Ferrari once again announced the annual forecasts raised. Sales should reach around five billion euros in the current year, as the company announced in Maranello on Wednesday. Ferrari only became more optimistic at the beginning of August and dared to spend around 4.9 billion euros, after… Continue reading German Manager Magazin: Ferrari: Benedetto Vigna increases forecasts after strong third quarter002112

DELIVERING STRONG RESULTS LEADING TO UPWARD REVISED 2022 GUIDANCE ON ALL METRICS

 Maranello (Italy), November 2, 2022 – Ferrari N.V. (NYSE/EXM: RACE) today announces its consolidated preliminary results for the third quarter and nine months ended September 30, 2022 – summarized below: Total shipments of 3,188 units, up 15.9% versus Q3 2021 Net revenues of Euro 1,250 million, up 18.7% versus prior year EBITDA of Euro 435… Continue reading DELIVERING STRONG RESULTS LEADING TO UPWARD REVISED 2022 GUIDANCE ON ALL METRICS

Electric Powertrain Market to Witness CAGR of 10% (2022-2028) Due to Adoption of The Light-Weighted Driving Shaft and Technological Advancement | UnivDatos Market Insights

NOIDA, India, Nov. 2, 2022 /PRNewswire/ — According to a new report published by UnivDatos Market Insights, the Electric Powertrain Market is expected to reach at 190 billion in 2028, growing at a CAGR of 15% from 2022-2028. The analysis has been segmented into Vehicle Type (BEV and HEV/PHEV); Component (Motor/Generator, Battery, Power Electronics Controller, Converter, Transmission,… Continue reading Electric Powertrain Market to Witness CAGR of 10% (2022-2028) Due to Adoption of The Light-Weighted Driving Shaft and Technological Advancement | UnivDatos Market Insights