Ferrari

Sales Exceed $108 Million at Dana Mecum’s 37th Original Spring Classic Auction

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화요일, 5월 28, 2024

Dana Mecum’s 37th Original Spring Classic concluded with more than $108 million in sales after nine days of auction action, May 10-18, with a total of 2,877 lots selling throughout the duration of the Indianapolis-based event.

Key Points: 
  • Dana Mecum’s 37th Original Spring Classic concluded with more than $108 million in sales after nine days of auction action, May 10-18, with a total of 2,877 lots selling throughout the duration of the Indianapolis-based event.
  • The annual anniversary auction consistently draws exceptional crowds and strong sales, with this year’s event marking the fourth consecutive year that overall sales exceeded $100 million.
  • Highlights at the live 2024 auction ranged from high-dollar vehicle transactions to celebrity appearances, unique vehicle sales and more.
  • Road Art®, MyMecum® & The Bid Goes On® are registered trademarks of Mecum Auction, Inc.
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240528864598/en/

Global Billion Dollar Recreational Vehicle Battery Market Size Expected to Continue to Grow as Demand Skyrockets

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수요일, 5월 22, 2024

According to a report from Market Research Intellect (MRI), the global Recreational Vehicle Battery Market size in terms of revenue is expected to continue to grow additional billions of dollars in revenues and in a CAGR through 2031.

Key Points: 
  • According to a report from Market Research Intellect (MRI), the global Recreational Vehicle Battery Market size in terms of revenue is expected to continue to grow additional billions of dollars in revenues and in a CAGR through 2031.
  • MRI said: “Market Research Intellect anticipates a promising growth trajectory for the Recreational Vehicle Battery Market from 2024 to 2031, fueled by drivers.
  • Technological advancements will catalyze product innovation and market expansion, while favorable regulatory policies and increasing consumer awareness will further boost demand.
  • Companies in the Recreational Vehicle Battery Market can capitalize on this growth by focusing on strategic initiatives such as market diversification, brand building, and operational efficiency improvements.

FERRARI ANNOUNCES SETTLEMENT OF ITS NOTES OFFERING  

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화요일, 5월 21, 2024

Maranello (Italy), 21 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) announces the settlement of the offering, previously announced, of Euro 500 million in aggregate principal amount of 3.625% notes due on 21 May 2030, with an issue price of 99.677% (the “Notes”).

Key Points: 
  • Maranello (Italy), 21 May 2024 – Ferrari N.V. (NYSE/EXM: RACE) announces the settlement of the offering, previously announced, of Euro 500 million in aggregate principal amount of 3.625% notes due on 21 May 2030, with an issue price of 99.677% (the “Notes”).
  • The net proceeds of the offering were approximately Euro 497 million after payment of offering costs and related expenses.
  • The Notes have been admitted to the Official List of Euronext Dublin and to trading on the regulated market of Euronext Dublin.
  • The prospectus related to the Notes, dated 15 May 2024, was approved by the Central Bank of Ireland and it has been published on the Ferrari N.V. corporate website together with other relevant documents.

New circuit challenge for TOYOTA GAZOO Racing

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월요일, 4월 15, 2024

Toyota City, Japan, Apr 15, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing heads into uncharted territory for the second round of the 2024 FIA World Endurance Championship (WEC) season at the inaugural 6 Hours of Imola.

Key Points: 
  • Toyota City, Japan, Apr 15, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing heads into uncharted territory for the second round of the 2024 FIA World Endurance Championship (WEC) season at the inaugural 6 Hours of Imola.
  • This week's second round marks TOYOTA GAZOO Racing's first visit to the 4.909km Autodromo Internazionale Enzo e Dino Ferrari, located around 40km south-east of Bologna in the Emilia-Romagna region.
  • It has hosted World Championship endurance racing three times, the most recent coming back in 1984 when Hans-Joachim Stuck and Stefan Bellof won the 1000km of Imola.
  • An intense programme of preparation will begin for TOYOTA GAZOO Racing on Friday 19 April with two 90-minute free practice sessions.

AROMA360 Beverly Hill Showroom Hosts Haute Living Cover Launch with Eva Longoria!

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화요일, 5월 7, 2024

As the latest cover model for Haute Living Magazine at the Aroma360 Beverly Hills showroom, it was an evening to remember.

Key Points: 
  • As the latest cover model for Haute Living Magazine at the Aroma360 Beverly Hills showroom, it was an evening to remember.
  • AROMA360 Beverly Hill Showroom Hosts Haute Living Cover Launch with Eva Longoria!
  • Aroma360 Beverly Hills showroom located on Rodeo Drive, at the epicenter of California luxury with a lavish yet innovative space, the showroom offers everything from its numerous hotel, spa and private label collections for home scenting to its latest in beauty fragrances.
  • At the heart of this event partnership was a noble cause: supporting Eva's Heroes, a nonprofit organization founded by Eva Longoria herself.

