AD #3561 – Ferrari Hits 20% Net Profit Margin; BMW Tells Thousands Not to Drive Their Cars; Tesla’s Sales Slide in China

May 5th, 2023 at 11:49am

Audio-only version:
Listen to “AD #3561 – Ferrari Hits 20% Net Profit Margin; BMW Tells Thousands Not to Drive Their Cars; Tesla’s Sales Slide in China” on Spreaker.

Follow us on social media:

Instagram Twitter Facebook


0:00 Ferrari Hits 20% Net Profit Margin
0:50 Porsche Boosts Q1 Earnings
1:23 Ford Hints At 3-Row EV Crossover
2:03 Tesla’s Sales Slide in China
2:43 VW & Shell Install Flexible, Fast Charging Station
4:20 BMW Tells 90,000 Owners Not to Drive Their Cars
5:12 LEVC Unveils New Open Source EV Architecture
6:26 Buick Introduces New Lacrosse in China
7:11 Bridgestone Reveals New Semi-Slick Race Tire

Visit our sponsors to thank them for their support of Autoline Daily: Bridgestone, Intrepid Control Systems, and Schaeffler.

»Subscribe to Podcast |

5661 rss-logo-png-image-68050 stitcher-icon youtube-logo-icon-65475

Thanks to our partner for embedding Autoline Daily on its website:

12 Comments to “AD #3561 – Ferrari Hits 20% Net Profit Margin; BMW Tells Thousands Not to Drive Their Cars; Tesla’s Sales Slide in China”

  1. Lambo2015 Says:

    So! are the BMW letters to not drive their cars a CYA move or stressing the importance of getting the warranty work done? Maybe a little of both, but I’m not sure if those letters dissolve BMW from any liability. It probably wouldn’t be so difficult to try and get people to come in and get the repairs done if dealerships also let you know how long the repair will take and if your provided a loaner. But often times it ends up being, Drop it off and should be a few hours. Then your told, Oh we didnt get to it and it’ll be done tomorrow. Or, Oh, your BMW is a 2000 and should have this long list of items preformed.. Yeah its 23 years old.

  2. Lew Says:

    EV charging with a unique battery storage system, low voltage grid, without the need of a special transformer. Sounds like Edison’s old DC current
    project. Tesla’s power banks on every street corner connected to parking meters could be another gold mine for Mr. Musk.
    VW and Shell better hurry up to be the first.

  3. Lew Says:

    How many of us Autoline follewers have use for semi-slick race tires. Raise your hands, shout out or coment please. My last high performance vehicle needed tires like that badly. Well past the age for them now.

  4. MJB Says:

    Funny you should mention the Takata airbags, Sean. Just last week I received my $114 class-action settlement check from Takata. This whole action was all kicked off so long ago that I don’t even recall whether I was automatically included or if I had to give my consent to receive a payout.

  5. ChuckGrenci Says:

    What I noticed when viewing the BMW airbag story was that I sure liked the older styling. Loved those classic lines; come on people, get your airbag fixed and enjoy your ride (and your safety).

  6. wmb Says:

    #5.) Love the styling of the older BMWs!

    The Farley’s comments of the two CUV/SUVs sounds like Ford speak, meaning ‘EVs are expensive and margins are thin already, so stick to what we do well and where there is currently little to no competition, so we will have better control of price! Then as build costs come down, then get to the do more in the two row market.’
    Farley’s comments seem to say two things:
    1.) They may be close to introducing that three row EV (maybe we’ll see a concept soon?).
    2.) Don’t expect a compact or midsize two row CUV/SUV to be their next EV introduction and don’t look for them for a while!
    Which might mean that when the EV equinox and Blazer, may be the only BEVs in that space from the Detroit Three for a minute. That is unless Jeep, Dodge or Chrysler has something in the works in the compact and midsize space, in the next few years.

  7. Kit Gerhart Says:

    I just hope GM can actually produce the Equinox and Blazer EVs. They seem to be having trouble getting Lyriq production up to speed. For now, Hyundai and Kia nearly own the compact CUV market in the US.

  8. Joseph C Says:

    I also love the look of those older BMW’s especially the 5 series

  9. Joseph C Says:

    I also love the look of those older BMW’s especially the 5 series

  10. Merv Says:

    3 I don’t have any need for semi slick tires,but I like keeping up with tire tech, as 2 of my 3 vehicles have perf tires on them.

  11. ChuckGrenci Says:

    Remembering the show(s) that addressed the dropping of AM radios from certain brands and models, I found this link that applies, and urges carmakers to maintain the service. For those interested in the link:

  12. Lambo2015 Says:

    11 Yeah I heard more grumbling on the radio last week about manufacturers dropping AM radio and the only real good argument for keeping it was the emergency broadcast system. Everyone gets Amber alerts on their phones so not sure why we cant get Emergency notifications the same way. I would think taking out a radio station isnt much different than a Cell tower.
    Either way they need to do a better job anyway as I was on a drive through Oklahoma in a nasty storm and the radio started blasting the sirens and warning of a tornado. Problem was I was on the highway and They were giving tornado warnings by county. I had no idea what county I was in as even road side signs dont typically tell you what county your in. So the Cell phone was more help than the radio.