Steer Automotive buys Chartwell and M&A Coachworks

Fast expanding Steer Automotive Group has acquired Chartwell and M&A Coachworks, two top-end crash repair businesses. Derby-based Chartwell, established in 1966, holds manufacturer approvals from Aston Martin, Ferrari, Jaguar, Land Rover, Lamborghini, Maserati, Honda NSX, McLaren, Mercedes Benz. Chris Brightmore, managing director of Chartwell, will remain operationally responsible for the firm while chairman Mark Grogan… Continue reading Steer Automotive buys Chartwell and M&A Coachworks

@Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000378

Maranello (Italy), June 3, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading @Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000378

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

Maranello (Italy), June 3, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth 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

Multibillion Dollar Botnet Scam Traced Back to a Single Person

“The conduct alleged here reads like it’s ripped from a screenplay.” Zombie Army In what stands to be a major cybersecurity win for US law enforcement, the Department of Justice announced the arrest of Yunhe Wan — a 35-year-old Chinese national accused of perpetrating what the FBI says is likely the biggest botnet scheme in… Continue reading Multibillion Dollar Botnet Scam Traced Back to a Single Person

@Groupe PSA: OP La Dolce Corsa000660

Numbers don’t lie. Sometimes they even open your eyes. Need an example? 4006 millimeters – that’s how long the current Opel Corsa is. The next number offers an interesting relationship: the first Opel Astra in the early 1990s was 4051 millimeters long. Of course, there are over 30 years between the two models – and… Continue reading @Groupe PSA: OP La Dolce Corsa000660

@Groupe PSA: OP La Dolce Corsa000659

Numbers don’t lie. Sometimes they even open your eyes. Would you like an example? 4006 millimeters – that’s how long the current Opel Corsa is. The second number brings an interesting relationship: the first Opel Astra in the early 1990s was 4051 millimeters long. Sure, there are over 30 years between the two models –… Continue reading @Groupe PSA: OP La Dolce Corsa000659

Aston Martin gets a boost from Formula 1 and new high-performance models

watch now With a parade of new models and a marketing tailwind from Formula 1, sports carmaker Aston Martin expects to become cash-flow positive this year, according to Executive Chairman Lawrence Stroll. “We’re now at a really transitional moment, with an inflection point for this company,” Stroll told CNBC. “We’re introducing all our products, finally,… Continue reading Aston Martin gets a boost from Formula 1 and new high-performance models

‘Largest Botnet Ever’ Tied to Billions in Stolen Covid-19 Relief Funds

The United States Department of Justice on Wednesday announced charges against a 35-year-old Chinese national, Yunhe Wang, accused of operating a massive botnet allegedly linked to billions of dollars in fraud, child exploitation, and bomb threats, among other crimes. Wang, identified by numerous pseudonyms—Tom Long and Jack Wan, among others—was arrested on May 24 and… Continue reading ‘Largest Botnet Ever’ Tied to Billions in Stolen Covid-19 Relief Funds

Le Mans 24H: Innovation vehicle of Bosch Engineering and Ligier Automotive with hydrogen engine shows the sustainable future of motorsport

Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome… Continue reading Le Mans 24H: Innovation vehicle of Bosch Engineering and Ligier Automotive with hydrogen engine shows the sustainable future of motorsport

Hypercars: the potential investment gains are attracting the attention of the super-rich

In a car showroom in London, high-end car dealer Joe Macari is in full flow. “It’s a piece of art,” he says, of the gleaming McLaren F1, the centrepiece of more than £100mn worth of classic and modern cars. Unhitching the VIP rope, he pushes a button near the car’s rear wheel arch. The door… Continue reading Hypercars: the potential investment gains are attracting the attention of the super-rich