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BMW beats forecasts with $2.99 billion profit in third quarter

BERLIN — BMW beat analysts’ forecasts on Wednesday with a 42.4% increase in third quarter net profits to 2.58 billion euros ($2.99 billion) as higher prices and strong electric vehicle (EV) sales offset lower deliveries due to scarce chips. In an earnings call, finance chief Nicolas Peter said the company was confident of topping its […]

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RM Sotheby’s Guikas Collection: 1970 Maserati Ghibli 4.7 Spyder by Ghia

Presented by RM Sotheby’s – Destined to remain in its native Italy when new, the Ghibli 4.7 Spyder presented here was shipped to Rome following its completion at Maserati’s facilities in Modena in February of 1970. Finished in Giallo over a black leather interior, it is one of only 83 production 4.7-liter Ghibli Spyders—and one

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MINI announces an electric crossover in small-car segment

MINI announced today that a new electric car will join their lineup in the future. The new MINI electric crossover will compete in the small-car segment. Furthermore, from 2023 onwards, the new models of the small-car segment developed for e-mobility will be produced in China. Production will be located at the newly constructed automobile plant in

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Kanye West’s Wyoming ranch fleet of cars is up for auction

A collection of four-wheel-drive trucks and SUVs used on Ye’s (formerly Kanye West) ranch property in Wyoming are up for auction. While some celebrity vehicle auctions can be plumbed for unique collectors’ pieces or signposts of wealth-fueled eccentricity (and the latter would certainly be on-brand for West), what we have here is a relatively practical

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