$RACE “Sebastian drove very well on new tires and simply that’s racing – he was ahead of Charles.” — Mattia Binotto This is racing…how it happened that Mr. Vettel took the Chequered flag and not Mr. Leclerc. Sebastian Vettel undercutting Charles Leclerc with an early pit stop in Singapore was the Key to the German […]
$RACE MercedesAMG boss Toto Wolff says Charles Leclerc taking the Pole position for the Singapore Grand Prix despite a “messy” lap shows Ferrari now has a “powerful” F1 all-round car. Mr. Leclerc’s Singapore pole, and 3rd in a running surprised himself and MercedesAMGs’ lead driver Lewis Hamilton, as Ferrari has struggled in high-downforce trim this […]
$RACE Ferrari (NYSE:RACE) Charles Leclerc, 21 anni, has secured the Pole position under the lights in Singapore Saturday the 5th pole position of his career and his 3rd running, made all the more special by the fact that it came at a track where Ferrari had predicted struggle ahead of the weekend’s race. Mr. Leclerc […]
$RACE This Friday (NYSE:RACE) at Singapore was demanding for the drivers and crew. It was a long very humid day until Sunset, with the 2nd free practice session ending at 10.00p local time. Sebastian Vettel ended the day 3rd fastest, Charles Leclerc came 6th. The 2 sessions were very busy as, on Top of their […]
$RACE Ferrari (NYSE:RACE) arrived at Singapore with an adaptation of the cape design seen elsewhere on the grid over the last couple of seasons. The nose structure itself remains largely unchanged but the cape, which will influence the movement of air around the structure, has been incorporated into it. The nose solutions available to Ferrari […]
$RACE Mattia Binotto was formerly The Scuderia’s technical director, he took over from Maurizio Arrivabene as Team Principal at the start of this year. Things began well, with their SF90 the class of the field in pre-season testing, but that did not translate into race form, with rival MercedesAMG finishing 1-2 in the opening 5 […]
$RACE Charles Leclerc and The Scuderia sent the Ferrari (NYSE:RACE) fans wild, as they packed out the Monza circuit in the thousands to watch the Maranello Outfit take the Chequered Flag at this track for the 1st time since Y 2010. This was Charles’ 2nd F1 win, 8ht days after his 1st at Spa. He […]
$RACE The Italian Grand Prix: Pole position to Charles Leclerc at Monza Sunday, Charles Leclerc will start the 90th Italian Grand Prix, the 70th as part of the F1 World Championship, from Pole position, after posting a time of 1’19”307 at the wheel of #16 SF90, beating Lewis Hamilton and Valtteri Bottas into 2nd and […]
$RACE It was a complicated Friday at the Italian Grand Prix for all the teams, as it was a case of keeping an eye on the weather to get as much dry running as possible to prepare for Saturday’s Qualifying, when it is expected to be dry. But, the forecast for the race Sunday is […]
$RACE Those odds will guarantee the grandstands will packed with Ferrari’s Tifosi cheering on Messrs Leclerc and Sebastian Vettel to victory. Charles Leclerc earned his maiden F1 victory in Belgium last Sunday, and the Ferrari driver is 6-4 favorite to go in again in this weekend’s Italian Grand Prix at Monza. Having missed out on […]
$RACE Facts: Ferrari is one of the most valuable brands in the world. Ferrari: the Italian supercar maker and F1 racing operation is worth $30-B at this writing. Unlike many of its rivals, Ferrari is a racing operation 1st and car company 2nd. Ferrari was founded as a racing team with the sale of road cars […]
$RACE The European season draws to a close this weekend with the Italian Grand Prix where Ferrari (NYSE:RACE) puts on the show. Below are the Key reasons going racing at Monza is such a popular event, as follows: Ferrari’s tifosi We mention passionate fans regularly in this section, but the tifosi could have a full […]
$RACE The 2 biggest stock market myths are “stocks that go up must come down,” and “stocks that have deep dived are due to rebound.” The truth is that some stocks deep dive never rebound, and investors are stuck trying to catch a falling knife, as the Wall Street adage goes. Other times stocks can […]
