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News

2025 Chevrolet Corvette ZR1 – the most powerful ever

For over seven decades, the Chevrolet Corvette has stood as a symbol of raw power, precision engineering, and timeless design. From its humble beginnings as a vision of post-war innovation to its current status as a global performance icon, the Corvette continues to push the boundaries of what a sports car can be. Now, the most powerful and fastest Corvette ever arrives, the Corvette ZR1.

Under the bonnet is a twin-turbocharged 5.5L DOHC flat-plane crank V8 engine with 1,064 hp (873 kW) @ 7,000 rpm and 828 lb-ft (1,123 Nm) of torque @ 6,000 rpm, paired with a strengthened and recalibrated M1K 8- speed dual clutch (DCT) gearbox. This Corvette (which is not assisted by the hybrid system) has a top speed of more than 340 km/h, and has a power-to-weight ratio of nearly 580 horsepower per ton, which makes it even better than the Bugatti Veyron.

The car is based on the Z06 model and is equipped with several new (optional) carbon body components optimized for speed and better grip on closed tracks. It’s mounted on 20″ front and 21″ rear carbon wheels wrapped in Michelin Pilot Sport Cup 2R tires, behind which are carbon-ceramic brakes and tuned adaptive suspension elements that still ensure enough smoothness for public road use. Chevrolet will offer this version to customers in two body styles: Coupé and Cabrio.

Also, Chevrolet has brought back the historic split-window style that was last seen on the C2-generation Corvette. “We didn’t approach this decision lightly, we know this is a beloved element from Corvette’s history. Not only does this element provide function, but we were able to integrate passionate design into the form and do it in a way that paid homage to Corvette’s history. The ZR1 felt like the right time to bring the split-window back,” said Phil Zak, executive design director, Chevrolet.

When it comes to the price, Chevrolet did not say how much the most powerful Corvette will cost. Some predict the price will be around $170,000.

Source: Chevrolet

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2025 Chevrolet Corvette ZR1 - the most powerful ever
News

Ferrari expanded crypto payment to Europe

In October 2023, Ferrari announced that buyers in America will be able to pay for their cars in cryptocurrency. The reason was that the manufacturer reaches people who are not necessarily buyers of our brand, but who can afford a Ferrari. Now the service has been extended to Europe.

When the first cryptocurrency (Bitcoin) was created in 2009, few believed that it would survive. Today, there are hundreds of different cryptocurrencies on the market, and many still think they have no future. Many manufacturers still do not believe them, but Ferrari tried its luck in America and succeeded.

In the US, Ferrari has reached an agreement with a bitcoin payment service provider (BitPay) to process payments in cryptocurrencies such as Bitcoin, Ether and USDC. This system protects traders from price fluctuations by instantly converting digital currencies into traditional currency. Also, the advantage is that there are no fees or additional payments for clients.

It was not mentioned when this system will become possible in Europe, and according to statements from Maranello, most dealers have already adopted or are in the process of adopting the new system. Of course, Ferrari will not limit this payment option only to Europe and America, because soon customers in other markets will also be able to use it.

Source: Ferrari

News

Stellantis could shut down some of its brands

Stellantis is one of the world’s largest conglomerates, created by the merger of Fiat Chrysler Automobiles and the French PSA Group, which owns 14 car manufacturers, and according to the latest information, it could happen that some of them will be shut down in the near future.

In an interview with Reuters, Stellantis CEO Carlos Tavares said that the company cannot afford to have brands that are not profitable. “If they’re not making money, we’re going to shut them down.” Speculations have already begun about which brands within the Group are at risk, while some are considered to have no reason to worry, such as Fiat, Opel, Peugeot, Citroen, Jeep and Ram. Lancia and DS have the best chance of being shut down in the near future.

Some believe that Stellantis could sell some of the brands and thus avoid a negative financial risk. This primarily refers to Maserati, Dodge, and Chrysler.

This way of thinking in the company is not surprising since the business results in the first half of the year are devastating. Since the beginning of the year, Stellantis shares have fallen by over 20%, net revenues are down 14 percent, and net profit is down 48 percent. Also, operating income fell by 40 percent. The reason is bad sales results in North America, where 18 percent fewer vehicles were delivered in the first six months than in the same period in 2023.

In some markets, such as the Middle East and Africa, sales of Stellantis vehicles increased (+3%), but this can be attributed primarily to good demand for Fiat cars.

Source: Reuters