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Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.

Mazda RX-8 gets an update – in Japan

Mazda has updated the RX-8 in Japan with new colours and extra equipment [ad#ad-1] Well, it does make sense to update your cars in your home market first, so the updates to the Mazda RX-8 for the Japanese market announced today are almost certain to come to UK cars before long. Just like the updates Mazda made to the MX-5 in Japan were followed by updates to the Mazda MX-5 UK spec car shortly after. Despite the fact that the Mazda RX-8 is not the best-selling car in the world, it does have an awful lot going for it.

Saab go back for another Chinese

Saab are saved (?) by Pang Da Auto There can’t be many companies in China who haven’t had Victor Muller banging on their door armed with a chunk of Saab stock in exchange for a hat full of Chinese currency. A couple of weeks ago we had the news that Saab had signed a deal with Chinese car Maker Hawtai for €120 million in exchange for a big chunk of Saab stock and lots of ‘joint’ venture. But that fell apart last week even before Victor Muller could get to consummate the marriage.