Author: air-beans
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Changan Automobile | Reconstructing Smart Manufacturing for the Future
CCTV Finance visited Changan Automobile’s digital intelligence factory, built in collaboration with China Unicom and Huawei. This factory is one of the world’s leading all-area 5G digital factories, characterized by smart, low-carbon, and efficient processes. On average, a new car rolls off the assembly line every 60 seconds, marking a new chapter in intelligent manufacturing.…
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Changan Automobile | Win-Win in the New Era of Digital and Intelligent Technology
Changan Automobile’s 4th Technology Ecology Conference focused on strategies, technologies, and products for the new era of digital and intelligent vehicles. Chairman Zhu Huarong emphasized that digital smart cars represent the future beyond new energy vehicles. The event showcased AI-powered smart driving, innovative decentralized electric drive technology, and the release of the new Changan Qiyuan…
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Porsche | Three records on three continents: Taycan Turbo GT with Weissach package
The Porsche Taycan Turbo GT with the Weissach package set records at the Nürburgring, Laguna Seca, and the Shanghai International Circuit. Development driver Lars Kern recorded a lap time of 2:11.28 in Shanghai, marking the first official lap record at the track and demonstrating the global prowess of the Taycan Turbo GT. Source: Here
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Porsche | Porsche Penske Motorsport switches up its driver squad for the 2025 season
Porsche Penske Motorsport will change its driver lineup for the 2025 season. French driver Julien Andlauer has been promoted to the works team, joining Michael Christensen as a regular in the FIA WEC. Meanwhile, André Lotterer, Dane Cameron, and Frédéric Makowiecki will leave the team as their contracts end. Source: Here
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Porsche | Porsche presents a limited-edition espresso machine with La Marzocco
Porsche has teamed up with Italian espresso machine maker La Marzocco to produce a limited edition espresso machine, with only 911 units available. The machine comes in two designs: Slate Grey Neo and Martini Racing. The latter design pays homage to the Porsche 911 Carrera RSR that won the Targa Florio in 1973, combining Porsche’s…
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Lamborghini | Lamborghini Temerario: the “fuoriclasse” laid bare
Lamborghini’s Temerario, unveiled at Monterey Car Week 2024, sets a new standard with its hybrid powertrain featuring a twin-turbo V8 engine and three electric motors, delivering 920 CV. The multi-technology spaceframe chassis reduces structural complexity while increasing torsional stiffness by 25%, contributing to exceptional driving dynamics. Source: Here
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Ferrari | Ye, Fuoco, and Serra at Macau GP for FIA GT World Cup
Three official Ferrari drivers—China’s Yifei Ye, Brazil’s Daniel Serra, and Italy’s Antonio Fuoco—will compete in the FIA GT World Cup at the Macau GP in November 2024. They will race Ferrari 296 GT3s on the iconic street circuit, representing Maranello against 23 cars from six manufacturers. Source: Here
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GM | Q3 2024 Letter to Shareholders
GM highlighted its Spring Hill, Tenn. plant, where both ICE and EV Cadillacs are produced, as well as its battery expertise and production scale. GM expects its 2025 EBIT to be similar to its 2024 results, driven by EV sales growth, cost management, and profitable redesigned SUVs. The company is on track to meet its…
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GM | Releases Q3 2024 Results and Updates Full-Year Guidance
General Motors announced that its Q3 2024 revenue reached $48.76 billion, with a net income of $3.1 billion and an adjusted EBIT of $4.115 billion. The company updated its full-year 2024 guidance, raising its net income expectations to $10.4-$11.1 billion and adjusted EBIT to $14.0-$15.0 billion. Additionally, GM’s EV sales reached approximately 32,000 units, expanding…
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GM | Q3 2024 Earnings
GM’s Q3 2024 earnings report shows EV sales reached approximately 32,000 units, expanding its U.S. EV market share to about 10%. The company maintained strong leadership in the full-size truck and SUV segments, achieving an adjusted EBIT of $4.1 billion in Q3 2024. GM aims to produce and sell around 200,000 EVs by 2025 and…