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Honda CR-Z – production ready at Detroit
Tue, 12 Jan 2010Honda has revealed the production-ready CR-Z at the Detroit Motor Show Honda are very keen to catch up with Toyota in the hybrid car wars. The Honda Insight was their answer to the Prius (although better looking it was even more woeful to drive than the Prius) and Honda are now looking to move in to the ‘Sporty’ Hybrid market with the Honda CR-Z. Honda revealed the CR-Z back in October at the Tokyo Motor Show, and did the usual new model think of labeling it as a concept.
Daimler and Renault-Nissan strike a global partnership
Wed, 07 Apr 2010Daimler today struck a wide-ranging partnership with the Renault-Nissan alliance, in a deal that will usher in new jointly developed cars, shared technologies and a multitude of cost savings. Cars such as the new 2014 Smart Fortwo will now be twinned with the next Renault Twingo, while the Forfour is set for a comeback and we can expect plenty of shared combustion engines and electric motors, borrowed platforms and jointly developed SUV tech across all three parties. And that's only scratching the surface of the possibilities opened up by this wide-ranging deal.
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.