Ferrari’s First EV Due in 2025, CEO Elkann Says

Ferrari’s First EV Due in 2025, CEO Elkann Says

Resistance is futile. Already finishing up development of its first SUV, Ferrari Chairman and acting CEO John Elkann told shareholders the automaker will have its first battery-electric vehicle ready to go in 2025. The company previously confirmed it is working up a...
Rising Prices Make Affordability an Issue for Car Buyers

Rising Prices Make Affordability an Issue for Car Buyers

Affordability will become a significant issue for the automotive industry in the not-too-distant future, according to one of the industry’s top analysts. “We’re starting to price people out of the market,” said Carla Bailo, president and chief executive officer of...
Stellantis Expects Fully Electrified Portfolio by 2030

Stellantis Expects Fully Electrified Portfolio by 2030

Stellantis, the new company created by the merger of Fiat Chrysler and PSA, is moving aggressively to prepare for an electrified future, CEO Carlos Tavares said during the company’s first annual meeting this week. During 2021, the newly merged company expects to...
A Week With: 2021 Audi RS 7

A Week With: 2021 Audi RS 7

Like BMW’s M models and Mercedes-Benz’s AMG vehicles, Audi’s RS line is the brand’s highest performance trim, a tradition since 1994, when the RS 2 Avant debuted. Sitting above Audi’s S (or Sport) trim level, the top-of-the-line RS, an...
Chip Shortage Causing Mexican Auto Plants to Sputter

Chip Shortage Causing Mexican Auto Plants to Sputter

Much of the focus on automakers being forced to shut down plants due to semiconductor shortages has been focused on U.S. facilities; however, Mexico hasn’t been exempted from the semiconductor scarcity and some of its automotive plants have been sputtering. General...

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