Ferrari NV
There are no American F1 drivers. McLaren CEO Zak Brown has a theory about that
Formula One is revving up for the Singapore Grand Prix this weekend with a stunning cast of racers, but none of them are from the United States — and McLaren’s CEO Zak Brown has a theory about that. “The talents are there, the resources are there. It’s really about when and where they get started […]
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Porsche shares rise in Frankfurt industry debut
The Porsche IPO is established to be one particular of the greatest in European record. Thomas Kienzle | AFP | Getty Visuals Porsche shares edged increased in their stock market debut Thursday, in what is staying billed as a single of the largest community offerings in Europe at any time. Shares of the iconic sporting […]
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Convertibles drive into the sunset as automakers invest in electric vehicles
2024 Ford Mustang Source: Ford Convertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport utility vehicles. Sales of traditional drop-tops such as the Chevrolet Camaro and Ford Mustang, as well as roadsters such as the […]
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Volkswagen shares up marginally on Porsche’s 70-75 billion euro valuation
A Porsche AG Taycan Turbo S electrical auto at the luxury automaker’s improvement middle in Weissach, Germany, on June 21, 2021. Andreas Gebert | Bloomberg | Getty Photographs Volkswagen shares rose marginally on Monday immediately after the carmaker said it was concentrating on a valuation of up to 75 billion euros ($74.84 billion) for sportscar model […]
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Ferrari just revealed its first-ever 4-door sports car, a high-riding and powerful coupe called the Purosangue
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 Purosangue – which means “thoroughbred” […]
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Below are Morgan Stanley’s preferred shares for the subsequent 12 months
If you might be seeking for shares to invest in and keep about the upcoming yr, Morgan Stanley has compiled their list of favorites. The bank’s “vintage values” checklist is compiled of names, mainly mid- to big-caps, that Morgan Stanley Investigate thinks are poised to recognize outstanding threat-altered returns more than the upcoming 12 months. […]
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Molson Coors stock falls as company cites split in consumer spending on beer
A bottle of Molson Coors Brewing Co. Blue Moon brand beer Tiffany Hagler-Geard | Bloomberg | Getty Images Molson Coors Beverage is seeing a split emerge among its customers as inflation hits their wallets: Some beer drinkers are trading down, while others are still shelling out for pricier six-packs. Shares of the beverage company closed […]
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Ferrari boosts full-year guidance after a record second quarter
The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images Ferrari raised its guidance for 2022 after reporting record results for the second quarter amid unprecedented demand for its high-priced sports and grand touring cars. The Italian supercar maker has been largely immune from […]
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Ford stock notches its best month since the Great Recession – and keeps rising
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the automaker this year. Shares of the Detroit automaker closed Monday at $15.34, up 4.4%. The gains added to the stock increasing by 31.9% in July […]
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Ferrari CEO shrugs off concerns about EV performance
A Ferrari photographed in Switzerland on March 2, 2015. The Italian company plans to launch a fully electric vehicle in 2025. Harold Cunningham | Getty Images News | Getty Images The CEO of Ferrari on Tuesday moved to allay fears the firm’s upcoming electric offering will compromise on performance, telling CNBC the luxury carmaker had […]
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