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VW’s big jump in profits shows the cost for ‘Premium’ badges

Volkswagen’s profits jumped by £5.7 billion to £25.5 billion with sales numbers up by one million. But the big profits come from ‘Premium’ badges. What’s in a name?

Ferrari F70 (new Enzo) 2012 debut confirmed

Ferrari F70 - the new Enzo - 2012 debut Ferrari boss Luca di Montezemolo has confirmed the arrival of the new hybrid Enzo – the Ferrari F70 – before the end of 2012. Back in February we were able to report on what we can almost certainly expect from the new Ferrari Enzo (which will probably go back to the F40/F50 model designation as the F70), perhaps most importantly that it will have a hybrid powertrain and be revealed this year. That has now been confirmed by Ferrari boss Luca di Montezemolo as he reported on Ferrari’s sales performance.

Michael Schumacher vs the Nurburgring rollercoaster

Michael Schumacher vs the Nurburgring rollercoaster By Ben Barry First Official Pictures 17 July 2009 13:03 Michael Schumacher still holds the Nürburgring GP circuit’s lap record (1:29.468 back in 2004), but he’s never left the startline faster than he did last weekend – when he was strapped into the world’s fastest rollercoaster, subjected to 4.5g at launch and accelerated up to 135mph along 1212m of track. The rollercoaster – originally planned to open in Easter 2009 as part of a €215 million expansion plan – finally got the champers treatment at the German GP, and runs right next to the race track’s start/finish straight before spearing off into a number of tortuous twists and turns. How did the ’Ring people manage to get the former F1 world champ on board?