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How well is Ferrari really doing? Results analysed

Ferrari 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.

Lexus suspends sales of GX SUV in wake of magazine report

Lexus said Tuesday that it was putting a temporary halt to sales of the 2010 GX 460 after Consumer Reports said it found the SUV to be a safety risk and urged its readers not to buy the vehicle until it is fixed. The magazine hasn't branded a vehicle as unfit to buy in nearly 10 years. In a statement, Lexus general manager Mark Templin said Toyota Motor Corp.

A CAR reader’s festival ride in the Jaguar XKR 75

CAR reader Archie Robertson, from Hertfordshire, won a money-can’t-buy prize at the 2010 Goodwood Festival of Speed thanks to CAR Magazine and Jaguar: an XFR super saloon for the weekend and VIP tickets to Goodwood including an unforgettable ride up the hill. Archie and his wife Judy spent Friday at the Festival of Speed with Jaguar hospitality thrown in. But the highlight of the day was a ride in the new Jaguar XKR 75, sitting alongside Jaguar’s chief chassis guru and driving legend Mike Cross, as he slithered and rocketed up Lord March’s front drive.