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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.
News watch Jan 2011: today's auto industry news
Fri, 28 Jan 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourFriday 28 January 2011• Mazda has signed a deal to supply Nissan with its 5/Premacy MPV from May 2011. Nissan will sell a 'cleary differentiated' version of the people carrier in Japan (Mazda) • VW has begun construction of a new engine plant in Silao, Mexico.
Public service announcement: Cars and shaving don't mix
Mon, 02 May 2011Consider this a cautionary tale: Take care of your personal grooming before you get behind the wheel. A Florida woman caused a two-vehicle wreck because she was shaving her bikini line rather than watching the road when she plowed into the back of a pickup truck at 45 mph. As if texting while driving wasn't perilous enough.