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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.
Chrysler sues retailer for using 'Imported From Detroit' slogan
Thu, 17 Mar 2011Chrysler Group LLC wants a federal judge to halt sales of its "Imported From Detroit" T-shirts or other merchandise in a trademark infringement lawsuit filed against Detroit retailer Pure Detroit and its co-owners in U.S. District Court. This week the automaker filed suit against Moda Group LLC, which operates Pure Detroit's three stores selling Detroit-branded merchandise.
New Mercedes C-Class UK pricing & specs revealed – costs from £26,855
Tue, 04 Feb 2014The 2014 Mercedes C-Class (pictured) costs from £26,855 The new Mercedes C-Class for 2014 was revealed in December – looking like a proper baby S-Class – and now we get the specifications and prices for the UK market ahead of its arrival in Mercedes showrooms. To start, there will be just two engines available – 2.0 litre four-cylinder petrol in the C200 and 2.1 litre four-cylinder diesel in the C220 BlueTec – and a choice of six-speed manual and 7-speed auto boxes and three trim levels – SE, Sport and AMG Line. Mercedes say the new C-Class will be the best equipped in its sector, and all models come with a touchpad to control the Infotainment functions, Climate, Media Interface and Artico upholstery.