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LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too
Mon, 04 Aug 2014LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.
Honda Gives You Wings
Tue, 20 May 2014YOU might be more familiar with its cars and motorcycles, but did you know that Honda also made planes? If boat engines and quad bikes weren’t enough to keep the Japanese firm occupied, it recently embarked on a project to manufacture high-end business jets. With a base in America and more than a decade of research under its belt plus a small fleet of development aircraft, the company has announced that its first customer specification model is almost ready to fly.
News watch Sept 2012: today's auto industry news
Fri, 21 Sep 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourMonday 24 September 2012• Volkswagen has dropped its appeal in the brand infrigement case against former partner Suzuki. The spat dates back to 2004, when VW contested an approval allowing Suzuki to brand a variant of its Swift supermini as 'Swift GTi'.