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Europe’s economic problems sees UK become biggest Ferrari market in Europe
Fri, 02 Aug 2013The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.
Campaigners oppose CCTV parking camera ban
Thu, 10 Apr 2014CAMPAIGN groups have joined local authorities in warning against plans to ban CCTV parking cameras. The Local Government Association (LGA) and the groups are opposed to Government plans to stop councils from using CCTV to tackle dangerous parking outside schools. The cameras are being used to prevent drivers blocking bus lanes and loading bays and to stop pavement parkers posing a risk to disabled pedestrians.
British team, trusty Fiat Panda set new Africa run record
Mon, 11 Feb 2013The Fiat Panda driving team consisting of British rally drivers Philip Young and Paul Brace arrived in London today, setting a new record time for the 10,000-mile Cape Town, South Africa to London run in the process. With their time of 10 days, 13 hours and 30 minutes, the team managed to break two records: one for the Cape Town to London run and one for the run between the two cities (in either direction). The former previously stood at 14 days, 19 hours and 26 minutes, while the latter was 11 days, 14 hours and 11 minutes.