$RACE On 4 September in Milan’s Piazza Duomo come to celebrate the 90th Italian Grand Prix to be held at the Monza circuit and 90 years of The Scuderia The 2 names that have made history in the motoring world, the Automobile Club d’Italia (ACI) and Scuderia Ferrari are getting together for 2 important anniversaries. […]
$RACE Sebastian Vettel was told to move aside for his team mate, Charles Leclerc during the Belgian Grand Prix. And so when he knew a win was not on the cards, he says his focus switched to racing for the Team. Ferrari’s Charles Leclerc was very impressive throughout the Belgian Grand Prix weekend continuing that super pace […]
$RL The Italian Masterpieces class at this weekend’s Lime Rock Historic Festival 37 grew by 2, as it was announced last Monday that fashion icon Ralph Lauren will send 2 iconic Ferraris from his magnificent collection to the event that kicks off today and runs through Monday, 2 September. “Cars have always been a source of design inspiration […]
$RACE Ferrari’s (NYSE:RACE) Charles Leclerc and Sebastian Vettel will line up on the front row of the grid for the 64th Belgian Grand Prix, having dominated Qualifying Saturday at the Spa-Francorchamps track. “Come on baby!” said Charles Leclerc as took a stunning pole position for Sunday’s Belgium Grand Prix, the Monegasque a staggering 3 quarters […]
$RACE On the 1st following this Summer’s break we saw all go off smoothly for Scuderia Ferrari (NYSE:RACE), as the team got through its planned program over the course of the FP’s for the Belgian Grand Prix, the 13th round of the season. Charles Leclerc and Sebastian Vettel completed 98 laps between them over the […]
$RACE F1 is back for 2-H of the season today at the Spa-Francorchamps circuit in Belgium, which hosts the 13th round of the season Sunday. Sebastian Vettel returns to the scene of his last F1 victory in Belgium this weekend, with Ferrari (NYSE:RACE) well-placed to take the chequered flag Sunday. During the mid-Summer break Scuderia […]
$RACE F1 is back now for a run of 9 races in 14 weeks all around the globe. This racing starts at this weekend’s Belgian Grand Prix and takes the season to its conclusion in Abu Dhabi on 1 December. In that frame there is a lot to sort out; some scores to settle, recoveries […]
$RACE 2-H of the Summer season kicks off with Spa and Monza, the 2 most extreme tracks on the F1 calendar in terms of their reward for horsepower and low drag. In terms of wing choices, the teams will generally opt for their low-downforce packages at Spa, but then an even lower 1-off package for […]
$RACE On 4 September in Milan’s Piazza Duomo come to celebrate the 90th Italian Grand Prix to be held at the Monza circuit and 90 years of The Scuderia The 2 names that have made history in the motoring world, the Automobile Club d’Italia (ACI) and Scuderia Ferrari are getting together for 2 important anniversaries. […]
$TSLA Electric luxury cars and sport utility vehicles like those made by Tesla (NASDAQ:TSLA) may be 40 per cent more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said. The numbers, based on initial trends from claims data and not […]
Imagine a scene from the near-future: You get dropped off downtown by a driver-less car. You slam the door and head into your office or appointment. But then where does the autonomous vehicle go? It’s a question that cities would be wise to consider now. Self-driving cars may be on the roads within the next […]
Copart, Inc. (NASDAQ: CPRT), a global online vehicle auction company announced It’s expansion. The Memphis, Tennessee location will Copart added 35 acres to the existing 46-acre facility. To meet the needs of its buyers and sellers. This 81-acre location hosts vehicle auctions every Thursday at 12 p.m. CT. “Adding operational space to our Memphis location has provided us with further capacity to serve Tennessee.” Said Jay […]
The 2019 Pebble Beach Concours will Showcase the Innovative Style that Makes Zagato an Italian Icon One hundred years ago, in 1919, Ugo Zagato founded the coachbuilding company that continues to this day in his name — Carrozzeria Zagato. It also continues to be owned and operated by the Zagato family, and is thriving, making […]
