March 2022

Lamborghini concludes best year ever for sales, turnover and profitability

(March 18, 2022)  Automobili Lamborghini concluded the financial year 2021 with the best results ever in terms of sales, turnover and profitability, confirming a solid and winning strategy. Turnover reached the all-time high of 1.95 billion euros, a 19% increase over 2020. Efficient management supported by the launch of new models drove operating profit to a level never previously seen.

Toyota suspending half of operations in Japan because of quake

(March 18, 2022) TOKYO — Toyota is suspending operations at more than half its operations across Japan and is studying potential disruption to overseas production because of supply chain interruptions triggered by a large earthquake that rattled the country this week. Toyota will halt production for three days starting next week on 18 lines at 11 factories in Japan, out of a total of 28 lines in 14 factories operated nationwide, the automaker said on Friday, according to Automotive News.

Maserati says it will be all-electric by 2030

(March 18, 2022) MODENA, Italy — The Italiam luxury brand Maserati is going fully electric by 2030. And the company said Thursday that all of its vehicles will offer a battery-electric version by 2025. The Gran Turismo coupe and its convertible counterpart, known as the GranCabrio, will be Maserati's first cars to have battery-electric powertrains, next year.

A Studebaker wagon

Station wagons were in vogue during the 1950s, and Studebaker had its version. This 1953 Studebaker wagon sits up high in a salvage yard sharing space with an early '50s Dodge van. As was the case with many station wagons in the '50s, the Studebaker was utility-challenged with only two doors.
(Photo by Jim Prueter)

Toyota makes $27 million investment in Long Beach plant

(March 17, 2022) LONG BEACH, Calif. — For 50 years, Toyota Auto Body Company (TABC) has led the way for Toyota’s manufacturing operations in North America. Today, Toyota Motor North America (TMNA) announced a $27 million investment in the operation to support an increase in its production capabilities.

Introducing the new V12 Vantage — A spectacular finale for an iconic bloodline

(March 17, 2022) GAYDON, UK — For 15 years the V12 Vantage has boldly represented Aston Martin’s passion for performance. Fast and fierce in equal measure, successive iterations of these great cars have formed an iconic bloodline. One built around the premise of fitting the most compact and driver-focussed model with the largest and most potent series production engine. With this unique lineage nearing its end, Aston Martin has introduced the fastest, fiercest and most dynamically accomplished of them all; the new V12 Vantage.