Archive for the ‘Ferrari’ Category

FCA Planning to Plug In

After slow start, automaker reveals big plans for electrification.

by on Jun.01, 2018

The production version of this Maserati Alfieri concept will use an electrified drivetrain to launch from 0 to 60 in barely 2 seconds.

Sergio Marchionne isn’t much of a fan of battery power, or at least he hasn’t been until recently. When Fiat Chrysler Automobiles launched its first all-electric model, five years ago, the CEO actually urged motorists not to buy it, admitting FCA lost about $25,000 on every one of them.

But at the automaker’s “Capital Day,” in Milan on Friday, Marchionne and his management team were far more upbeat, announcing plans to add dozens of electrified vehicles – everything from mild hybrids to pure battery-electric vehicles – into the FCA line-up over the next give years.

Electrifying!

The economics still aren’t great, noted Mark Chernoby, the automaker’s head of technology compliance, but in an era of increasingly stringent emissions and mileage regulations, it’s the only real day to meet targets being set in markets as diverse as the U.S., Europe, China and Brazil. That’s all the more so as FCA continues to migrate from traditional sedans and coupes to the less efficient SUVs and CUVs that will overwhelmingly dominate its global line-up.

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More Products, More Volume, Bigger Margins: FCA Lays Out Aggressive, 5-Year Growth Plan

Morning presentation outlines plans for Jeep, Ram, Maserati and Alfa Romeo brands.

by on Jun.01, 2018

The Ram TRX will be among the new models FCA will bring out over the coming five years.

(This story has been revised to update plans for Jeep’s pickup and a midsize pickup from Ram that, CEO Marchionne now says will come to the U.S. market.)

In a sweeping presentation designed to give analysts, investors, media and potential buyers a good look at its future, Fiat Chrysler Automobiles executives are spending a day detailing their plans for the company and its various brands.

At the midway mark, as they break for lunch, they’ve already lifted the kimono far enough to show what’s coming for the Jeep, Ram, Maserati and Alfa Romeo brands and, in a nutshell, it can be summed up as more products targeting lots more volume and much bigger margins.

Breaking News!

The new five-year plan will be the last crafted under the guidance of Sergio Marchionne, the 65-year-old executive who helped pull off the pairing of two struggling manufacturers to form Fiat Chrysler Automobiles. His third five-year plan, Marchionne stressed that “The true finish line is the one always yet to come.”

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Audi Out: Follows Growing Group of Automakers Abandoning Detroit Auto Show

NAIAS still studying possible date change to revive flagging fortunes.

by on May.11, 2018

Audi has traditionally used the NAIAS for major intros, like the Q8 Concept it debuted in 2017.

Already hit by key defections, the organizers of the North American International Auto Show in Detroit learned Thursday that Audi will also be a no-show in January 2019 – though the luxury arm of Volkswagen Group said it will “continue to evaluate” a return at a later date.

A once-regional event, the NAIAS became the most significant auto show in the U.S., and one of the world’s most widely watched, when it added the “International” designation in 1989. At its peak around the start of the new millennium, Detroit could count on virtually every manufacturer to participate, with some years seeing more than 70 new cars, trucks, concepts and crossovers debut.

Breaking News!

As the industry plunged into recession, things began to change. Some manufacturers, such as Nissan, pulled out temporarily, but others decided to abandon the Motor City event entirely. That included some of the most exclusive marques, like Ferrari, as well as mainstream and luxury brands like Mazda, which was a hold out this past January. Volvo had no corporate presence, though its local dealers did roll a few vehicles into Detroit’s Cobo Hall convention center. Now, it seems, the exodus is turning into a rout. Audi follows Mercedes-Benz, BMW and Porsche in planning to stay home next January. (more…)

Pass the Bubbly? Rolls-Royce Cullinan Promises a Luxury Ride Even on the Roughest Trails

British marque officially introduces its first off-roader since the days of Lawrence of Arabia.

by on May.10, 2018

The slogan for the new Rolls-Royce Cullinan hints at its capabilities: "Effortless, Everywhere."

Don’t call it an SUV. Rolls-Royce prefers to refer to its all-new Cullinan as “an all-terrain, high-bodied car that makes the idea of authentic, luxury off-road travel a reality for the first time.”

Whether you stick with SUV, borrow “Sport Activity Vehicle from Rolls’ parent BMW, or find some other, more elegant term, the Cullinan really does appear to live up to its promise of delivering go-anywhere drivability, even as the folks luxuriating in the back can sip on champagne chilled to the perfect temperature by a built-in refrigerator.

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“Our customers expect to go everywhere in luxury, effortlessly and without compromise,” said Torsten Muller-Otvos, the CEO of Rolls-Royce Motor Cars. “The super-luxury lifestyle is evolving (and) luxury is no longer an urban concept. More and more it is about embracing and experiencing the wider world.”

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It’s Official: Rolls-Royce SUV Will be Named Cullinan

A diamond in the rough?

by on Feb.13, 2018

Project Cullinan is about to make its debut as the Rolls-Royce Cullinan.

