Columbus, OH

Stellantis CEO Carlos Tavares has never been one to shy away from candid and sometimes uncomfortable statements about the company’s market position. And his response to the company’s latest earnings report – in which it saw a net profit plunge of 48% – is no exception.

Stellantis May Kill Money-Losing Vehicle Brands

Michigan State

Penske Automotive Group has just purchased Michigan’s Bill Brown Ford in Michigan, which sells more Ford-badged automobiles than any other retailer in the world. This is the second Ford dealership purchased by the company this year. Penske had previously bought Don Allen Auto Service Inc. in Massachusetts. Thus far,...

Penske Automotive Buys Largest Ford Dealer Network By Sales

Maserati's profitability is taking a hit, with an €82 million loss in the first half of the year. Speculation suggests Maserati may be the first to be axed from Stellantis' portfolio, amid financial struggles. Production delays and financial issues have caused Maserati to delay new vehicle development and rework...

Maserati Could Be Axed From Stellantis For Struggling Sales

Over the years, Recaro seats have been utilized in a host of performance-focused Blue Oval models, including the Fiesta ST, Focus ST, and more recently, as an option on the S650 Ford Mustang GT Premium and Dark Horse – not to mention models from countless other manufacturers. However, it seems as if Recaro has gotten itself into a bit of a financial pickle in recent times.

S650 Ford Mustang Seat Supplier Recaro Declares Bankruptcy

Even if an automaker survives bankruptcy proceedings, the restructured entity may no longer support the vehicles it previously produced. Owners of the Fisker Ocean could find themselves in this predicament, but they are banding together to defend their interests and fix the troubled electric crossover’s problems. Suggested Reading. Fisker...

Fisker Ocean owners are DIY-ing fixes amid automaker's bankruptcy

Porsche production manager Albrecht Reimold tells Automobilewoche that the 718 lineup, comprised of the Boxster and Cayman, will end production in 2025. Porsche has already been forced to retire the 718 twins in Europe due to more stringent cybersecurity regulations (and the Macan along with it). More stringent emissions requirements across the pond would have done the pair in at some point as it is. The 718’s electric replacement is underway, and while Reimold didn’t share further details on the upcoming models, it’s hard to imagine Porsche will leave much of a gap between the end of 718 production and the next model’s introduction.

Porsche Kills Its Best Car

MotorBiscuit


See how the Ford Bronco handled accruing 40,000 miles. There are a few complaints you need to consider. 
The post The Biggest Ford Bronco Problems After 40,000 Miles appeared first on MotorBiscuit.

The Biggest Ford Bronco Problems After 40,000 Miles

Elon Musk has confirmed that Tesla would be focusing on the next-generation Roadster as the company’s dedicated flagship halo car. The Tesla Model S Plaid Plus, which was canceled before the Model S Plaid’s unveiling event in 2021, will remain canceled. Musk’s comment was posted on social media...

Tesla Roadster to fill the void left by canceled Model S Plaid Plus: Musk

CarBuzz.com

Hennessey Venom F5 sets new half-mile speed record at 221.92 mph on an unprepared surface. Record set during a standard engineering session, not a dedicated record attempt. Half-mile speed faster by 15 mph and 28 mph than Rimac Nevera and Bugatti Chiron Super Sport, respectively. Hennessey is on track to...

Hennessey Smashes Hypercar Speed Record On The Road To 300 MPH


You can get into one of these for $5k, and they should shoot up in value--while being fun to drive.
The post A Forgotten American JDM-Killer Might Be the Ultimate Sports Car Investment appeared first on MotorBiscuit.

A Forgotten American JDM-Killer Might Be the Ultimate Sports Car Investment

When speaking about reliability, there is a good chance one brand will stand out among the rest: Lexus. You might go as far as to say the Japanese luxury giant has made their brand synonymous with the term reliability. Yet, is Lexus still offering top tier reliable luxury vehicles in 2024? The short answer is yes. Using J.D. Power's 100-Point Score system, the highest ranked compact premium car in 2024 is the 2024 Lexus IS sport sedan, with an 88/100 score.

The Most Reliable Japanese Car In 2024

6ix9ine’s custom-painted Bentley and Lamborghini sold for a total of more than $260,000 at a government auction. The U.S. government found buyers for two colorful cars seized from 6ix9ine to cover his IRS debt. Auctions for his 2017 Bentley Continental GT Speed and 2019 Lamborghini Urus closed on Tuesday (July 23).

