News
Lewis Hamilton spends his first day at Ferrari
Lewis Hamilton has made the switch from Mercedes-Benz AMG to Ferrari The 40-year-old F1 veteran will be chasing his eighth title with Ferrari On his first day, he was greeted by an F40, his favorite supercar according to Ferrari Formula…
Seinfeld’s Porsche 917 from “Le Mans” fails to sell despite $25M bid
A Porsche 917 used for filming of “Le Mans” didn't sell at auction despite a $25 million bid The car is one of three 917s used for filming and the example owned by Steve McQueen The car's current owner is…
Lamborghini not interested in restomods or continuation cars
Lamborghini has no plans to capitalize on the strong demand for its classic cars by building new ones Lamborghini is committed to respecting its heritage and doesn't want to modify the past Lamborghini also won't give its classic cars modern…
GWM launches new ORA 03 line-up for 2025
GWM UK has launched a new ORA 03 model lineup for 2025, with revised pricing starting from £24,995 and a new range-topping GT variant. The range will be available from any of the 35+ GWM UK retailers across the UK.…
EV startup Canoo goes bankrupt
Canoo, once a promising startup with a unique electric vehicle and orders from the likes of the U.S. Postal Service and Department of Defense, has filed for bankruptcy and ceased all operations. The company announced it filed for Chapter 7…
Dealers see surge in AFV trade as demand for EVs and hybrids grows
Trade-to-trade sales on alternatively fuelled vehicles (AFVs) jumped by 64.9% in 2024 compared with 2023. The digital marketplace saw 51,259 bids received on AFVs and 204,058 ad views, delivering year-on-year increases of 25.83% and 16.6% respectively. Dealer Auction said that…
Carwow named Audi marque with greatest profit potential in Q4 2024
Carwow has named Audi as the Marque with the greatest profit potential among cars sold via its daily online auctions in Q4 2024. The 324 used Audi models sold had an average profit potential of £3,000, ahead of Lexus at…