Ferrari banks $80,000 per car
The average profit on every Ferrari is $80,000 Ferrari hears the sweet ring of the cash register with every new car sold. The Italian company banks a profit of $80,000 … Read More
Category: Automotive
Tourist in Dubai rents Lamborghini, racks up $47,000 in speeding fines in 4 hours
Before I went to Dubai last fall, I imagined a sea of supercars running rampant with few repercussions. I couldn't have been more wrong (at least when it comes to … Read More
Judge Denies Pretrial Deal for Dodge Challenger Hellcat Driver
Garza Indiana State Police Mugshot What's a good place to take your Dodge Challenger SRT Hellcat and let all 707 horses run wild at 150 mph? Unsurprisingly and unfortunately for … Read More
Tesla Model 3 Outsold All Mercedes-Benz Cars Combined
The air polluting internal combustion engine manufacturers are being taught a hard lesson by Tesla Tesla already stated that the Model 3 outsold in July all other models from the … Read More
Toyota Splits Ways With Isuzu
Toyota no longer wants to be associated with dirty diesels In November 2006, Toyota and Isuzu signed a basic agreement, focused on developing and building diesel engines. Toyota also agreed … Read More
Tesla Gigafactory Now Makes More Battery Power Than All Automakers Combined
Tesla factory still growing It’s official: Tesla Gigafactory is now the largest annual producer of battery power in the automotive world, with a run rate of approximately 20 gigawatt-hours. The … Read More
Tesla Model 3 Outsells All Premium Mid-Sized Sedans In US Combined
And Model 3 sales have only now begun in earnest. Electric cars are superior and the legacy ICE manufacturers are going to get caught with their pants down Tesla released … Read More
Ferrari’s Profit Jumped, but Investors Are Nervous
812 Superfast Italian exotic-car maker Ferrari (NYSE:RACE) said on Aug. 1 that its net profit rose 18% in the second quarter, to 160 million euros ($187.3 million), on a 6% … Read More
Biker Films Himself Doing 189 MPH – cops nail him
Police in the UK have jailed a man who filmed himself riding his motorcycle at 189 mph (304 km/h) on a dual carriageway. Last week, authorities released video of 26-year-old … Read More
Marchionne smoked ‘cancer sticks’ for years
If you smoke 'cancer sticks' like Marchionne did for years, you usually die early. Cancer did-in Marchionne – a great man with a bad habit Sergio Marchionne received treatment for … Read More
Ford GT Production Falls Behind Schedule, Multimatic Says It’ll Complete Every Order
Ford GT Multimatic, the Canadian supplier company responsible for building the Ford GT, has fell short of the original 250-car yearly target for the 2017MY as it produced just 138 … Read More
Ferrari boss Marchionne dies at 66
Ferrari boss Sergio Marchionne is dead at 66 Former Fiat Chrysler and Ferrari chief executive Sergio Marchionne, one of the auto industry’s most tenacious and respected auto chiefs, has died, … Read More
Penske & NFI To Begin Tests of Electric Freightliner
Freightliner eCascadia. After shaking up the car industry with his electric cars, Elon Musk is now forcing all truck manufacturers to develop electric Semis Daimler Trucks North America announced two … Read More
Tesla had over 7,000 new orders last week, says Elon Musk
Elon Musk In a rare move, Tesla CEO Elon Musk has revealed the automaker’s new order breakdown from last week in order to dispel the notion that demand for the … Read More
Ford issues two big recalls
Ford shifters have been popping out of Park for decades Select 2013-16 model year Ford Fusion and 2013-14 Ford Escape vehicles to replace shifter cable bushingsFord is issuing a safety … Read More
Watch an autonomous race car tackle England’s famous Goodwood hill climb
All kinds of cars turn up at the annual Goodwood Festival of Speed to run up Goodwood’s famous hill climb course, but none have ever done it like this. Roborace’s … Read More
McLaren Automotive To Launch 18 New Cars To Go 100% Hybrid By 2025
McLaren Senna Carbon At today’s Goodwood Festival of Speed, luxury British sportscar and supercar maker McLaren Automotive has announced its ambitious, wide-ranging business plan that will take the company to … Read More
Tesla to Build Auto Factory in Shanghai
Musk forced to build Tesla's in China because of the 25% tariffs China has put on imported USA cars for years. Meanwhile the USA never reciprocated, until now. There's a … Read More
McLaren fastest growing luxury brand
McLaren Senna Carbon McLaren Automotive emerged as the fastest growing luxury automotive brand in the UK following the release of year-to-date car registration figures from the Society of Motor Manufacturers … Read More
The RCCI engine uses both gasoline and diesel fuel
When most of us pull up to the pump, we are in vehicles that require gasoline. A portion of us sidle up to diesel pumps. In the future, maybe we'll … Read More
Auto shoppers in the United States favor trucks more and more
SUVs are all the rage Just five years ago, U.S. vehicle sales were evenly split between cars and light trucks. But this year through May, trucks outsold cars by a … Read More
FCA buying Hyundai?
Responding to a report from Asia Times suggesting that a buyout bid is imminent, Hyundai Corporate and Marketing public relations manager Michael Stewart told CNET indicated the reports are unsubstantiated. … Read More
Tesla Sets New Model 3 Target of 6,000 a Week
Musk makes doubters eat their words Tesla Inc. aims to increase its output of Model 3s to 6,000 a week by late next month, suggesting it expects no letup in … Read More
Musk says Ford factory like a morgue
Elon Musk calls Ford plant a morgue Mark Truby, Ford's vice president of communications, responded to Tesla CEO Elon Musk on Thursday after Musk compared a Ford factory to a … Read More