Big news in the automotive world! 🚗

Brembo, a leading Italian brake manufacturer, is acquiring Öhlins, a renowned Swedish suspension company, for a whopping $405 million!

This strategic move aims to solidify Brembo's position as a top "Solution Provider" in the industry, particularly in the integration of cutting-edge braking and suspension technologies.

What are your thoughts on this major acquisition? 🤔

Nio is making moves in the MENA market. The company has opened its first pop-up store in Abu Dhabi, showcasing its premium electric vehicles.1 This expansion is part of a joint venture with CYVN Holdings to establish Nio MENA.2 The company is also planning to open a permanent showroom and introduce battery-swap technology to the region.34 These developments are positioning Nio as a major player in the growing Middle East EV market.

Read our full article: https://drivemarket.io/nio-opens-first-pop-up-store-in-the-middle-east/

Listen to the latest episode of DriveMarket News to learn about the Magnum MK1, Abu Dhabi Police’s new autonomous patrol car. We discuss its advanced features and what it means for the future of law enforcement.

Read our full article: https://drivemarket.io/abu-dhabi-police-unveils-magnum-mk1/

The $3.9 million Ferrari F80 has already sold out, proving the enduring allure of this legendary brand.1 This hybrid hypercar boasts 1184 hp, a top speed of 217 mph, and a 0-62 mph time of just 2.15 seconds!4 The future of performance is here!

Read our full coverage here: https://drivemarket.io/ferrari-unveils-the-f80-a-3-9-million-hypercar/

Lucid Group just launched a $1.67B public offering! 🤑 The EV company's stock fell 15% following the announcement.2 Lucid plans to use the funds for general corporate purposes, including working capital and capital expenditures.

The wait is almost over! The 2025 Porsche 911 GT3 makes its global debut on October 18th. Will it break the previous Nürburgring lap record? Will it go hybrid? 🤔

Full DriveMarket Article: https://drivemarket.io/porsche-to-debut-new-911-gt3/