Auctions: Friday, 16 August at 5:00p, and Saturday, 17 August at 11:00a Location: Parc du Concours, Corner of Stevenson Drive and Portola Road Viewings: Begin on Wednesday, 14 August at 10:00a and continue daily through the Auctions Admission: Cost is $40 for admission for 1 person to all Gooding auction events; $100 for catalog and admission for 2 […]
Human Horizons launches a premium all-electric smart brand. HiPhi, with the vision to change human mobility and define a new breed of vehicles. In addition, the first production-ready prototype vehicle. HiPhi 1, is revealed to the world and positioned as a premium supercar-inspired electric SUV. Which is targeted at the growing global high technology luxury […]
German cities across the country have put diesel bans in place to combat fossil fuel pollution. This prevents vehicles with diesel engines from operating on certain roadways. Since diesel trucks are necessary for carrying goods, this desperate attempt to save the environment strays close to deindustrialization. Cheap, renewable energy is needed to keep supply lines […]
In the June 2019 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note after abnormally strong March and April performances, the used vehicle market cooled slightly in May, although the month’s performance was better than historic May figures. As a result, the J.D. Power Valuation Services’ Seasonally Adjusted Used Vehicle Price […]
The French tire maker, Michelin created the “Michelin Man” mascot back in Y 1894. But its most famous global brand is the highly respected Michelin Guide which is updated each year. Originally created in Y 1900 to stimulate demand for cars and tires, the Michelin Guide provided motorists with maps, tire repair instructions, hotels and gasoline […]
Dear Friends of the Concorso, The wait was worth it and the anticipation has now been transformed into a very concrete sense of enjoyment. Today, Friday, sees the start of the Concorso d’Eleganza Villa d’Este, as one of the most exquisite events in the world featuring automobile jewels. On its 90th birthday, the beauty pageant […]
In just a few days we will be privileged to admire some 50 automobile gems in the famous park of the Grand Hotel Villa d’Este. We can be certain that our pulse will then start beating just a little faster during some of the magic moments we are going to experience, whether our excitement is […]
$RACE Ferrari Challenge Trofeo Pirelli is at the WeatherTech Raceway Laguna Seca circuit this weekend, as part of the Ferrari Racing Days The word I got this morning from the track is that several of the Maranello Outfits finest F1 racers will be at the California circuit. The modern Ferraris will be racing, as will […]
$RACE All Ferraris (NYSE:RACE) deliver a unique emotional impact. Since the very 1st models were built in the late 1940’s and early 1950’s, the Maranello Outfit’s clients have always insisted on bringing a personal touch to their sports cars. In the early days, owners had freedom of choice in terms of the fabrics, leathers, woods, […]
$RACE TAKE A LOOK INTO THE WORLD OF PASSIONE FERRARI – THE OFFICIAL PROGRAM OF EVENTS ON CIRCUIT DEDICATED TO FERRARI OWNERS AND SPORTS CAR LOVERS. Being part of Passione Ferrari (NYSE:RACE) means joining an exclusive community of passionate Ferrari enthusiasts, unlocking a series of privileges and a season of unique motor sport and lifestyle […]
$RACE FLASH: California fans of Ferrari (NYSE:RACE) in California, and beyond are excited to know that the latest Ferrari Racing Days event will take place at the WeatherTech Raceway Laguna Seca track on the weekend of 10-12 May. Ferrari Racing Days are the events the Maranello Outfit hosts for its Corse Clienti customer racing division. […]
FLASH: The EU is next, as The Trump Administration prepares tariffs on Germany’s auto industry, a 25% tariff already is in place on light trucks President Trump said trade negotiations with China were progressing and a final agreement “will probably happen,” adding that his call for tariffs to remain on Chinese imported goods for some […]
