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How well is Ferrari really doing? Results analysed
Tue, 16 Feb 2010Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.
Chevrolet expanding into South Korea
Thu, 29 Apr 2010Chevrolet, the most famous and best-selling General Motors brand, will expand into South Korea in 2011, the automaker said on Wednesday. Enthusiasts in South Korea are in for a treat: At the Busan International Motor Show where the announcement was made, Chevy showed a Camaro, which will be one of the products offered. Last year, Chevy accounted for 44 percent of GM's global sales and saw a sales increase of 21 percent over the previous year.
Audi A7 & S7 Sportback facelift for 2015 MY revealed
Sat, 24 May 2014The Audi S7 (pictured) and A7 get a tweak or two for 2015 It’s four years since the Audi A7 arrived (and its more powerful sibling – the Audi S7 – arrived a month or so later), so it’s time for a tweak or two for Audi’s five-door swoopy coupe. The cosmetic changes for the A7 and S7 are not exactly overwhelming, with a new single frame grill at the front, new bumpers, new tailpipes and new lights. The usual facelift fodder.