Ferrari Cracks Down on Unusual Color Choices to Preserve Brand Prestige

February 8, 2025 – In the realm of supercars, Ferrari has long captivated the world’s ultra-wealthy with its exceptional performance and iconic brand allure. However, recent reports suggest that the Italian automaker might be saying “no” to customization requests that clash with its brand philosophy. According to The Telegraph, Ferrari is considering measures that could…

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Nikola Teeters on Edge of Bankruptcy Amid Financial Struggles and Past Feuds with Tesla

February 8, 2025 – According to a report by The Wall Street Journal, Nikola Corporation, the American hydrogen-electric truck manufacturer, is on the brink of bankruptcy. Once seen as a significant contender in the sustainable long-haul transportation market, the company is now exploring various options including selling the company or undergoing bankruptcy reorganization. Nikola, which…

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Ford CEO Sees Bright Future for Range-Extending Vehicles, Catering to Americans’ Love for Big Cars

February 6, 2025 – Jim Farley, CEO of Ford, stated in a financial earnings call on Wednesday that range-extending electric vehicles (REEVs) will play a crucial role in the American automotive market. His reasoning is straightforward: “Americans love big cars, especially big pickups.” REEVs, which primarily use electric motors for propulsion but also carry a…

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Discount Promotion Launched for Tesla Cybertruck Amid Sales Decline

January 17, 2025 – Tesla has rolled out discount promotions for its highly anticipated Cybertruck electric pickup, aiming to counter a recent decline in sales of the model, as reported by Business Insider. According to Tesla’s official US website, customers purchasing a brand-new Cybertruck can now enjoy discounts of up to 1,600.Additionally,theautomakerisofferingalimitednumberofdemoCybertruckswithjustafewhundredmilesontheodometer,boastingdiscountsof2,600. In an unusual…

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Sony and Honda’s Joint Venture Sparks Outrage from US Dealers with Its Direct EV Sales Plan

January 14, 2025 – At the 2025 International Consumer Electronics Show (CES), Sony Honda Mobility, a joint venture between Sony and Honda, announced its intention to adopt a direct sales model similar to that of Tesla and Rivian for its upcoming Afeela electric vehicle. This decision, which bypasses the traditional franchised dealer network, has immediately…

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