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Ferrari plans to sell fewer cars in 2013
Wed, 08 May 2013Ferrari boss Luca di Montezemolo has announced an unusual plan for the Prancing Horse: to sell fewer cars in 2013 than the 7000 it delivered in 2012. Speaking in Maranello, di Montezemolo stated that 'this is a far-sighted decision to strengthen our brand equity, from what I learned from Enzo Ferrari… We must resist people who say the competition will benefit from us making fewer cars… When others penetrate our markets, we are happy to meet this challenge.' Is Ferrari mad to chase fewer sales? It is not the first time that Ferrari has decided to limit supply: 'In 2003 we did the same,' explains Montezemolo.
At GM, the tail fin is back--but now it's a blade
Mon, 03 May 2010Tail fins are making a comeback at General Motors Co., although they are a far cry from the saillike appendages of the 1950s. And this time the company is calling them blades. The look, pioneered on the Chevrolet Volt to improve aerodynamics, will appear on other models to boost fuel economy, said Ed Welburn, GM's global design chief.
Chicago auto show: Ford Transit Connect van targets businesses
Mon, 09 Feb 2009The demise of the Freestar (more commonly remembered as the Windstar) minivan left Ford without a small cargo carrier it could pitch to business and fleet customers who didn't need the hugeness of the E-series van. That gap in the product lineup gets filled this summer with the front-drive Transit Connect van--a product Ford has been selling in European and Asian markets for six years. Ford rolls out the U.S.