According to Yahoo Finance, Porsche formally listed on the Frankfurt Stock Exchange on Thursday with a valuation of around 78 billion euros, making it the largest IPO sale in Germany since 1996. Porsche’s shares first traded at 84 euros before dropping dramatically and closing the day at 60.48 euros per share after trading between 59.56…
Read More “The 25-year record was shattered by Porcshe’s stock market debut” »
Although Brabus had previously “captured” the previous generation of the Mercedes S-Class, this is the first time the extended Maybach version has been done so. The 600 Masterpiece model truly lives up to its name as a masterpiece. Its foundation is the V8-powered S580 4Matic. It’s interesting to note that the corporate emblem may be…
Read More “The Maybach S-Class, a new masterpiece from Brabus, has approximately 600 horsepower.” »
At the Paris Motor Show in October 1972, the first Porsche 911 with the RS moniker was unveiled to the public. The whole intended production run was quickly sold out. Porsche unveiled the next generation 911 GT3 RS model a month ago. It is driven by a 4-liter 6-cylinder engine, one of the few high-performance…
Read More “All about the Porsche 911 Carrera RS 2.7 in honour of five decades!” »
Investor enthusiasm in constructing electric car charging stations may be questioned if the energy crisis persists. The leaders of the German auto industry worry that the high cost of power threatens the future of electric vehicles. According to “The Guardian,” the shortage of spare parts and the rise in energy prices are eroding consumers’ purchasing…
Read More “Experts fear that rising energy costs might endanger the future of electric vehicles” »
The Volkswagen Golf, which was once the most popular vehicle in Europe, is on the verge of dropping out of the top 10, but its replacement is ably defending the title. The top models on these rankings for the past 10 years have mostly remained the same, with a few minor variations; however, over the…
Read More “Top ten, the best selling cars in Europe during July” »
A 1984 Nissan 300 ZX, one of the vehicles used by renowned Hollywood actor Tom Cruise, has just been listed for sale. It is a 300ZX model that Newman/Sharp Racing constructed for the SSA class races, and Cruise is the primary driver. The Sport Car Club of America national championship was won in 1986 by…
Read More “Tom Cruise’s 1984 Nissan 300ZX Race Car Is For Auction” »
Tesla CEO Elon Musk revealed in a tweet that the new price, which will increase by $3,000, will become effective in North America on September 5. According to Musk, drivers who place an order for a vehicle before September 5 won’t be responsible for the new price rise, according to the Telegraph. The price increase…
Read More “The full self-driving (FSD) software cost from Tesla has increased to $15,000.” »
There is no disputing that the automobiles throughout the history of cinema have left us with priceless memories, therefore the images of these legendary cars will still look recognizable. A few vehicles have more or less paralleled the movies in which they were featured in cult status throughout the history of cinema. Many vehicles that…
Norway has long been on the verge of the electric vehicle revolution. These automobile purchasers have benefited much from their policies, which may have even somewhat harmed the economy. As a result, certain incentives have been reduced. Even the authorized VW importer, though, is prepared to move forward. Beginning January 1, 2024, VW will stop…
Ferrari has been forced to recall 23,555 cars due to a potential problem that could cause the brakes to lose function and result in an accident. The company from Maranello also recalled almost 10,000 cars due to the same problem in October last year, and now that number is more than double. The National Highway…
Read More “Ferrari is recalling more than 23,000 cars due to possible brake failure” »
