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New Mercedes ML63 AMG (2012) revealed UPDATED: ML63 AMG video
Mon, 14 Nov 2011New Mercedes ML63 AMG (2012) revealed ahead of LA Show Just a five months on from the debut of the 2012 Mercedes M Class we now get the bonkers version revealed ahead of the 2011 Los Angeles Motor Show – the 202 Mercedes ML63 AMG. Teased last week on Mercedes’ Facebook page, the new ML63 is exactly what we expected from the quickest SUV Mercedes has ever produced. As expected the ML63 gets the new Mercedes twin-turbo 5.5 litre V8.In the ML63 it delivers 518bhp and 516lb/ft of torque enough, Mercedes say, to dispatch the 0-60mph sprint in a ridiculous 4.7 seconds and on to a limited 155mpoh top speed.
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.
Jaguar Land Rover boss dies (2008)
Mon, 21 Apr 2008Geoff Polites, Jaguar Land Rover CEO: 1948-2008 By Gavin Green Motor Industry 21 April 2008 06:53 Geoff Polites, who died yesterday aged 60, will go down as one of the great British car industry bosses. He took over as CEO of Jaguar Land Rover in September 2005, when the Jaguar half of the business was at its lowest ebb. Sales of the lame duck X- and S-types were fast evaporating; Jaguar was consistently failing to hit its financial forecasts; morale was poor.