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Want a 28% return on investment? Buy a Classic Ferrari.
Mon, 29 Oct 2012The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.
Holden to stop making cars in Australia
Fri, 13 Dec 2013Fresh from the news that General Motors (GM) will be pulling its Chevrolet brand out of mainstream markets in Europe, the automotive giant has now confirmed that its Australian subsidiary, Holden, will stop making cars Down Under by the end of 2017. It’s further bad news for GM, but even more so for the 2,900 Australian people who are set to lose their jobs as a result of the closure. And it’s a sad and disappointing end for the famous Holden marque, which can trace its history back as far as 1856.
Jaguar XE is the new small Jaguar: Geneva Motor Show (video)
Tue, 04 Mar 2014First photo of the Jaguar XE Jaguar has revealed this morning that its new smaller Saloon will be the Jaguar XE, and that its new range of engines will be the Ingenium. Beyond that, we don’t get a lot more than we already know. Heading for an arrival in 2015, the Jaguar XE (we always doubted the commonly accepted Jaguar XS moniker) will be the first car in its segment to have an aluminium monocoque and, say Jaguar, is set to be the most advanced and efficient sports saloon in its sector and will be the first production Jaguar using the new aluminium architecture used for the Jaguar C-X17 SUV Concept.