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Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

UK car sales up 11% in May (2013)

The Ford Fiesta (pictured) was again the best selling car in the UK The rise and rise of new car registrations in the UK continues to defy the rest of the economy, with figures up in May 2013 by 11 per cent year on year, and private sales up a massive 20.9 per cent to levels last seen in 2007. It’s the fifteenth month in succession new car registration have risen in the UK, with sales for May at 180,111 and total sales to date in 2013 hitting almost 1 million units, at 948,666. The SMMT think the big jump in private registrations is down to a number of factors, including cars bought under the scrappage scheme now being traded in for a new car, strong incentives from car makers and the promise of new cars offering lower running costs, and they’re probably right, although there are other factors in play too.

Hyundai opens new Flagship Showroom

Hyundai has opened a new flagship showroom in Romford, Essex, boasting the largest showroom of any UK Hyundai dealers. Deep in the heart of south Essex lies a golden triangle – bounded by Romford, Brentwood and Chigwell – where the wildlife sports orange plumage and fluorescent teeth and endless worker ants stream in to the great metropolis down the A12 to earn a crust in their daily grind. What better place to park a thumping great dealership than in the path of Towie money and commuter traffic thought Bill Cook, Director of Hyundai dealers Essex Motor Company.