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How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.

JLR to build Range Rover Evoque & Jaguar XJ in India

The 2014 Range Rover Evoque (pictured) joins the Jaguar XJ as new Indian-built cars Jaguar Land Rover already bolt together the Land Rover Freelander and Jaguar XF in India, which explains why they are the best-selling models in JLR’s range in India. That’s because import duties for cars in India can be as much as 170 per cent, so building cars locally make them much more competitively priced. At the Delhi Auto Expo Ralph Speth, JLR’s CEO, confirmed plans to start building the Jaguar XJ in India (including the XJ with the 2.0 litre EcoBoost engine), despite the complexity of producing as complex a car as the XJ outside the UK.

Volvo will market entry-level car to rival VW Golf

Volvo plans to offer a Volkswagen Golf competitor as part of a plan to expand the automaker's product line. Speaking in London last week, new Volvo CEO Stefan Jacoby said the next generation of the entry-level Volvo “will be a derivation of the C30, a Golf competitor,” according to the Web site www.autocar.co.uk. He also said Volvo's brand positioning would shift toward “functionality and Scandinavian elegance” and away from sportiness, according to the Web site.