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Ferrari plans to sell fewer cars in 2013

Ferrari boss Luca di Montezemolo has announced an unusual plan for the Prancing Horse: to sell fewer cars in 2013 than the 7000 it delivered in 2012. Speaking in Maranello, di Montezemolo stated that 'this is a far-sighted decision to strengthen our brand equity, from what I learned from Enzo Ferrari… We must resist people who say the competition will benefit from us making fewer cars… When others penetrate our markets, we are happy to meet this challenge.' Is Ferrari mad to chase fewer sales? It is not the first time that Ferrari has decided to limit supply: 'In 2003 we did the same,' explains Montezemolo.

Jaguar Land Rover strong September sales thanks to Evoque & XF 2.2

JLR Sales up in September thanks to XF 2.2 & Evoque We’ve had cause to take Jaguar Land Rover (well, Jaguar) to task lately for disappointing sales, particularly in the US and the UK. So it seems only fair, after dishing out disapprobation, that we should balance that with a story about a decent set of sales figures for JLR in September, especially in the face of weakening sales from other manufacturers in the UK. Unsurprisingly – although how long it will last is debatable – China was the strongest performer for Jaguar, certainly in percentage terms, with a rise of 156 per cent for Jaguar and 85 per cent for Land Rover and year on year figures up 60 per cent.

Anniversary-edition Shelby Cobra sells out within 48 hours of its debut

All 50 copies of the 50th Anniversary Shelby Cobra Street Car sold out within 48 hours of its official introduction, Shelby American said on Monday. The car was unveiled during the Barrett-Jackson Auction on Jan. 21 in Scottsdale, Ariz.