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UK Ferrari sales outstrip entire Middle East

ITALIAN supercar company Ferrari raced to a record year in 2013 on the back of expanding UK sales, selling more cars in Britain than in the Middle East and Africa combined. As a result the company made an all-time high net profit of 264 million Euros (£217 million) - a 5.4% rise on 2012. A total of 677 Ferraris were sold in the UK, with the nation overtaking Germany as the company's strongest European market and leaving the oil-rich states trailing.

Mercedes signs joint venture to build carbonfibre parts

Not to be outdone by BMW’s joint venture with the SGL Group to manufacturer commercially viable carbonfibre-reinforced plastic (CFRP) for the electric Megacity Vehicle, Mercedes has announced a joint venture with Japanese company Toray Industries to manufacturer and market its on CFRP automotive parts. The deal was signed in Germany today, with Toray taking a 50.1% stake, Daimler holding 44.9% and the remaining 5% being taken by other shareholders. The two companies started working together in March 2010, and while Toray has been working on the materials and moulding processes, Merc has designed the automotive parts and the technologies to join the parts together.

Alfa Romeo 4C production version revealed ahead of Geneva debut

The production version of the Alfa Romeo 4C has finally been revealed ahead of a launch at the 2013 Geneva Motor Show in March. It’s been clear since December – when Alfa teased the 4C – that we would finally get a proper production version of the first proper Alfa sports car in as long as we all care to remember. And, as far as we can see, the production Alfa 4C is pretty faithful to the concept.