Celebrity Life
Porsche 2018 Sales: Record Year in U.S.
It is time for a celebration in Atlanta. But instead of 400 cases of Coors, we suppose Porsche North America is having Hefeweizen und Strudel. That’s because Porsche’s 2018 sales figures point to another record-year for the automaker. Their latest press release shows model-year 2018 saw a 3.2% sales increase. A total of 57,202 deliveries […]
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McLaren 2018 Sales: More Cars Sold Than Ever Before
McLaren has been getting hotter and hotter with each year, and 2018 was their hottest year yet. The McLaren 2018 sales numbers have been announced, and they report that they’ve sold 4,806 cars in 2018. For comparison’s sake, that’s a 43.9% increase over 2017’s sales (3,340 cars). This news of a record-breaking year was expected, […]
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McLaren Opens Up New $65 Million Carbon Fiber Center
McLaren Automotive has opened up their second-ever production facility, called the McLaren Composites Technology Center (MCTC), in Yorkshire, England. The opening ceremony was led by TRH The Duke and Duchess of Cambridge and HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince of the Kingdom of Bahrain. This new facility cost £50 million, which equates […]
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Arc, Maker of High-End Electric Motorcycles, Gets Jaguar Land Rover Investment
Arc, a UK-based company, unveiled their first production electric motorcycle at the EICMA 2018. Called the Vector, this electric motorcycle has a carbon fiber monocoque with 120 miles of range on the highway and 200 miles of range with urban use. Arc also note that the bike can be charged in 45 minutes at a […]
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Porsche Hires Big to Make the Taycan Happen
Coming soon from Germany is the Porsche Taycan, an all-new electric model that’s set to make waves in the luxury automotive market. To make the car happen, Porsche has had to make some big moves. For instance, the introduction of the new model has created 1,200 in Zuffenhausen at the main plant. “The Taycan is one of […]
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Elon Musk Fined $20 Million, Resigns as Tesla Chairman
If you intend on manipulating the Stock Market, Twitter seems to be filled with Zealous quotes from famous people. We can only surmise that Elon Musk’s trials & tribulations over the Tesla Model 3 provoked his anger at the free market. In a tweet back on August 7th, he hinted at buying back Tesla stock. Check […]
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Aston Martin Seeking Multi-Billion IPO Value
Aston Martin is heading to the stock market with their first initial public offering (IPO) in October and is seeking a value of 5.1 billion pounds ($6.7 billion USD). In this IPO, Aston Martin will be selling about 25 percent of their stock and they’re already off to a great start. According to Reuters, a […]
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Ferrari is Planning 15 new Models by 2022
With the untimely passing of CEO Sergio Marchionne, Ferrari’s shareholders have been curious about future plans. The wait is over because Reuters is reporting from the FCA meeting in Maranello. Chairman John Elkann laid out the framework of the plan yesterday. Sergio had set a goal of $2 Billion in core earnings, but John says […]
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Aston Martin Is Aiming For Gender Equality
Car companies have a history of being a male-dominated business. Ladies have long been relegated to assistants and brand ambassadors, which las led to narrow-minded decisions by the top brass. GM has cut a ton of debt and become much more profitable with Mary Barra at the helm, so Aston Martin is looking for a […]
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Mercedes Delivers Over 1.35 Million Cars in 2018 so Far
Mercedes-Benz is on a complete roll in 2018, having delivered a record amount of cars across the world. They have recently announced that their sales in the first seven months of 2018 are up 2.4%, which is a brand-new record. The total amount of passenger cars that were delivered hit 1,356,350 examples so far this […]
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Why Ferrari is Immune to Trade Wars
One of the best financial moves in automotive history was Ferrari’s IPO. This move was headed up by the late Ferrari CEO Sergio Marchionne, who passed away just two days ago. Even though he’s gone, the plans he laid out for Fiat-Chrysler and Ferrari, and the moves he made will be taught in universities for years […]
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Sergio Marchionne Leaves Ferrari and FCA as CEO
Sergio Marchionne, during his recovery from a recent surgery, has had unexpected health complications arise. Due to this, he has stepped down as CEO of Fiat Chrysler Automobiles NV (FCA). This also means that he’s stepping down as Chairman and CEO of Ferrari. Replacements for his position have already been announced. For FCA, Mike Manley will […]
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