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How well is Ferrari really doing? Results analysed
Tue, 16 Feb 2010Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.
Top-Selling Fiesta Earns Best Used Car Award From CAP
Thu, 10 Oct 2013THE FORD Fiesta, Britain’s best-selling car, has been declared Used Car of the Year 2012 by car valuation experts CAP. Top of CAP’s criteria when choosing its Used Car of the Year were affordability, practicality, reputation and popularity in the used car market. Commenting on its decision, Mark Norman, of CAP, said: “It is always tempting for the motoring media and other industry observers to take ‘the petrol head’ approach when giving awards to cars which excite them, but the CAP Used Car of the Year Award recognises the contribution a car makes to both consumers and dealers.” Ford’s Fiesta continues to top the UK sales charts and the range is being further strengthened by the arrival of new models featuring class-leading fuel economy from six powertrains with CO2 emissions under 100g/km, as well as innovative new driver assistance and safety features.
Mercedes-Benz A-class gets the AMG treatment
Tue, 12 Jun 2012Mercedes-Benz has confirmed limited details about its most affordable performance model to date, the A45 AMG. Set to go on sale in Europe in early 2013, the rival to the Audi RS3 and the BMW M135i sits at the top of the third-generation A-class lineup. The price, although not yet officially revealed, is expected to start at about 50,000 euros, or $62,400 at current exchange rates).