Bugatti Unveiled A New $5.8 Million Supercar

MONTEREY, California — Over the weekend, at the exclusive automotive event “The Quail: A Motorsports Gathering“ in Monterey, California, Bugatti presented its latest model as a world premiere. With the Divo, the French luxury brand has developed a super sports car tuned for agility, nimbleness and optimum handling performance on winding roads. The aerodynamics of…

AeroMobil attracts new investment – Bridging the Danube Valley

SLOVAKIA — IPM and AeroMobil announce that Zoltan Varga, the Hungarian serial investor and entrepreneur, has invested in AeroMobil, enabling IPM and AeroMobil’s cooperation to be a designated a flagship project of the “Danube Valley” initiative – via the IPM platform, which connects iconic investors from Slovakia, the Czech Republic, and Hungary. Since IPM Growth’s…

Ford is celebrating the production of its 10 millionth Mustang

DETROIT, Michigan — Ford is celebrating the production of its 10 millionth Mustang – America’s best-selling sports car of the last 50 years and the world’s best-selling sports car three years straight. The 10 millionth Ford Mustang is a high-tech, 460 horsepower 2019 Wimbledon White GT V8 six-speed manual convertible equipped with the latest driver…

Volvo Cars Media Site Volvo Car Canada Ltd. Reports 47.5% Growth in July

RICHMOND HILL, Ontario Canada — Volvo Car Canada Ltd. reported sales of 903 units in July 2018 compared to 612 sales in July 2017, representing an increase of 47.5%. This marks the thirty-fourth consecutive month of year-over-year sales growth for the brand. Year to date, Volvo Canada has sold a total of 5464 vehicles in…

Porsche increases revenue and operating result in the first half year

STUGGART, Germany — Porsche AG reported an increased its operating result, revenue, deliveries and number of employees despite despite economic and political challenges. The operating result increased slightly, by one per cent to EUR 2.2 billion, while revenue rose by four per cent to EUR 12.3 billion. The operating return on sales was 17.5 per…

North American International Auto Show moves to June starting in 2020

DETROIT,Michigan — The North American International Auto Show (NAIAS) announced that starting in 2020 the show would make a transformational move to June and will start the week of June 8th. The ability for participating brands to deliver dynamic exhibits and experiential opportunities outside of the show’s four walls for attending journalists, industry members and…

Tesla to build factory in China as tariffs bring urgency

SHANGHAI, China — Palo Alto, California-based automaker Tesla announced plans Tuesday to build a new factory in Shanghai that’s expected to make 500,000 electric vehicles annually within about five years. A deal with the government of Shanghai was signed when the automaker’s CEO Elon Musk visited the city. Tesla said it expects to begin construction…

Wimbledon Champion and Porsche Brand Ambassador visits the Porsche Museum

STUGGART, Germany — After capturing her first ever Wimbledon title, Angelique Kerber, the Porsche Brand Ambassador stopped over in Stuttgart on Tuesday. She gave her first press conference in Germany after her historical triumph in the Porsche Museum. Angelique Kerber beat Serena Williams 6-3, 6-3 in the final to win the world’s most prestigious tennis…

NAIAS will change dates at Detroit’s Cobo Center, starting 2020!

DETROIT, Michigan — As of 2020, the North American International Auto Show will no longer take in January. It would represent the first time in at least 50 years that the Detroit auto show will not take place in January. The 2019 show already is scheduled for the traditional mid-January time frame. The Cobo Center…

Bill Ford Jr. and Ford Aims to Revive Michigan Central Train Station

DETROIT, Michigan — Ford Motor Companies Bill Ford Jr. revealed his plan to transform the newly-acquired Michigan Central Station into the “centerpiece” of a new campus in Detroit’s Corktown neighborhood. “It feels like there is a kid inside of you that is giddy and can’t wait to come to work here,” said Bill Ford Jr….