This week, Ferrari made big headlines with the release of a Fiorano lap time for the SF90 XX Stradale, which broke records as the fastest road-going Ferrari. This doesn’t come as a surprise, considering the SF90 XX Stradale is also the most powerful road-going Ferrari ever produced.
In other Ferrari news, a 1962 Ferrari 330 LM made waves by setting a new record for the highest price paid for a Ferrari at auction. The car, one of only two examples built, is a rare and coveted piece of automotive history.
Moving on from Ferarri, the automotive industry saw some interesting developments this week. One of the most significant announcements came from Genesis, which introduced a coupe-like option for its GV80, set to hit showrooms in 2025 as a 2025 model. The update includes styling tweaks, a new dash, and new color and wheel options for the regular GV80 model.
Mercedes-Benz also made a big impact with the release of the redesigned 2024 AMG GT, a larger and more sophisticated offering. The new model features standard all-wheel drive, 2+2 seating, and a spacious trunk.
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On the electric vehicle front, Volkswagen’s new ID.7 electric hatch gained attention as it entered the market, aimed to fill the void of the Passat in VW’s U.S. lineup. The company has also teased the release of a wagon option, which may or may not make its way to the U.S. market.
EV startup Lucid also made waves by unveiling its first SUV, the Gravity, which boasts seating for up to seven and more range than any other electric SUV currently on the market.
Not to be outdone, Volvo revealed an electric minivan named the EM90, designed specifically for the Chinese market but with potential for expansion to other regions.
Lastly, the Chinese EV brand HiPhi made a significant impression with the introduction of its four-door hatchback, powered by a trio of electric motors generating an incredible 1,287 hp. The company claims this powerhouse can accelerate from 0-60 mph in about two seconds and reach a top speed approaching 186 mph.
Overall, the automotive industry experienced a week of exciting developments and record-breaking achievements, showcasing the evolution and innovation within the industry. These advancements demonstrate the ongoing commitment to pushing boundaries and redefining the future of transportation.
