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Europe’s economic problems sees UK become biggest Ferrari market in Europe
Fri, 02 Aug 2013The 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.
Fiat 500X compact crossover debuts: Paris 2014
Thu, 02 Oct 2014Fiat 500X compact crossover debuts The Fiat 500X is the latest member of the Fiat 500 family to arrive, and following a recent tease it’s debuted at the 2014 Paris Motor Show. Fiat has decided to go the same route with the 500X as they did with the 500 L by creating two models – a 500X for the city and a 500X for the country. The 500X gets the same family design as the rest of the 500 range and sits on the same platform as the new Fiat Punto and comes in at 4.25 metres long (the butch version is just a couple of centimetres wider) and 1.80m wide.
Supercar on a ski run: Jon Olsson goes nuts in his Rebellion R2K
Thu, 10 Apr 2014Well, here’s something you don’t see every day. Several somethings, in fact. That would appear to be a Le Mans-spec racing car driving up a ski run, being chased by a helicopter.