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Tesla hits over $460bn in market cap, seven times more than Ferrari, Porsche and Aston Martin combined

Tesla

The coronavirus outbreak has affected many industries, but the automotive industry is among the hardest hit. After carmakers stopped production and dealerships closed showrooms amid Covid-19 lockdown, global car sales slumped worse than ever before. However, the luxury car market was generally less affected by the financial downturn caused by the coronavirus pandemic. According to data presented by StockApps.com, the market capitalisation of the world’s most valuable car company, Tesla, hit over $460bn this week, almost seven times more than Ferrari, Porsche and Aston Martin combined.

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Ferrari and Lamborghini back in production

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The Ferrari F8 TributoFerrari

Italian supercar marques Ferrari and Lamborghini announced that their top-end vehicles went back into production during the first week of May.

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Ferrari to re-start car manufacturing on 14 April 2020

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Ferrari Re-starting Production

In a welcome bit of news for the original equipment business, on 27 March Ferrari N.V. announced that it plans to resume production on 14 April 2020.

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Tailor-made Pirelli tyres for Ferrari 488 Challenge Evo

Pirelli has presented the tyre that will equip the new Ferrari 488 Challenge Evo from the 2020 season onwards in all four Ferrari Challenge championships. The tyre is the Pirelli P Zero DHA, the product of some seven months of close collaboration between Pirelli and Ferrari engineers. The P Zero DHA is available in size 275/675-19 at the front and 315/705-19 at the rear.

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Pirelli supported Ferrari Challenge UK holds prologue test

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The new Ferrari Challenge UK has held a prologue test at Brands Hatch ahead of its first ever season. 20 Ferrari 488 Challenge cars in action on the Indy circuit at Brands Hatch, many of them being driven by their owners for the first time. The Ferrari Challenge UK is the first national championship to be operated by Ferrari, alongside its European, North American and Asia Pacific series: all with tyres supplied by Pirelli. The inaugural season features rounds at Brands Hatch, Snetterton, Croft and Silverstone.

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Goodyear launches ‘ultimate all-rounder’ and new super car tyres

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At the same time released its Eagle F1 SuperSport range, which is unashamedly pitched at the ultra, ultra-high performance segment (UUHP). The range is comprised of three tyres for the three main sub-sections of the UUHP segment – the Eagle F1 SuperSport, the SuperSport R and the SuperSport RS.

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Ferrari in pole position as world’s strongest brand

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Italian supercar manufacturer, Ferrari, has claimed the title of the world’s strongest brand, according to the latest Brand Finance Global 500 2019 report launching today at the World Economic Forum in Davos. Ferrari’s Brand Strength Index (BSI) score increased three points from 91.5 to 94.8 out of 100 over the past year, overtaking the likes of McDonald’s, Coca-Cola, Lego, and Disney. The iconic auto brand last held the title of the world’s strongest in 2014. Michelin and Bridgestone represented the tyre sector in the latest edition of the top 500 ranking.

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Bespoke Pirelli tyres for Ferrari’s first 21-inch fitment

The traditional collaboration between Pirelli and Ferrari continues with the development of bespoke P Zero tyres for the Maranello-based manufacturer’s Monza SP1 and SP2. The new Ferrari Monza models will wear Pirelli P Zero rubber in size 275/30 R21 at the front and 315/30 R21 at the back.

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Bridgestone: More than 100 OE tyre fitments in 2018

According to Bridgestone Corporation, its global investments in research and development are the highest in the industry – it invested more than £710 million in this area last year – and the company says they’ve paid off. As evidence, the tyre maker points to the more than 45 original equipment fitments it has landed on more than 15 vehicle models since the start of 2018. What’s more, over 60 additional fitments are expected to come by the end of this year.

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Ferrari chooses Bridgestone Potenza S007 runflat for Portofino convertible

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Bridgestone has been selected by Ferrari to supply optional runflat tyres (size 245/35ZRF20 (91Y) and 285/35ZRF20 (100Y)) for the 600-cv 2+2-seater Ferrari Portofino convertible sports car.

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Michelin Pilot Sport Cup 2 tyres for the New Ferrari 488 Pista

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Michelin has developed a new Pilot Sport Cup 2 K2 ultra-high performance tyre for Ferrari’s new 488 Pista supercar. The new model will run on 245/35 ZR20 (front) and 305/30 ZR20 (rear) sizes, with the tyre manufacturer’s latest generation road-legal track tyre co-developed specially with Ferrari.

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Pirelli supplies Ferrari Daytona event, new tyre sizes for Ferrari F488

Pirelli will supply a record number of tyres this weekend in Daytona, for the first Ferrari World Finals held in USA. The event, which brings together the European, North American and Asia Pacific editions of the Ferrari Challenge to elect a champion of champions, has previously taken place in Italy and Abu Dhabi. Pirelli adds that it has provided 15,000 tyres across this year’s 18 Ferrari Challenge events on nearly 700 cars on three continents. The World Finals comprises a series of races in equal Ferrari 458 Challenge Evos, and will mark the biggest presence Pirelli has ever had in the competition, with 5,382 tyres being supplied. As well as the Ferrari Challenge cars, there will be an appearance from Ferrari’s Formula One stars and a display of both historic and modern F1 cars.

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Emirates SkyCargo launches SkyWheels car-go service

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Emirates SkyCargo, the freight division of Emirates airline, has launched Emirates SkyWheels – a specialised transportation product for high value automobiles. Through its latest offering Emirates SkyCargo will provide customers a complete transportation solution for vehicles such as classic, luxury and sports cars, across its network.

Customers who would like to have their cars transported can choose between Emirates SkyWheels Premium and Emirates SkyWheels Advanced. Yes that’s right, even you car can choose which class to fly in.

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From Ferrari to Land Rover: Pirelli highlights new OE at Paris Motor Show

A number of the most eagerly-awaited cars debuting at the Paris Motor Show this month wear Pirelli rubber as original equipment, the Italian manufacturer reports. Pirelli tyres can be seen on two new Ferrari models and on the latest Audi Q5, Porsche Panamera and Land Rover Discovery. The latter three benefit from the Pirelli Noise Cancelling System, a sound-soaking sponge within the tyre that reduces tyre noise by two to three decibels – an amount equivalent to around half of all cabin noise.

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80 supercars line up at Salon Privé for Pirelli Prestige & Performance Competition

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Pirelli has unveiled the line-up for this year’s Pirelli Prestige & Performance Competition. The event, held at Blenheim Palace on 3 September, includes some of the greatest supercars of the last forty years. Aston Martin, Ferrari, Jaguar, McLaren, Mercedes-Benz, and Pagani will feature among 25 auto brands in eight different classes, while Lamborghini and Porsche have special celebration classes.

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