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Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.

Top 5 hatches of the 2014 Geneva motor show

By Ollie Kew First Official Pictures 05 March 2014 11:00 There’s a wildly diverse crop of new hatches at the 2014 Geneva motor show: a rear-drive city car, a firecracker of a crossover, new concept cars and even a lap time world record holder. Here are CAR’s Top 5 hatches of the 2014 Geneva show – and the customary dishonourable mention… The Mazda Hazumi concept is essentially what the new Mazda2 will look like when it hits showrooms – and it’s set to give the mainstream makes a proper fight. Mazda isn’t just on a styling roll of late – even the Mazda3 and Mazda6 are arguably the most handsome cars in their respective classes – but are building cars that are sensibly priced, affordable-to-run and damn good fun to drive.

Chrysler beefs up holiday incentives

Chrysler, seeking to boost sales after a dismal October, launched a major new incentive campaign Friday. Chrysler timed the announcement so dealers could place ads in their local media outlets over the weekend and ahead of the Thanksgiving holiday period. The incentives take effect today and run through Jan.