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First Lamborghini Huracans making £30k premiums
Fri, 11 Apr 2014Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.
Maybach coupe set for limited production
Fri, 21 May 2010German-based engineering specialist Xenatec has announced plans for an exclusive new Maybach coupe to rival the Bentley Brooklands and the Rolls-Royce Phantom Drophead Coupe. The new two-door, which will ride on the same underpinnings and draw power from the same engine as the Maybach 57S, is planned to be built in a limited run of 100 cars at the company’s workshop in Weinsberg, Germany, all with the blessing of Maybach parent company, Daimler. Daimler has carefully followed the car’s development and will supply built-up 57S chassis from its nearby Sindelfingen-based manufacturing headquarters.
Bankruptcy will delay Chrysler's 2010 model launches, exec says
Mon, 04 May 2009Chrysler LLC will be late getting its 2010 vehicles to market because of the automaker's Chapter 11 bankruptcy filing, Chrysler manufacturing chief Frank Ewasyshyn testified today. The current shutdown of plants and stresses on suppliers also threaten to delay the 2011 models next year, Ewasyshyn said. The changeover to 2010 models is delayed while Chrysler tries to emerge from bankruptcy within the next 30 to 60 days, he said.