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Ferrari posts huge profits - by building fewer cars

AP Ferrari today announced an 8% jump in trading profits to €363.5 million in 2013 - despite selling 5% fewer cars. It's all part of the supercar maker's planned reduction in supply to keep values and demand for Ferraris rock-solid, Maranello reported. Turnover and profit all surpassed previous records, despite the reduction in the number of cars built.

Ford Fiesta “Centura” – 100 years of Ford UK

Ford Fiesta Centura Ford isn’t a British company – even if many of us think of Ford as a patriotic buy – although they’ve been in the UK for 100 years. And to celebrate that landmark they’ve revealed the Ford Fiesta Centura, a limited edition of just 1,000 cars. Based on the Fiesta 1.25 Zetec, the Fiesta Centura gets £600 worth of extras – metallic paint (Panther Black only), chrome mirrors, 16″ alloys, auto lights and wipers, rear parking sensors, reversing camera and LED running lights – and costs £13,395 for the three-door and £13,995 for the five door.

Bahrain Grand Prix: Rosberg takes pole for Mercedes

So much for the 2013 Mercedes being uncompetitive. Nico Rosberg put in a strong performance in Bahrain in qualifying for tomorrow’s F1 race, beating Sebastian Vettel in to second place and Fernando Alonso in to third. But whether this was a qualifying ‘special’ from Mercedes we won’t really know until tomorrow.