$RACE The 2019 Rolex 24 at Daytona got the Green flag Saturday, 26 January at 2:30 p EST. This year’s field of 47 cars features 4 classes: Daytona Prototype international (DPi) Le Mans Prototype 2 (LMP2) GT Le Mans (GTLM), GT Daytona (GTD). The team to watch in the 2019 Rolex 24 at Daytona may […]
$RACE,$MS Ferrari (NYSE:RACE) could produce some all-electric cars, it will not renounce its commitment to internal combustion, because racing runs on gas. Racing has always been and continues to be everything to Ferrari Traditionally, Terrari scoffed at EVs. But it is true that the iconic Italian automaker added hybrid-electric technology to its ultra expensive HyperSuperCar […]
$CARS, $IAG, $INTU, $KEY, $KMI, $NKE, $UAA Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Wednesday as follows: Cars.com Inc. (NYSE:CARS) was raised to Buy […]
$RACE Ferrari (NYSE: RACE) announced that it intends to begin a EUR 150-M/share buyback program, as the 1st tranche of a multi-year EUR 1.5-B/share buyback program expected to be completed by Y 2022. The 1st tranche will start at the beginning of January 2019 and will end no later than 27 June 2019. The program […]
The world-famous parade of the Concorso d’Eleganza held in the parkland of the Grand Hotel Villa d’Este annually epitomizes one of the magic moments of automobile culture. This event is an unforgettable experience for passionate fans and connoisseurs of the most aristocratic motor-cars. We are taking our cue from this spectacle and will be celebrating […]
$RACE The rich history of Enzo Ferrari is the Key reason we are now blessed with beautiful and unique Super and HyperSuper cars from the iconic Italian maker. Every car Ferrari has made and makes is worth taking a drive in, I have driven at least 200 of them since my 1st in 1966, the […]
The great car builder who dreamt of becoming what he became. Enzo Ferrari: Power, Politics, and the Making of an Automotive EmpireBy Luca Dal Monte, David Bull Publishing, 968 pgs The Big Q: How could a country boy come from rural Italy early in the 20th Century to become the boss of a company that […]
This 1954 Ferrari 500 Mondial Series I Spider, 1 of 12, will go to auction at Bonhams on 17 January in Scottsdale, Arizona The 500 Mondial is a very rare 1950’s Ferrari, and this example was admired by James Dean back in the day. The 1954 Ferrari 500 Mondial Series I Spider has an impressive pedigree […]
Giant German Automakers Facing 25% US Tariffs on it Cars $VLKAY, $BMWYY, $POAHY, $DDAIF European auto stocks extended losses on Tuesday after a German magazine reported that US President Donald Trump could impose tariffs on imported EU cars starting next week. Wirtschaftswoche cited “EU sources” as saying a US Department of Commerce investigation report was […]
Pebble Beach Concours d’Elegance Host the World’s Best Tour As you make your way through the sun-bleached highways and quaint towns of Monterey and Carmel on the way to your $900-a-night motel for Car Week, it is a surety that you will at some point be bound up among the flow of people crawling along […]
Tesla’s (NASDAQ:TSLA) Used EVs, the ‘Water in its Backyard’ $TSLA With more used EVs coming in, Tesla (NASDAQ:TSLA) is said to be partnering with car auction firms in an effort to sell out those used cars. According to a new report in the media, Tesla is working with Manheim and Adesa KAR to sell larger […]
Tesla (NASDAQ:TSLA) Weeks Away from Hitting 7,000-M-3s/week Production Goal $TSLA Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is pushing his factory workers in his Fremont, CA plant to consistently produce 7,000 M-3 EV sedans per week by the end of November, according to an internal e-Mail. Mr. Musk said he planned to walk the entire M-3 production line […]
Pebble Beach Concours d’Elegance Raises Record Amount for People in Need 2018 Charitable Donations Exceed $2 Million The Pebble Beach Concours d’Elegance and its charitable partners gathered to celebrate a milestone in the event’s charitable giving: the 2018 Concours raised more than $2-M for people in need. At the celebratory luncheon, Pebble Beach Company CEO Bill […]
