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Europe’s economic problems sees UK become biggest Ferrari market in Europe
Fri, 02 Aug 2013The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.
Autoweek in review: Cadillac tests the ELR, we explore “automotive truisms,” and give thoughts on a 2012 Mercedes-Benz
Fri, 07 Sep 2012The upcoming Cadillac ELR was spotted on the road, testing in camouflage. Autoweek explores “Automotive Truisms” with an Aston Martin Vantage V12. Enjoy the sights and sounds of the Aston on-track.
Mercedes S-Class Convertible confirmed
Sun, 29 Sep 2013The Mercedes S-Class Convertible will be based on the S-Class Coupe (pictured) The new Mercedes S-Class has already arrived, and we’ve also got the new S-Class Coupe (in concept form, at least) with the next variant of the new S-Class now looking likely to be the Mercedes S-Class Convertible. We’ve known since 2011 that Mercedes were planning to chop the top off the S-Class for the first time since the W111 S-Class in the 1960s, but this is the first time anyone from Mercedes has officially confirmed it. Thomas Weber, Mercedes’ product development boss, has told Automotive News that the S-Class Convertible is on the way and will be based on the new S-Class Coupe.