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LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Jaguar takes on AMG with Special Ops division

By Phil McNamara Motor Industry 12 June 2014 16:02 Jaguar Land Rover today announced a new Special Operations division, tasked with launching 'extraordinary, outstanding' cars, according to the unit's boss John Edwards. It might sound like a crack commando team from a Hollywood blockbuster, and that's not a bad analogy. The Special Ops team will be a small, but growing unit able to react to niche product opportunities.

CDN-GM Interactive Design Contest 2012 finalists announced

The CDN-GM Interactive Design Competition judges have announced the winners of the competition's first phase ahead of the launch of the second phase. This year saw another batch of high-quality entries from all over North America and the judges were understandably hard-pressed to pick out just a handful in each of the four brand categories. The judges gathered at GM's Design Center at the automaker's headquarters in Warren, Michigan, where they whittled down the shortlist.