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Ferrari plans to sell fewer cars in 2013
Wed, 08 May 2013Ferrari boss Luca di Montezemolo has announced an unusual plan for the Prancing Horse: to sell fewer cars in 2013 than the 7000 it delivered in 2012. Speaking in Maranello, di Montezemolo stated that 'this is a far-sighted decision to strengthen our brand equity, from what I learned from Enzo Ferrari… We must resist people who say the competition will benefit from us making fewer cars… When others penetrate our markets, we are happy to meet this challenge.' Is Ferrari mad to chase fewer sales? It is not the first time that Ferrari has decided to limit supply: 'In 2003 we did the same,' explains Montezemolo.
Obama vows to help rebuild industry to compete, win
Wed, 25 Feb 2009President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.
2012 BMW M6 Coupe & M6 Convertible first video & new pictures
Tue, 14 Feb 2012New video and new photos of the 2012 BMW M6 Coupe and Convertible The 2012 BMW M6 was revealed at the weekend, and today we have the first videos of the coupe and convertible, and new photos too. As is their wont, BMW choose Sunday morning to reveal the new M6 – as the BMW M6 Coupe and BMW M6 Convertible – with plenty of photos and most of the detail. Now, just 48 hours on, BMW has managed to come up with a pair of short promotion videos – one for the M6 Coupe and one for the M6 Convertible – and some extra photos.