No less than 11 vehicles were damaged and destroyed by a fire in the parking lot of the Hard Rock Stadium in Miami Gardens, Florida after a tailgate party went horribly wrong. As fans got ready for the Dolphins v Patriots game, one attendee fired up a grill for a tailgate party but forgot to
Month: September 2022
Getty Images German car making giant Volkswagen (VW) has said it is aiming for a valuation of up to €75bn ($75bn; £65.8bn) for Porsche when the luxury brand is floated on the stock market. Trading in the shares is due to start in Frankfurt on 29 September. A prospectus will be published on Monday, after
DETROIT — Carlos Tavares saw frugality on display at the first Detroit auto show in more than three years, but he doesn’t view that as a negative. Automakers, the Stellantis CEO said, are doing what they can to get the best return on their investments. He thinks the savings from a toned-down atmosphere could result
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Volkswagen Group plans to list its Porsche luxury sports-car business on the stock market listing in late September or early October Here are key facts about the structure of the listing: Share capital Porsche’s share capital is being split in two: 455.5 million ordinary shares and the same number of preferred shares, totalling 911 million
More than 1,000 Ford Mustangs from every era were on hand for last week’s reveal of the seventh-generation pony car. Ford Motor Co. summoned Mustang owners from around the U.S. to Detroit to take part in the event. Some came from as far as Tacoma, Wash., with cars joining the procession along a nine-state, cross-country
The Porsche 911 Carrera RS 2.7 set the template for modern 911 track cars, so to celebrate its 50th anniversary this year, Porsche gathered World Rally champion Walter Röhrl, 24 Hours of Le Mans winner Timo Bernhard, and a selection of classic 911s to recount the history of the Carrera RS 2.7 and its successors.
Sep 10, 2022 Haas’ Kevin Magnussen and Mick Schumacher have joined the list of drivers with a grid penalty at the Italian Grand Prix, which now stands at nine. Magnussen and Schumacher will both drop 15 places from wherever they qualify after Haas made changes to the engine components in both cars. 1 Related Formula
Buried deep inside the owner’s manual of some cars is a line that reads “maintenance service and record retention are the owner’s responsibility.” And in the case of one 2015 Hyundai Genesis, the manufacturer really meant it. Rebecca Walker, the owner of the Genesis in question, found that out to her cost, when, in late
DETROIT —Of all the electric vehicles showcased at the Detroit auto show, only one can fully charge in 60 minutes, reach a speed of 155 mph and climb to a height of 12,000 feet. That distinction belongs to the Air One prototype, a two-seat electric vertical takeoff and landing aircraft brought to the Motor City
As electric cars continue to grow in popularity, purchase costs are beginning to become more on par with ICE vehicles – especially in Europe, where gas cars are becoming increasingly penalized. In some cases, electric cars are significantly cheaper than their ICE alternatives. A Porsche Taycan, for example, costs roughly half as much as a
In this article 7203.T-JP 2020 Toyota Prius Toyota Roughly two decades ago, Toyota Motor became the preferred carmaker of U.S. environmentalists and eco-conscious consumers with its Prius hybrid, an “electrified” vehicle that was among the cleanest and most fuel-efficient vehicles ever produced. Amid rising gas prices, demand for the vehicle grew and inspired other automakers
By Simon Alvarez Posted on September 17, 2022 It seems that a Lexus dealership in New Zealand thinks that Teslas are pretty safe vehicles — so much so that the luxury carmaker used a photo of a Model 3 in its own social media campaign. The whole thing is likely an accident, but it is
Porsche’s leadership set-up and the limited influence for stock market investors after its IPO are prompting some fund managers — particularly those focused on governance issues — to think twice about whether to invest in the listing. Volkswagen Group has said it will list its Porsche sports car brand this month or early next month.
Sep 13, 2022 Lewis Hamilton fears he might have the first winless season of his Formula One career because he thinks Max Verstappen and Red Bull are “almost unbeatable”. Seven-time world champion Hamilton has won at least one race in every season stretching back to his rookie year, 2007. Mercedes has crept closer to the
Police in Four Oaks, North Carolina have arrested two individuals for leading them on a chase that reached 150 mph (241 km/h). Local media reports that the 2022 Dodge Charger was stolen from the Hendrick’s Dodge dealership in Cary at approximately 11 p.m. on Sunday night. It was a high-performance Scat Pack model. The chase
A manufacturing error led to a recall of Mercedes-Benz vehicles, according to NHTSA. The rear door window trim bars may detach in several 2020-22 GLE and GLS models, including AMG and Maybach variants. An estimate in a Sept. 12 statement indicates about 161,000 vehicles are affected. Dealers will inspect and fix the trim bars for
In this article RACE Ferrari Purosangue Source: Ferrari Ferrari on Tuesday revealed its new Purosangue, the 75-year-old sports car maker’s first-ever four-door production vehicle. The Purosangue looks like an SUV, akin to other luxury sports SUVs from brands like Porsche and Maserati. But despite its size, shape and higher stance, the company insists that the
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