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State of Ferrari: Supercar maker evolves, strives for exclusivity in consumer age
Wed, 08 May 2013Ferrari means a great deal to a great many, but there are some things it is not--and will never be, says chairman Luca di Montezemolo. That means no full electric cars, four-doors and even fewer Ferraris. All of this is meant to preserve equity in the famous Ferrari brand, believed to be one of the most valuable in the world in any segment of consumer products.
European car sales crash
Fri, 16 Mar 2012Renault saw its sales fall 23.7 per cent in February Car sales across Europe have fallen nearly 10 per cent in the economic gloom, with Renault, Peugeot Citroen, Fiat and Opel the big losers. There’s been a big decline in new car sales across Europe in February, with monthly sales down almost ten per cent compared to 2011, and it’s the mainstream car makers who are suffering the most. Sales for Renault are down by a massive 23.7 per cent to 86,402, Peugeot Citroen did almost as badly with a drop of 16.5 per cent to 118,381 and Fiat suffered the same percentage drop with sales of 66,249 (Alfa Romeo sales actually fell by 28.5 per cent).
Peugeot i0n electric car at 2009 Frankfurt motor show
Tue, 08 Sep 2009By Tim Pollard First Official Pictures 08 September 2009 12:57 PSA is forging closer links with Mitsubishi; after the Outlander became the C-Crosser and 4007, now Peugeot has teamed up with the Japanese to launch the i0n – an electric car based on the electric Mitsubishi i-car. The zero-emissions Peugeot i0n (combines a zero with ions, geddit?) will go on sale at the end of 2010 and builds on the French company’s expertise with EVs stretching all the way back to 1995 when it launched the 106 Electric. It’ll go 80 miles on one charge of the lithium ion battery, making it ideal for urban commuting and short shuttles, says Peugeot.