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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.

Toyota Yaris Trend & Yaris Edition launched

Toyota has launched a pair of special editions for summer – the Yaris Trend and Yaris Edition – with cosmetic tweaks. Not content with flogging 100 units of the Toyota Yaris Hybrid to Europcar, Toyota are intent on mopping up more sales with the launch of a couple of special editions – the Toyota Yaris Edition and Toyota Yaris Trend. Both special editions get a blacked-out C-Pillar and privacy glass to give the illusion of a floating roof, a choice of Tyrol Silver or Cirrus White paint and a three or five-door body.

Ferrari 458 Italia launches at Frankfurt

The Ferrari 458 Italia officially launched today at Frankfurt The styling is a little subjective; it’s very much of the time. To us it looks fantastic, and if the 458 wallpaper downloads from Cars UK are anything to go by, you feel the same. We know how quick it is – 0-60mph in around 3.4 seconds and over 200mph – and we know all about the toys and the new dash.