Expect VW (OTCMKT:VLKAY) to Be the Most Profitable Maker of Electric Cars $VLKAY, $F, $GM, $TSLA Friday, Volkswagen (OTCMKT:VLKAY) CEO Herbert Diess said he expected the multi-brand car-making group to be the most profitable manufacturer of EVs (electric cars) thanks to economies of scale. Even 1st generation vehicles, which start rolling off production lines next […]
Tesla (NASDAQ:TSLA) Q-3 Earnings Follow Up Scrutiny $TSLA The Zombie Element (ZEV Credits) undermines Tesla’s Earnings Tesla (NASDAQ:TSLA) beat The Street expectations for Q-3, posting a significant profit on revenue of nearly $7-B. Recall Tesla’s only other profitable Quarter, that being Q-3 of Y 2016, analysts focused on something outside the business of selling all […]
Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet $TSLA Following Tesla (NASDAQ:TSLA) and Elon Musk has been Wild, that will not change in the foreseeable future. Last week stronger-than-expected Q-3 results relieved some of the pressure on the company and its deposed Chairman, Elon Musk, after a turbulent several months. In early August Mr. Musk smothered […]
Tesla (NADAQ:TSLA) Now Taking Deposits on a ‘Cheaper’ M-3 $TSLA Tesla is introducing a lower-priced version of its M-3 sedan. The base price will be $45,000; it will cost about $35,000 in California after federal and state tax rebates for as long as they last The company has long promised the M-3 would be a […]
Tesla (NASDAQ:TSLA) Needs $1-B+ in Cash in the Next 6 Months $TSLA Wall Street is asking: “where it it going to come from?” By the end of Y 2018 Tesla needs to come up with about $1-B to give to creditors, it does not have it. So, forget the libel lawsuits and the Twitter wars, the […]
Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits $TSLA Tesla (NASDAQ:TSLA) may have emerged from ‘production Hell”as the company met Wall Street expectations producing 80,142 vehicles in Q-3, about 50% more than its prior high set in it’s last Quarter, that according to the company. The latest numbers included 53,239 M-3s, just under the 5,000 or so cars […]
Ferrari (NYSE:RACE) Stock: Again, calling it at 200+ $RACE Target price: 210.00 Recent price: 140.19 Frame: 6 to 12 months There is significant evidence that demand for Ferrari (NYSE:RACE) Supercars far exceeds the supply. For example, a buyer cannot just walk into a Ferrari dealer buy and drive off with a brand-new car on the […]
Ferrari (NYSE:RACE) the Camilleri-era Begins $RACE Ferrari (NYSE:RACE) is set to become the latest Supercar maker to enter the crossover/SUV line-up when its FUV arrives in Y 2022. The iconic Italian automaker under the direction of CEO Louis Camilleri, also will see its product portfolio expand with electrified options coming. Between Ys 2019 and 2022, 15 […]
Ferrari (NYSE:RACE) Builds a New V6, But No New ‘Dino’ $RACE Ferrari (NYSE:RACE) will launch a new V-6 engine in its road cars for the 1st time since the days of the Ferrari-built, but not Ferrari-branded, Dino, more than 40 years ago. The engine will power multiple different models and pair with hybrid technology. Announced […]
Tesla’s (NASDAQ:TSLA) VP of Global Supply Management Ankles the Ailing EV Maker $TSLA Liam O’Connor is another 1 of a of Tesla execs to exit due to current DOJ (criminal) and SEC investigative climate. Tesla (NASDAQ:TSLA) is losing yet another executive in a string of departures going back months. This time, according to a report Thursday, […]
Ferrari’s (NYSE:RACE) Retro Monza’s SP1 and SP2 are Stunning $RACE Ferrari (NYSE:RACE) shocks purists last year with talk of a FUV, but the iconic Italian automaker has not forgotten about Supersports cars, as the 2 new Monzas showed the clienti and the automotive world Tuesday in Maranello. Unveiled as part of the company’s Capital Market’s Day […]
Huge Tariffs on Chinese Goods Ready Now US President Donald Trump has raised the stakes on the proposition that the world will line up behind the US to take on China over trade. President Trump said Friday that he is willing to slap tariffs on an additional $267-B in Chinese goods, on top of duties […]
