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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 bespokeĀ 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 ā¬1.22 million.
Mazda Motorsports names John Doonan director
Fri, 27 May 2011Mazda North American Operations on Friday promoted John Doonan to director of Mazda Motorsports, effective immediately. Doonan joined Mazda North American Operations in 2003 and worked in the company's advertising and marketing department. He became manager of motorsports team development before 2005.
BaT Euro Alfa Adventure -- Part 2 -- Seeing our 1964 Giulia Sprint GT for the first time
Thu, 19 Sep 2013Though the racing events were the original justification for this trip to Europe, the greatest anticipation was coming from picking up the Alfa Romeo. With Goodwood finished off, it was time to collect the 1964 Giulia Sprint GT that we had committed to buy just last week. We've never bought a car to bring back to the USA before, but we see it all the time on BaT and wanted to do it ourselves so that we could learn more about the details of such a transaction.