Good morning and welcome to our daily digest of automotive news from around the globe, starting with…
GM’s Q3 2022 Earnings Beat Expectations Hitting A Record $41.9 Billion In Revenue
General Motors has managed to comprehensively beat Wall Street’s expectations, with an income of $4.3 billion and a global revenue of $41.89 billion for the third quarter of 2023. it comes following a post-pandemic period that featured lower sales due to disruption to parts supply but higher profits.
2023 Alfa Romeo Giulia And Stelvio Facelifted With Matrix LED Lights, Digital Gauges And Competizione Trim
The Alfa Romeo Stelvio SUV and Giulia sedan have been updated for the 2023 model year, with a set of matrix LED headlights, a recontoured Tribolo grille, and a 12.3-inch digital gauge cluster inside. The changes bring the models more in line with the Tonale small-SUV, while each individual car will also be issued with an NFT to keep a record of the car’s province and which, according to Alfa, may improve residual values.
1,204-HP Hennessey Venom 1200 Mustang GT500 Kicks Sand In Shelby’s Face
If you’re thinking the Hennessey Venom 1200 is some kind of Mustang on steroids, then, well, you’re absolutely right. It’s based on the Ford Shelby Mustang GT500, but with an extra 444 hp. That brings the total output for this monster up to 1,204 hp (1,221 PS) and 902 lb-ft (1,223 Nm) of torque when running on E85 fuel. It does so thanks to a higher-capacity 3.8-liter supercharger, high-flow induction system, new fuel rails and injectors, and a recalibrated seven-speed dual-clutch transmission.
Twitter Employees Get That Sinking Feeling As “Chief Twit” Elon Musk Arrives At HQ
Entering Twitter HQ – let that sink in! pic.twitter.com/D68z4K2wq7
— Elon Musk (@elonmusk) October 26, 2022
Elon Musk has completed a $44 bn takeover of the social media network Twitter. The entrepreneur and founder of Tesla tweeted late yesterday that “The bird is freed,” after turning up at Twitter HQ carrying a sink. According to BBC News, many top executives, including CEO Parag Agrawal, have already been fired.
Nissan Dealer Lashes Out Defending Z’s $130,000 Price, Asks “Why Should This Car Have No Markup?”
While we’ve already reported on Nissan dealers placing greedy markups on the supposedly affordable Z sports car, one dealership has decided to lash out against the criticism. His justification is lengthy (and questionable), so head over to the article to see what was said.
Tesla Cyberquad For Kids Recalled After Adult Tipped Over And Bruised Herself
Although the Tesla Cyberquad For Kids may have been one of the hottest Christmas gifts when it quickly sold out last year, it seems the joy will be short-lived for owners. The Cyberquad is being recalled after a 36-year-old woman with her eight-year-old child crashed it, with the adult bruising her shoulder. The U.S. Consumer Product Safety Commission now says that the ATV doesn’t meet safety standards, and as a result, owners should immediately stop using it and expect a full refund.
BMW M3 And M4 Get A Nosejob By Adro’s Ex-Mercedes And Rivian Designer
Time hasn’t softened the M3 and M4’s polarizing looks, which means that the aftermarket community has done its best to offer customers different options for that gaping snout. Adro is the latest to throw its hat into the mix, and instead of tweaking the inside of the grille, have decided to create a new bumper that closely follows the original design language. The new grille is 10 percent smaller, has been reshaped to give a shark-nose appearance, and includes reshaped lower bumper intakes. What do you think?
What Else Is Making The News
Apple Confirms Switch To USB-C For iPhone
Apple has finally relented in the face of European Union legislation that will mandate the company to supply their future iPhones with USB-C charging ports. The move was confirmed to the Wall Street Journal, with Apple’s senior VP of worldwide marketing stating that the company has no choice but complying.
Bono Takes Full Responsibility For Forcing Album Upon Apple Users
Reading an excerpt from Bono’s memoir. My heart is racing pic.twitter.com/EgUuPGzyZt
— Brooks Otterlake (@i_zzzzzz) October 22, 2022
U2 frontman Bono has apologized again for the time the band gave away their 2014 album, “Songs of Innocence” to every Apple iPod user. The move has been one of the most controversial ones, and was derided by many at the time, who had no interest in the album. The excerpt comes from Bono’s new memoir, “Surrender: 40 Songs, One Story.”