Ferrari (NYSE:RACE), the Rumor is 3 Special Editions Are Arriving Soon $RACE Rumors are circulating now that the Ferrari 812 Superfast is getting 3 Special Edition as soon as this month, including 1 that reportedly going to make its debut sometime during next week. Details are still scant, but multiple words from Ferrari owners’ forum Ferrari Chat have confirmed […]
President Trump, “Canada Will be Out’ of Trade Deal Unless It’s ‘Fair’” Saturday, US President Donald Trump warned Canada that it “will be out” of a revised North American trade agreement unless it’s “fair” to the United States, and he threatened to scrap the current deal should Congress “interfere” with the negotiations. “There is no […]
Ferrari’s (NYSE:RACE) Stock Headed Back to Highs and Higher $RACE Ferrari(NYSE:RACE) is running North on automotive sector analyst upgrade. Wednesday HSBC’s automotive sector analyst Giulio Pescatore upgraded Ferrari from Hold to Buy and raised his price target 156/share (EUR 133.) The Big Q: Why? After initiating coverage in December 2017, Pescatore said he was “hesitant […]
Alfa Romeo 8C 2900B Best of Show at the 68th Pebble Beach Concours d’Elegance 2018 Charitable Donations Top $1.8-M After an intense competition that drew diverse cars from around the globe, the coveted Best of Show Gold Ribbon was placed on the deep blue bodywork of a 1937 Alfa Romeo 8C 2900B Touring Berlinetta at the 2018 […]
A rear-mounted flat 6 engine, with rear-wheel-drive—most people would say this describes the layout of a popular German sports car, but they’d be forgetting the Tucker. The Tucker 48 was the short-lived dream of Preston Tucker, a 1940s visionary who aimed to make “the car of the future, today.” In all, only 51 Tucker Model […]
Enzo Ferrari, the Man, His Inspirations $RACE Tuesday, 14 August 1988 marked the 30th anniversary of il Commendatore, Enzo Ferrari passed at 90 anni. Enzo Ferrari’s life touched thousands of people even after his death. When a biopic was announced, several high-profile actors began to lobby producers to play il Commendatore, including Hugh Jackman and Robert De […]
President Eisenhower celebrating his inauguration in the 1953 Cadillac. During this time, manufacturers aimed to make a car for any and every American dream, and as a new motoring ideal replaced wartime necessity with plush opulence, big-body […]
2018 CONCOURS DETAILS Sunday, August 26 | The Lodge at Pebble Beach Dawn Field opens to entrants; dawn patrol viewers are not allowed onto the field until 5:30 am 8:30 am Judging Commences 10:30 am Field officially opens to spectators 1:30 pm–5:00 pm Awards are presented The 2018 Pebble Beach Concours d’Elegance will feature the following marques and special classes among others: […]
US, Mexico Said Near a Deal in NAFTA Talks, Canada Left Out The US and Mexico are in the final stages of negotiating a deal on rules for cars sold under NAFTA The 2 sides have exchanged new proposals for the auto industry. Mexican Economy Minister Ildefonso Guajardo is scheduled to travel to Washington Thursday […]
Luca Dal Monte’s New Ferrari Biography: ‘On Enzo’s Trail’ $RACE Luca Dal Monte, 55 anni, was born and raised in Cremona, home of Stradivari, in the Lombardy region of northern Italy by the left bank of the River Po, today he lives in Milan. Ran media/press operations for Ferrari and Maserati, 2 of the most […]
Silverstone Classic Pays Tribute to 50 years of the Ferrari Daytona $RACE The spirit of America’s most famous sports car race will infiltrate the home of British Motor Sport on July 21, when the Silverstone Classic pays tribute to the Daytona 24 Hours. Silverstone is now firmly established as host of the world’s biggest historic […]
Germany in Favor of Reducing Tariffs on US Car Imports $VLKAY, $BMWYY, $DDAIF German automobile executives have proposed ending the European Union’s 10 percent tax on American-made cars. US Ambassador to Germany Richard Grenell has reportedly met with chief executives from Volkswagen, BMW and Daimler, who pitched him the idea as part of a broader […]
Ferrari (NYSE:RACE), Some Details on the New Hypercars $RACE, $F Last week we learned that Le Mans will have a new Top Class in Y 2020, with prototype design and road car looks, but the degree to which the class would balance was not unclear. Today, we have more details on how this will look […]
