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Europe’s economic problems sees UK become biggest Ferrari market in Europe

The 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.

Porsche Panamera Sport Turismo on the move (video)

As a clear sign that the Porsche Panamera Sport Turismo is heading for production, we have a new video of the Sport Turismo in detail. That view is reinforced with the arrival from Porsche of video of the Panamera Sport Turismo on the move and input from a pair of talking heads – Advanced Design Style man Mitja Borkert and Michael Mauer, head of the Porsche Design Studio – giving us an insight in to the thinking behind the Sport Turismo. ‘Good design is important, because everyone loves beautiful things’, says Mitja Borkert, although some would say that function has been more important than form for Porsche in the past.

Dramatic design on tap for next-generation model

Jaguar’s next-generation XJ luxury sedan will incorporate design features from the C-XF concept first shown at Detroit, AutoWeek has learned. Although prototypes captured by spy photographers are disguised with BMW-style grilles, the face of the new 2010 XJ will feature Jag’s gaping square grille and a curvaceous body with a rakish, coupelike rear window. The final XJ incorporates slim headlights with double-projector lenses that are very close in design to those revealed on the dramatic C-XF shown at the 2007 North American International Auto Show.