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LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.

Detroit auto show 2011: the CAR Live Blog from NAIAS

CAR's review of the 2011 Detroit auto show - By Ben Oliver 3.30pm: Ian Robertson drives onto the stage in a Team USA-liveried Mini CountrymanCountryman sales are 30% above projected orders with 12,000 sold since launch, and the maxi Mini is now on sale in the US too. Marketing chief Robertson says 2010 was the best sales year ever with 234,000 Minis sold worldwide and sales were 8.1% up in the biggest market, the US. Launched 10 years ago at Detroit, Mini now has over 300,000 American owners, or 'fans' as Robertson's Facebook-savvy scriptwriter says.3.11pm: Big waves at HyundaiBP Hyundai's American boss John Krafcik introduces the new Curb concept, a cool Juke-sized crossover, and then the lovely little Hyundai Veloster (below).

Aston Martin Slash 1/3rd of jobs

It’s getting silly out there. Aston Martin has this afternoon announced that it is to cut around a third of jobs at its Gaydon facility. That’s 300 full time and 300 part time.