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Jaguar to build R8 rival

[ad#ad-1] Jaguar has its problems, there is no doubt. Tata is struggling financially with its recently acquired Jaguar / Land Rover set-up, but then virtually every car maker has major problems at the moment. And yes, it has just laid off 450 staff, although this seems to be more about management rationalisation than shedding pure manufacturing jobs.

Europe’s economic problems sees UK become biggest Ferrari market in Europe

The 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.

Porsche 911 Speedster arrives +Video

The Porsche 911 Speedster will debut at Paris We were beginning to think that Porsche would keep the Porsche 911 Speedster under wraps until the Paris Motor Show kicks off proper next week. But in the end they couldn’t resist unveiling the big brother to the Porsche Boxster Spyder (a Speedster in all but name) with a week to go ’til Paris. We’ve been expecting the first 911 Speedster from Porsche in almost a generation since we first reported back in June that we would see the Porsche 911 Speedster rocking in for Paris, along with the 911 GTS.