Ferraris will always be made in Italy, says CEO
Ferrari will never move production out of its home in Maranello, Italy, company CEO Benedetto Vigna said on Tuesday at a conference in New York organized by Reuters. Vigna made…
Read More »Everybody wanted to keep the Hemi except Stellantis’ former CEO, according to sources
Carlos Tavares, who led Stellantis since its formation in 2021, quit the company this week According to sources, Tavares was too heavily focused on cost-cutting and making the company green…
Read More »Tim Kuniskis, father of the Hellcats, returns to Stellantis
Tim Kuniskis, the executive perhaps most influential in spreading horsepower across Stellantis’ U.S. brands, has returned to the automaker after retiring in May. Kuniskis spent more than three decades working…
Read More »Lewis Hamilton-inspired 1063 hp HOF ‘Sir Class’ G-Wagon revealed
German tuner HOF, a company led by former Mercedes-AMG CEO Philip Schiemer, has revealed what is said to be the fastest G-Wagon in the world. It’s called the HOF Sir…
Read More »Stellantis CEO Carlos Tavares quits amid declining sales
Stellantis CEO Carlos Tavares has quit more than a year before his contract was set to expire Stellantis reported a decline of 20% in global deliveries year-over-year in the last…
Read More »Elon Musk says future is autonomous, $25K EV “pointless”
Tesla EV with starting price of $25,000 no longer planned Elon Musk calls such a model “pointless” Tesla now focused on Cybercab robotaxi with starting price below $30,000 Tesla CEO…
Read More »Stellantis confirms CEO Carlos Tavares leaving in 2026
Stellantis CEO Carlos Tavares to retire in 2026 Stellantis already searching Tavares’ successor Stellantis initiates leadership change to turn around poor performance in North America Stellantis on Thursday confirmed that…
Read More »Michael Jordan’s NASCAR team is suing the sport
Two top NASCAR teams including one backed by NBA superstar Michael Jordan are unhappy with the racing series’ current operations and have decided to sue both the series and CEO…
Read More »Stellantis starts search for CEO Carlos Tavares’ successor
Stellantis is searching for a successor to current CEO Carlos Tavares, whose contract is set to expire in early 2026. The information was first reported on Tuesday by Bloomberg, citing…
Read More »Ineos Grenadier production stopped, possibly into 2025
The U.K.’s Ineos has been forced to cease production at its plant in Hambach, France, due to financial trouble at one of its suppliers. The news was first reported on…
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