Industry

 
2019 Ferrari Portofino

Ferrari makes $80K profit per car; reportedly beats entire industry

Ferrari hears the sweet ring of the cash register with every new car sold. The Italian company banks a profit of $80,000 per car sold and tops the industry, per a study from German economics professor Ferdinand Dudenhoffer. Motor1 translated the study's findings to show Ferrari's well-off margins... read more

August 9, 2018 by
 
Ford EksoVest to reduce worker fatigue and lessen injury

Ford fitting line workers with bionics to help build cars

Ford is channeling the $6 Million Man for its latest technological achievement. After partnering with Ekso Bionics, Ford now offers the EksoVest for employees to reduce... read more August 7, 2018 by


 
Nissan Leaf battery

Nissan sells EV battery business

Nissan confirmed Friday that its electric car battery manufacturing division will be sold to Envision Group, a Chinese energy company specializing in renewables and energy... read more August 6, 2018 by


 
Gordon Murray Automotive's First IGM car

After sports car, Gordon Murray's car company will develop sedans and trucks

Gordon Murray will perhaps forever be known as the designing force behind the McLaren F1. But, he's even more thrilled to be working on a new sports car with F1 inspiration... read more August 3, 2018 by


 
Hagerty Classic Cars

$4.5M classic car fraud scheme shut down by FBI

As classic cars become more than just aspirational items and more investment pieces, buyers should always stay vigilant. Today, it's easy for criminals to scam would-be... read more August 2, 2018 by


 
Ferrari 488 Pista

New Ferrari CEO says Marchionne's targets were “aspirational”

Ferrari shares dropped 11 percent on Wednesday after new CEO Louis Camilleri told analysts in a conference call that profit targets previously announced by his predecessor... read more August 2, 2018 by


 
Cosworth corporate logo

How Cosworth uses race data to develop self-driving tech

Cosworth isn't best known for its self-driving car technology, but that could very well change one day. The legendary maker of Formula 1 and other high-performance engines... read more August 2, 2018 by


 
Ferrari factory in Maranello, Italy

Ferrari improves painting process

Always looking for ways to improve its production process, Ferrari has a new paint that reduces energy consumption at its plant and improves the resistance of the painted... read more August 1, 2018 by


 
2018 BMW 5-Series

BMW drops price of car subscription in battle with rivals

Car subscriptions are uncharted territory for major automakers, especially as it remains unclear how much partakers will be willing to spend for the ability to swap in and... read more August 1, 2018 by


 
Sergio Marchionne

FCA didn't have prior knowledge of Marchionne's illness

Sergio Marchionne's resignation from the top post at Fiat Chrysler Automobiles on July 21 due to health reasons and his subsequent death four days later came as a shock to... read more July 30, 2018 by


 
2018 Genesis G80 Sport

Genesis overtakes Porsche in 2018 JD Power APEAL study

Following a one-two-three finish from Genesis, Hyundai, and Kia in the 2018 J.D. Power Initial Quality Study, Genesis has struck again. The Korean luxury brand was measured... read more July 29, 2018 by


 
Waymo self-driving car

Waymo's latest trial shows how companies can use self-driving cars to improve services

Self-driving cars are most commonly linked with the taxi industry but this is just one area where they could potentially operate. Waymo is now expanding its trial of... read more July 26, 2018 by


 
2018 Land Rover Range Rover

Land Rover Road Rover? British brand moves to trademark name

Could Land Rover have a radical new model in the works? A new trademark filing has fueled speculation that the SUV-centric brand could bring a more road-biased model to... read more July 25, 2018 by


 
Ford Michigan Central Station renderings

Ford Autonomous Vehicles is Blue Oval's new unit for self-driving cars

Future self-driving cars and associated engineering will have a home inside Ford Autonomous Vehicles LLC. The Dearborn, Michigan-based automaker announced the new... read more July 25, 2018 by


 
2019 Dodge Challenger SRT Hellcat Widebody

The cars that Sergio Marchionne left us: the good, the bad, and the "unfit"

Sergio Marchionne's death Wednesday left a hole in the automotive industry that may last for decades. The plainspoken, sweatered CEO of Fiat Chrysler Automobiles pulled few... read more July 25, 2018 by


 
Sergio Marchionne

Sergio Marchionne dies following complications with surgery

Former Fiat Chrysler Automobiles CEO and Ferrari Chairman and CEO Sergio Marchionne has succumbed to the complications that arose following recent shoulder surgery at a... read more July 25, 2018 by


 
 

 
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