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Ferrari posts huge profits - by building fewer cars

AP Ferrari today announced an 8% jump in trading profits to €363.5 million in 2013 - despite selling 5% fewer cars. It's all part of the supercar maker's planned reduction in supply to keep values and demand for Ferraris rock-solid, Maranello reported. Turnover and profit all surpassed previous records, despite the reduction in the number of cars built.

Mopar offers pickup conversion for the Jeep Wrangler Unlimited

Off-road king Jeep is offering a new kit that transforms a four-door Jeep Wrangler Unlimited into a two-door Jeep pickup truck. The Mopar JK-8 kit will cost $5,499. The kit can be installed by a dealer, according to Jeep, or by skilled shade-tree mechanics.

New car sales in UK still growing – up 14.8% April 2013. Driven by PPI Claims?

It is quite hard to fathom just how UK new car sales (well, registrations) continue to rise inexorably against a backdrop of otherwise stagnant economic activity, but they do. April 2013 has seen a total of 163,357 new car registrations, up a huge 14.8 per cent on April 2012 and the best figure since 2008, and these sales figures are not being driven by fleet buyers but by private motorists – private sector registrations grew by 32.3 per cent in April and are up by 15.2 per cent year to date. Not surprisingly, it’s the Superminis that are performing strongly – although all sectors are showing a rise – and it’s the Ford Fiesta that continues to be the best seller in the UK with sales of over 8,000 in April and over 42,000 so far in 2013, and the rise of superminis has also seen an increase in sales of petrol-engined cars thanks to the wave of small capacity, frugal petrol options.