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2024 Alfa Romeo Tonale, 2024 Porsche Panamera: Automobile Information Headlines

Baua Electric

A redesigned Porsche Panamera is coming quickly, and we have now new undercover agent pictures and video of a prototype. This would be the terminating age of the bulky hatch and wagon to component internal-combustion engines, as Porsche plans to manufacture all of its fashions electrical excluding the 911.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

.& With this in mind, Porsche’s CFO was recently quoted as saying European combustion bans will probably need to be delayed and there’s good reason to believe him.& However, Porsche Chief Financial Officer Lutz Meschke was quoted by Automotive News on Thursday casting some doubts.&

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VW’s Porsche IPO shaping up to be Europe’s biggest listing in a decade

Teslarati

Volkswagen’s Porsche IPO is shaping up to be Europe’s biggest listing in a decade as it targets a €70 to €75 billion valuation. . Today, Volkswagen AG’s Executive Board, with the approval of the Supervisory Board, set a placement price range for the preferred shared in Dr.Ing.h.c.F Porsche AG from EUR 76.50 to EUR 82.50

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Porsche IPO for VW Group’s EV push gains traction

Teslarati

On February 24, 2022, Porsche Automobil Holding SE (Porsche SE) and Volkswagen agreed to “further examine and generally support the feasibility” of a potential Porsche IPO. The possible IPO of Porsche AG would generate funds to help Volkswagen AG increase electric vehicle production and digitalization. . “We

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2024 Cadillac Celestiq, 2025 Mercedes-Benz G-Magnificence: Nowadays’s Automobile Information

Baua Electric

It prices a staggering $975,000, and consistent with Cadillac it’ll be the one considered one of its type. Germany’s Manthey-Racing is getting ready some upgrades for the 992-generation Porsche 911 GT3 RS.

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Steeda and McQueen partnership, Lotus Evija X: Lately’s Automobile Information

Baua Electric

Steeda and McQueen Racing have teamed as much as trade in a complete lineup of efficiency automobiles to be advertised beneath the McQueen Racing emblem. The primary might be according to the redesigned 2024 Ford Mustang and is due out then this summer season. Lotus has constructed an last, one-off instance of its Evija electrical hypercar.