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UK Ferrari sales outstrip entire Middle East
Wed, 19 Feb 2014ITALIAN supercar company Ferrari raced to a record year in 2013 on the back of expanding UK sales, selling more cars in Britain than in the Middle East and Africa combined. As a result the company made an all-time high net profit of 264 million Euros (£217 million) - a 5.4% rise on 2012. A total of 677 Ferraris were sold in the UK, with the nation overtaking Germany as the company's strongest European market and leaving the oil-rich states trailing.
Porsche Panamera to debut at Shanghai
Mon, 05 Jan 2009Porsche Panamera will debut in Shanghai in April It’s a sign of the growing importance of the Chinese market that Porsche has chosen to launch the car officially in China. Even the Chinese car market is suffering at the moment, but the simple fact is that with such a huge population, and a Chinese DNA that seems to predispose them to commerce now they are allowed to ‘Trade’ once again, there will probably be more potential Porsche buyers in China in the next 10 years than in the rest of the world combined. So suck-up now seems a good motto.
Local Motors reveals 3D-printed car design
Mon, 09 Jun 2014Local Motors has chosen the design it will 3D-print during the course of the International Manufacturing Technology Show (ITMS) in Chicago, IL, which runs from 8-13 September. Called Strati, the concept was judged the best entry in Local Motors' first 3D Printed Car Design Challenge. It was created by Italian designer Michele Anoé, and his design 'will inform and influence' the car to be printed during the course of the ITMS.