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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.
Rolls Royce 102EX: Electric Phantom revealed
Tue, 01 Mar 2011Electric Rolls Royce Phantom Rolls Royce has taken the wraps of its experimental electric Phantom at Geneva – Rolls Royce 102EX – and they certainly haven’t done things by halves. Rolls Royce engineers have taken the regular engine out of the Phantom and replaced it with a pair of electric motors rated at 145 kWh and possibly the biggest lithium-ion battery bank on four wheels. The Phantom EV uses five lithium-cobalt-manganese-oxide (or NCM) pouch cells which form the shape of the engine and live under the bonnet.
AA urges private parking regulation
Fri, 11 Jul 2014PRIVATE LAND parking enforcers are "free to reap any and every parking infringement," despite recent legislation, according to the AA. Highlighting findings of the new Parking on Private Land Appeals (Popla) body, the AA said the requirements of the 2102 Protection of Freedoms Act were not always being observed. Popla's report for 2013/14 said some private parking operators were acting outside some statutory provisions of the Act in their pursuit of those who they think have offended.