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Europe’s economic problems sees UK become biggest Ferrari market in Europe

The 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.

Toyota TS030 Hybrid (2012) first pics of new Le Mans racer

Toyota has unveiled its new Le Mans challenger, the TS030 Hybrid. The TS030 name designates this car as the successor to the TS010 and TS020 (better known at the GT-One) which competed at Le Mans in the 1990s – TS stands for Toyota Sport. What?

Land Rover starts voyage of Discovery with Virgin Galactic (2014)

By Phil McNamara First Official Pictures 15 April 2014 09:30 Land Rover took a giant leap in New York last night, unveiling a concept car vision of the new Discovery family and announcing a partnership with Virgin Galactic. The Discovery was revealed on the deck of the USS Intrepid aircraft carrier alongside Virgin's SpaceShipTwo, the rocketship charged with making space tourism a commercial reality. Land Rover's SUVs will be the taxi of choice for budding, wealthy astronauts, attending Virgin's New Mexico base for training and space flights.