6ix9ine’s Custom Luxury Cars Auctioned Off Following Government Seizure

TheDailyBeast

A reclusive Hermès heir no longer has the billions of dollars he once shockingly promised to donate to his gardener, among other various causes, Bloomberg reported.A Swiss court ruled earlier this month that Nicolas Puech, an 81-year-old and the largest individual shareholder of Hermès stock, can’t blame his wealth manager for the loss of his sprawling $13 billion fortune in family-controlled Hermès International SCA. The missing moolah is part of the fallout from Louis Vuitton owner Bernard Arnault’s failed attempt to take over Hermès with Puech’s help over a decade ago. The collapsed control grab made Puech an outcast in his own family, and the whereabouts of his stock are still unknown. Puech claims his wealth manager, Eric Freymond, committed “gigantic fraud” in the 24-year period that he was in full control of maintaining his bank accounts, and canceled his mandates in 2022. The court dismissed the billionaire’s misfortune, ruling on July 12 that he could have revoked Freymond’s access at any time and that it was his bad call to put “blind trust” in a wealth manager.Read more at The Daily Beast.

Reclusive Hermès Heir Has No Clue Where His $13 Billion Fortune Went

The Spun

Lindsey Vonn, the legendary U.S. Olympian, is in Paris, France for the 2024 Summer Games. The 2024 Summer Games are continuing on Sunday, with a couple of notable events taking place. The U.S. men's basketball team is taking on Serbia in a group stage game on NBC. Later on Sunday, the U.S. women's ...

Lindsey Vonn Posed In Nothing But 'Body Paint' For Epic Swimsuit Photo

Stellantis and Ferrari chairman John Elkann joins 'Squawk Box' to discuss the Agnelli family auto legacy, pressures facing the auto industry, sustainability efforts at the Paris Olympic games, state of luxury demand, and more.

Ferrari & Stellantis chairman John Elkann on family auto legacy, auto pressures and luxury demand

The new age of electric car innovation has provided us with easily accessible products that can outrun the most high-end supercars from a 0-60 MPH sprint. Obviously, they fall a bit short in areas like top speed and overall handling, but it's still an incredible experience to be able to hit 60 MPH from a standstill in less than four seconds while carrying four or more passengers.

10 Electric SUVs That Are Supercar Fast

Debuting in 1964 as a performance upgrade for the Pontiac Le Mans, the GTO quickly became a legend. This muscle car, born from Pontiac’s clever work-around of a General Motors performance restriction, ignited a craze that would grip the American car market for years. Initially offered as an option package, the GTO’s immense popularity led Pontiac to raise it to a standalone model by 1966.

The Legacy of the 1965 Pontiac GTO: How a Muscle Car Revolutionized American Automotive History

Paris has officially kicked off the 2024 Olympics. The Opening Ceremony was filled with dramatic musical moments, the Parade of Nations, highlights of France's history and culture, and so much rain. The broadcast, hosted by Kelly Clarkson, Mike Tirico, and Peyton Manning, also shined a spotlight on the world of...

Kelly Clarkson Admits She Might Be "In Trouble" After Her Visit to Paris

Rivian and Volkswagen recently announced a joint venture, but it first had to pass the scrutiny of the German Federal Cartel Office. The pair got the greenlight, which will see VW making a significant investment in Rivian and billions into building the venture. Volkswagen is set to give Rivian $3...

Rivian and Volkswagen Get Green Light To Form New Joint Venture

Maine State

The US Sun

EDWIN Castro’s not-so-secret girlfriend posted a cryptic message on social media just a week after the couple appeared to go Instagram-official with their relationship. Powerball winner Edwin Castro, 32, and his love interest Payten Vincent, 24, have been spotted getting cozy in California throughout July. Vincent posted a romantic selfie with Castro on July 17 […]

Powerball billionaire Edwin Castro’s girlfriend posts cryptic message about rejection a week after couple went public

Motor1.com

NewsBreak

Recaro Files for Bankruptcy

Whether in a car, on an airplane, or possibly at your desk, everyone has probably sat in a Recaro seat at some point. Now Recaro Automotive...

Recaro Files for Bankruptcy

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