New-Vehicle Average Transaction Prices Drop to Lowest Level in nearly Two Years, According to Latest Kelley Blue Book Estimates

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월요일, 4월 15, 2024

ATLANTA, April 15, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised February ATP.

Key Points: 
  • ATLANTA, April 15, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised February ATP.
  • Incentives were highest for Polestar, Lucid, Tesla, Infiniti, Mini, Nissan and Volkswagen, according to Kelley Blue Book estimates.
  • According to Kelley Blue Book estimates, incentives at Land Rover averaged only 2.4% of ATP.
  • Last month, 30 different vehicles posted average transaction prices over $100,000, with the Mercedes G-Class on top with an ATP of $208,663.

Thor Equities Group Chairman, Joe Sitt, Makes Guest Appearance on Bloomberg Markets to Discuss Inflation, Electric Vehicles, and More

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화요일, 4월 9, 2024

On Bloomberg Markets, Joe Sitt was asked about the competition among luxury retailers for properties, which he believes “tend to move cyclically with their stock prices and businesses”.

Key Points: 
  • On Bloomberg Markets, Joe Sitt was asked about the competition among luxury retailers for properties, which he believes “tend to move cyclically with their stock prices and businesses”.
  • Finally, and most remarkably, Joe Sitt discussed electric vehicles, range anxiety, and the Electreon stock which increased 400% since he first mentioned the company on Bloomberg Markets one year prior.
  • Governments across the world are prioritizing electric roads and the company won government issued tenders for electric roads in France, Sweden, Germany, Israel, Norway and China.
  • Thor became interested in the company due to the real estate aspect of parking lots and the solution to difficulties of individual recharging.

C.K. McWhorter Endows Tems' "Me & U" Music Video with Esteemed McWhorter Family Trust Global Digital Archive Family Trust Warrant Of Excellence

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토요일, 3월 30, 2024

McWhorter of the esteemed McWhorter Family proudly announces the inclusion of Tems' captivating music video, "Me & U," in the Family's Global Digital Music Video Archive of Excellence.

Key Points: 
  • McWhorter of the esteemed McWhorter Family proudly announces the inclusion of Tems' captivating music video, "Me & U," in the Family's Global Digital Music Video Archive of Excellence.
  • "Me & U," directed by Tems herself, is a breathtaking visual masterpiece that transcends boundaries and celebrates authentic beauty in all its forms.
  • By presenting "Me & U" with a McWhorter Family Trust Digital Archive Warrant of Excellence, McWhorter celebrates diversity, beauty, and authenticity, embodying the values of renowned luxury brands like Cartier and Bentley.
  • McWhorter continues to redefine luxury and philanthropy, the inclusion of Tems' "Me & U" music video in the McWhorter Family Trust Digital Archive of Excellence serves as a testament to the enduring power of authentic beauty and the timeless impact of artistic expression.

McGovern Auto Group Opens the Largest Dealer-Owned Collision Center in the USA! Raising the Bar for Auto Body Repair

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화요일, 4월 9, 2024

SHREWSBURY, Mass., April 9, 2024 /PRNewswire/ -- McGovern Auto Group (MAG), the leading automotive retailer in the Northeast, today announced the grand opening of the MAG Collision Center, McGovern's new flagship body shop that promises to reshape collision repair services across Massachusetts and beyond. Located at 420 Boston Turnpike in Shrewsbury, the state-of-the-art, 75,000 square foot facility cements McGovern's position as the foremost automotive group in the region while delivering customers access to unrivaled auto body repair and paint services.

Key Points: 
  • As the single largest auto body shop in the Northeast and the biggest dealer - owned collision center nationwide, the MAG Collision Center represents a multimillion-dollar investment in McGovern's depth in auto repair in the Northeast.
  • Beyond resources, McGovern has furnished the facility with next-generation equipment, materials, and processes to truly optimize and modernize collision services.
  • "Today is an important milestone, not just for McGovern auto , but also for every driver needing collision repairs or a fresh paint job," said Matt McGovern, CEO of McGovern Auto Group.
  • The MAG Collision Center will also be home to McGovern's transport and vehicle mobility division, McGovern Transport, housing its fleet of 14 trucks.

Corvette E-Ray with Carbon Revolution Wheels Wins The Drive’s Best Performance Car of 2023 Award

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수요일, 3월 20, 2024

The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution’s class-leading carbon fiber wheels.

Key Points: 
  • The 2024 E-Ray marks the first time a General Motors hybrid electric product has used Carbon Revolution’s class-leading carbon fiber wheels.
  • “The General Motors Corvette Z06 and ZR1 have been some of Carbon Revolution’s most successful high-volume programs.
  • We expect that given the recent performance awards for the E-Ray, this program will continue the trend of success,” said Jake Dingle, CEO of Carbon Revolution.
  • The E-Ray’s optional five-spoke carbon fiber wheels, made by Carbon Revolution, cut 41 pounds from the Corvette’s unsprung, rotational curb weight compared with the forged aluminum option.