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How well is Ferrari really doing? Results analysed
Tue, 16 Feb 2010Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.
Ssangyong C200 at the Seoul motor show 2009
Thu, 02 Apr 2009By James Foxall Motor Shows 02 April 2009 14:49 What’s new on Ssangyong’s Seoul motor show stand?There was palpable relief on the Ssangyong stand in Seoul as the motor show press day followed a company conference where its rejuvenation package had been outlined to worried importers. This is being led by the C200, a Nissan Qashqai-style crossover SUV that will come in both two -and four-wheel drive formats. Production of Ssangyong’s first ever monocoque car starts in November 2009 and it’ll be on sale in the UK for March 2010, promising a cheap alternative to traditional makers.
Porsche Panamera V6 (2010 / 2011) revealed +video
Tue, 16 Feb 2010The Porsche Panamera V6 will debut in April at the Beijing Motor Show A year on from the launch of the Porsche Panamera in China last year, Porsche has revealed that the Porsche Panamera V6 will join the Panamera lineup and – in yet another sign of the importance of the Chinese market – will be revealed at the Beijing Motor Show in April. The Panamera V6 comes with either rear wheel drive – the Porsche Panamera – or 4WD – the Porsche Panamera 4 – and gets a new 3.6 litre V6 petrol lump producing 300bhp and 295lb/ft of torque. Fitted with Porsche’s PDK ‘box both models get stop/start to trim emissions and improve economy.