Surprise: Rolls-Royce plans to call its first-ever SUV the Cullinan. Oh, wait, you already knew? Well, the reality is that folks inside the British maker have been referring to the ultra-luxurious  ute for some time as “Project Cullinan,” but the company only now is making that the official choice for the production model.

So, with a little less than shock value to the name, Rolls has also released an assortment of pictures of what it prefers to call a “high-bodied vehicle.”  And, if you’re wondering, it’s an appropriate moniker for something targeting the world’s most affluent motorists, making reference to the largest diamond ever discovered.

Product News!

“The name Cullinan has been hiding in plain sight since we revealed it as the project name some years ago,” explained Torsten Müller-Ötvös, Chief Executive Officer of Rolls-Royce. “It is the most fitting name for our extraordinary new product. Just like the Cullinan Diamond, the largest flawless diamond ever found, it emerges when it is perfect and exists above all others.”

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Ferrari Will Ride Hybrid, SUV Sales to Debt-Free Status

Marchionne says new vehicle sales will make company debt-free a year early.

by on Feb.02, 2018

Ferrari CEO Sergio Marchionne said the company will be debt-free sooner than expected.

What Oprah Winfrey is the giving away free cars, Sergio Marchionne is to promising to make automakers debt-free!

Marchionne told investors in a conference call today that the Italian sportscar maker will be debt-free a year earlier than he predicted, while pushing earnings to $2.5 billion by 2022. The sweater-wearing leader told FCA investors that the company would be debt-free by the end of the year.

The Last Word!

He believed that the increased production levels and coming products, especially hybrids, EVs and the sport-utility vehicle will drive the increase in earnings. (more…)

McLaren Captures Most Beautiful Car Award for 2017

Company's 720S beats out entries from Aston, Ferrari and Porsche.

by on Feb.01, 2018

The 720S boasts a name that matches its horsepower: 720. It comes from a 4.0-liter twin-turbo V8.

The McLaren 720S was named “The Most Beautiful Supercar of the Year 2017” at the Festival Automobile International Awards in Paris.

The award was given by a jury of 17 members from a diverse range of industries, who named the 720S the Most Beautiful Supercar of the Year 2017 against fierce competition from Aston Martin’s V8 Vantage, Ferrari’s Portofino and the Porsche Panamera.

News You Can Trust!

“The 720S being awarded the Most Beautiful Supercar of the Year is another great achievement and honor for everyone at McLaren Automotive,” said David Gilbert, McLaren’s managing director for Europe. (more…)

Marchionne Confirms Plan for Ferrari SUV, Hints at Battery Supercar

“Ferrari Utility Vehicle” will be world’s fastest, promises CEO.

by on Jan.17, 2018

Sergio Marchionne said Ferrari will produce a sport-utility vehicle, like competitors Lamborghini, Porsche and others.

There are SUVs, CUVs and, soon, there will be an FUV. And before you try to guess what that means, Sergio Marchionne calls it the Ferrari Utility Vehicle – though considering the disdain some of the brand’s gold chained owners often display, you might come up with a different interpretation.

Rumors of a Ferrari sport-utility vehicle have been circulating for some time, and after dropping some earlier hints, Marchionne made it absolutely official during a series of appearances and conversations at the North American International Auto Show this week.

Stay Plugged In!

The executive, who heads both Fiat Chrysler Automobiles and the Ferrari brand it spun off two years ago, suggested that we could see the new hyper-ute by sometime next year or into 2020, emphasizing his intent for it to be the world’s fastest utility vehicle. (more…)

Buh-Bye Camry; Pickups, SUVs Now Own Top Sales Spots

Toyota's mainstay sedan didn't even crack the Top 5.

by on Jan.05, 2018

Despite giving the Camry a stylish makeover the sedan continued to lose momentum last year.

If anyone still questions the way light trucks have come to dominate the U.S. automotive market you only need look at the 2017 sales charts to see how passenger cars are on virtual life support these days.

Perhaps the most significant development finds that the Toyota RAV4 last year outsold the Camry for the first time ever. And so did the Nissan Rogue.

The Last Word!

The overall numbers for 2017 weren’t good, the U.S. market posting its first decline since the end of the Great Recession. And demand likely would have dipped more than the modest 5% if it weren’t for the strong, late-year surge as motorists in Florida and Texas raced to replace vehicles destroyed during the summer’s devastating hurricanes.

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Lottery Winner? Here’s a Few Options for That Cash

Bring a big checkbook and be prepared for speed, speed and more speed.

by on Jan.03, 2018

With some lottery winnings, this could be an early purchase on a spending spree of millions of dollars.

With lottery winnings possibility encroaching upon a $1 billion, players often wonder aloud what they might spend their winnings on, if they should manage to pick the correct six numbers.

Fortunately, there are plenty of options in the automotive world. Though a completely tricked out Ford Mustang or Bentley Bentayga – more likely, the new Volvo V90 in the case of one ticket-holding automotive scribe – might top the list, there are even bigger items.

An Award Winning News Source!

If one holds a ticket worth nearly half a million dollars, adding an additional set of zeroes before the decimal point is certainly within a winners newly expanded budget. (more…)