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Tesla plans to launch Nissan Leaf fighter in 2016
Wed, 05 Jun 2013Tesla Motors will launch its smaller electric sedan in late 2016, with a range of at least 200 miles and a price point "half" of the flagship Model S, Tesla CEO Elon Musk said. Musk's timeline, range and price announcement is the most definitive data so far regarding the so-called "Gen III" vehicle. The current Model S starts at $62,400, meaning the Gen III car will start at about the same price as the Nissan Leaf SV and have triple the real-world range.
Europe’s economic problems sees UK become biggest Ferrari market in Europe
Fri, 02 Aug 2013The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.
Celebrity chef Guy Fieri's stolen Lamborghini recovered a year later
Tue, 01 May 2012While it might seem that a thief disappearing into the night with a celebrity's Lamborghini would be something out of a Nicholas Cage movie, it proves that truth sometimes is stranger than fiction. In May 2011, someone broke into the British Motor Car Distributors dealership in San Francisco one night and drove off with a yellow 2008 Lamborghini Gallardo Spyder. The Lambo, owned by celebrity chef and friend of Autoweek Guy Fieri, was seemingly lost forever.