The Indy Revolution on the Lawn at Pebble Beach The Indy Revolution heads to the 18th Fairway of Pebble Beach Golf Links this August Front-engine Roadsters and Rear-engine Racecars to Compete at the 2018 Pebble Beach Concours d’Elegance It was the early 1960’s, a time of change, and at thethe Indianapolis Motor Speedway aka The Brickyard, the […]
Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life $TSLA Tesla’s (NASDAQ:TSLA) Elon Musk opened the company’s annual shareholder meeting Tuesday emotionally on the verge of tears as he said he builds its EVs with care and affection that other automakers cannot match, adding that the company’s decent into ‘production Hell’ has been hard on him […]
Ferrari (NYSE:RACE) to Fit its Electric Power Trains in Maserati’s Alfieri $RACE, $FCAU, $TSLA Maserati’s flagship sports car, the Alfieri, will go electric, offering hybrid, plug-in hybrid and full-electric versions Fiat-Chrysler (NYSE:FCAU) said its 5-year plan Friday. The Italian luxury brand also outlined plans to launch a midsize SUV, all-new versions of the Quattroporte and Levante, and said it intends to electrify […]
Fiat-Chrysler (NYSE:FCAU) 5-Year Plan Due Friday $FCAU, $RACE Fiat Chrysler (NYSE:FCAU) boss Sergio Marchionne, 65 anni, is expected to outline new plans for electric and hybrid cars in a strategy presentation Friday, 1 June, aiming to ensure the world’s 7th-largest carmaker remains the Top performer in the worldwide automotive sector behind Ferrari (NYSE:RACE) Mr. Marchionne […]
CONCORSO D’ELEGANZA VILLA D’ESTE THE MOST SIGNIFICANT OF EVENTS CELEBRATING THE MYSTIQUE OF HISTORIC CARS. The Grand Hotel Villa d’Este is one of the world’s most iconic hotels and is located on the shores of Lake Como. The grounds and parkland offer guests and visitors the opportunity to admire some 50 historic cars built between […]
Production ‘Hell’ Continues at Tesla (NASDAQ:TSLA) Factory to Shut for Fixes $TSLA Tesla Inc. (NASDAQ:TSLA) will halt production at its California factory for 6 days at the end of the May to work on fixes to its assembly line for its new M-3 sedan. The fledgling California EV maker previously warned of 10 days of […]
Ferrari (NYSE:RACE) Racing Days at Spa-Francorchamps $RACE Ferrari (NYSE:RACE) Racing Days at Spa-Francorchamps, the main European Corse Clienti event of Y 2018 kick-off with the 1st tests in the Challenge Wednesday and the opening of the F1 Clienti and XX Programmes sessions on Friday. The Ardenne track, for years the home of the Belgian F1 […]
American Consumers are Borrowing More Americans increased their borrowing by $11.6-B in March as a big increase in the category that covers auto and student loans offset the largest monthly drop in credit card borrowing in more than five years. The Federal Reserve says the March increase in total debt was below the $13.6-B increase in February […]
Tesla’s (NASDAQ:TSLA) Elon Musk, “an interesting man” $TSLA, $RACE, $GM, $F, $VLKAY Saturday, a Seattle fund manager noted that Elon Musk is “possibly the most interesting man in the world,” in a post on his firm’s website He did not refer to Wednesday’s conference call Mr. Musk held on the controversial financial travails of the […]
Ferrari (NYSE:RACE) Showed Off in Pasadena California $RACE Concorso Ferrari in Old Town Pasadena, California Sunday, showed the mighty V12s, a Boxer 12, and lots V8-powered example for its 11th annual even, and it is always Free! The super even is put on by the Ferrari Club of America’s Southwest Region and is now in its […]
Parc Fermé, Dubai’s Supercar Storage Facility Parc Fermé is a 1-stop automotive hotel and spa for car lovers in the region Inside an industrial area in Dubai lies a nondescript warehouse. Actually, it’s a series of internally linked warehouses but the facade is as bland and grey as the multitude of identical bland and […]
Volkswagen (OTCMKT:VLKAY) Restructures its C-Suite and Brand Management $VLKAY Germany’s giant automaker Volkswagen (OTCMKT:VLKAY) is replacing CEO Matthias Mueller with core brand Boss Herbert Diess and announcing a new management structure the company said would enable faster decision-making as autonomous and EVs (electric cars) transform the industry. The company said in its statement Thursday that […]
