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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.
Nissan slashes 370Z price and adds hot Nismo model for 2013
Thu, 23 May 2013Nissan has given the 370Z a shot in the arm for its fourth year on sale, cutting the price of the entry-level model by £3,005, and adding a new range-topper: the upgraded 370Z Nismo. So just how cheap is a new 370Z now? You can get a base-spec coupe for £26,995, which comes with the facelifted front end (new bumper and LED running lights) plus new 18in alloys.
Volkswagen Touareg R50
Mon, 15 Oct 2007By Ben Pulman Motor Shows 15 October 2007 12:42 Let me guess…some fuel-guzzling, turbocharged behemoth? It might be a diesel, but yes, it’s still all of the above. Ths is VW’s new R50 and it’s the latest car from VW Individual, the same engineering group responsible for the Golf R32, Passat R36, and the Bluemotion range, including the Polo.