Total shipments of 1,389 units, halved versus prior year, as a result of both production and delivery suspensions Net revenues of Euro 571 million, decreased by 42.0% Adj. EBITDA(1) of Euro 124 million, with an Adj. EBITDA margin of 21.9% Adj. EBIT(1) of Euro 23 million, with an Adj. EBIT margin of 4.0% Negative industrial… Continue reading @Ferrari: Q2 2020 affected by Covid-19, but in line with expectations, full year guidance narrowed within the previous range
Tag: Possible_Motorsport
New chairman says Aston Martin transformation ‘on track’ despite losses
Aston Martin Lagonda is on track to transform the firm into “one of the great global luxury car brands” says new chairman Lawrence Stroll, despite it posting a pre-tax loss of 227.4 million pound in the first half of 2020 due to the impact of Covid-19. The British firm sold 1770 cars worldwide between January… Continue reading New chairman says Aston Martin transformation ‘on track’ despite losses
Italian and British classics on sale at Silverstone Classics Auction – Sunday Times Driving
AN ECLECTIC group of cars are going up for sale this weekend at the Silverstone Classics Auction. Five collections comprising 110 cars encompass everything from nifty, stripped-back modern sports cars like the Zenos E10 to heritage models including a Swallow SS1, which can aptly be described as the 1930s in a car, with its black… Continue reading Italian and British classics on sale at Silverstone Classics Auction – Sunday Times Driving
Le Mans News Notebook – Dailysportscar
Carlos Tavares drives the MissionH24 LMPH2G Adess Partner and Group PSA CEO and Chairman Carlos Tavares tested MissionH24’s electric-hydrogen prototype, the LMPH2G, on the Linas-Montlhéry autodrome last Friday. Tavares covered a few laps to get to grips with the racing car developed by the ACO and GreenGT, which is paving the way for the introduction… Continue reading Le Mans News Notebook – Dailysportscar
Hypercar Market by 2030 Getting Ready For Future Growth | Automobili Lamborghini, Porsche 918 Spyder, mazzanti – openPR
Key players profiled in the Hypercar market includes Automobili Lamborghini, Porsche 918 Spyder, mazzanti evantra, marussia b2, Mercedes-Benz, spania gta spano, venom gt-wfe, koenigsegg one, zenvo st1, laraki, Pagani Huayra, McLaren P1, Ultima GTR, Ferrari LaFerrari, Porsche 918 Spyder, Koenigsegg Agera, Bugatti Veyron (all trims), Hennessey Venom, Lamborghini Veneno/Centenario, Rimac Concept One, and Maserati MC12.… Continue reading Hypercar Market by 2030 Getting Ready For Future Growth | Automobili Lamborghini, Porsche 918 Spyder, mazzanti – openPR
Creventic Revives Historic Coppa Florio – Dailysportscar
We’ve seen a number of innovative solutions to calendar challenges as the motorsport world grapples with the ongoing travails doled out by COVID-19. The latest comes from CREVENTIC who, in the wake of losing their date at Imola due to on-going calendar fluctuations there, and with local issues over noise also making it impossible for Imola… Continue reading Creventic Revives Historic Coppa Florio – Dailysportscar
Lyft is expanding car rentals across the US as the coronavirus hobbles its core rides business (LYFT)
Lyft is expanding its car-rental option to the entire US, the company said Thursday. The coronavirus pandemic hobbled Lyft’s core taxi business, and its losses are expected to triple in the second quarter. The expansion is possible via a partnership with Sixt, a German rental company that’s aggressively expanding in the US despite a recession. … Continue reading Lyft is expanding car rentals across the US as the coronavirus hobbles its core rides business (LYFT)
Start of the DTM season: Schaeffler forges ahead with technology transfer
2020-07-30 | Herzogenaurach Successful cooperation enters second year Schaeffler using partnership with BMW M Motorsport to gain knowledge from the DTM, in order to use it in production development Matthias Zink: “The goal is to win the title with Marco Wittmann.” This weekend, the new season of the German Touring Car Masters (DTM) gets underway… Continue reading Start of the DTM season: Schaeffler forges ahead with technology transfer
Saisonstart in der DTM: Schaeffler treibt Technologietransfer weiter voran
2020-07-30 | Herzogenaurach Erfolgreiche Zusammenarbeit geht in das zweite Jahr Schaeffler nutzt die Partnerschaft mit BMW M Motorsport, um Know-how aus der DTM für die Serienentwicklung zu gewinnen Matthias Zink: „Ziel ist es, mit Marco Wittmann den Titel zu holen.“ Am Wochenende beginnt die neue Saison in der Deutschen-Tourenwagen-Masters (DTM) im belgischen Spa-Francorchamps. Den harten… Continue reading Saisonstart in der DTM: Schaeffler treibt Technologietransfer weiter voran
Inspired by Tesla, China’s EV startups race for IPO
HONG KONG — Chinese electric vehicle startups are racing for stock market debuts, inspired by a surge of investor interest in Tesla as they seek to beef up balance sheets in the face of strong industry headwinds. Beijing-based Li Auto will make an initial public offering on Nasdaq on Friday to raise as much as… Continue reading Inspired by Tesla, China’s EV startups race for IPO