Pebble Beach Concours d’Elegance 2018 Preview We hope you join us in congratulating the cars that have been selected to appear at the 2018 Pebble Beach Concours d’Elegance! Entry applications have been vetted, and formal acceptance letters have now been mailed. In the coming weeks and months you will learn more about the special cars […]
Tesla(NASDAQ:TSLA) Does Not Know How to Make Cars $TSLA, $GM, $TM, $VLKAY, $RACE Tesla (NASDAQ:TSLA) weekly spins the market an amazing string of hyperbole from the smirking mouth and rolled up eyes of CEO Elon Musk, from ankling C-suite executives and disgruntled factory workers. And that friends is great for Tesla’s legion of scalping day traders in […]
Ferrari (NYSE:RACE) is What You Have When You Have the Money $RACE Race track events are regular happenings for performance car manufacturers, and many of them offer racing car services for clients, and others host hospitality days and racing for their clients and club members at big circuits, upping the level of service and brand […]
Ultra-Rich Investing in Horses, Cars, Cannabis, and Cryptocurrencies $BTCUSD $CME, $CBOE The world’s wealthiest investors are looking to expand their holdings in volatile digital coins, despite a mismatch in the group’s knowledge surrounding the asset class. The latest annual Wealth Report survey by Knight Frank indicated that 21% of wealth advisers and private bankers said their clients increased investments in cryptocurrencies in Y 2017, […]
Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever $TSLA, $GM, $F Wednesday, Tesla Inc. (NASDAQ:TSLA) said it has revised production targets for its Model 3 electric sedan, posting its worst-ever Quarterly loss, and warned that its spending would increase this year. Money-losing Tesla’s long-term ability to survive depends on annually selling billions of dollars […]
Tesla (NASADQ:TSLA) Investors Searching for Returns Ignore Risk, Buy Bonds $TSLA Tesla Inc. (NASDAQ:TSLA) sold $546-M of auto lease-backed bonds Thursday. The debt deal allowed Tesla to pare the risk premiums it must pay on the notes. They were sold to yield between 2.3 and 5%. Investors had at the initial offered prices put in […]
Concorso d’Eleganza Villa d’Este 2018 The preparations for the Concorso d’Eleganza Villa d’Este are well advanced, and the motto for this year’s event on the shores of Lake Como is “Hollywood on the Lake”. Let’s have a fascinating look at the past. Many winning automobiles from years gone by were eminently equipped for film stardom. […]
Ferrari (NYSE:RACE) Earning’s ‘Whisper’ Numbers $RACE Ferrari (NYSE:RACE) is set to report Q-4 and F-Y 2017 results on 1 February. Notably, in Q-3 Y 2017, the company delivered a positive surprise of 20.8%. The Maranello out has surpassed analysts estimates in each of the trailing 4 Quarters, with an average beat of 27.6%. Over the […]
Risi Competizione Ferrari’s after 6 hours $RACE Risi Competizione Ferrari 488 GTLM No. 62: Toni Vilander (FIN) […]
Tesla (NASDAQ:TSLA)Awards Musk $2.6-B for Failing to Make Cars $TSLA Tesla Inc. (NASDAQ:TSLA) granted it hypemeister founder a $2.6-B award, the largest-ever of its kind, underscoring the company’s outsize ambitions and how intimately connected its future success is to Elon Musk. If fully vested over the next 10 yrs, stock options would net him as […]
This is a Strong Start for The Trump Economy Beginning last Spring, US GDP has averaged about 3%, that is much stronger than either during the Bush (43) or Hussein Obama (45) Presidencies. This Winter, consumers are likely to pull back some and pay off credit-card balances accumulated during the holiday shopping season. Then, with […]
Ferrari (NYSE:RACE) Race Cars at Autosport International $RACE Ferrari’s (NYSE:RACE) is a racing team as much as it is an automaker, hence The Scuderia. And it displayed its line up of competition models at the world’s preeminent racing-car show in the UK leaving its road cars behind at the factory in Maranello. The Scuderia arrived at […]
