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How well is Ferrari really doing? Results analysed

Ferrari 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.

BMW launches mobile app for gaming, social media

BMW is launching a multipurpose mobile application called the "Ultimate Drive" for social-media users and gamers. The app helps users find the best roads to drive in more than 50 countries. It enables them to then rate those roads and comment about them via Facebook, e-mail or other GPS devices.

Mini catches a wave with Airstream trailer concept

Car companies are known for claiming their designs are inspired by racing or aviation themes. Mini is going in a different direction: the beach. The diminutive small-car maker has released more details on a design study that mates a modified Mini Cooper S Clubman with a 22-foot long Airstream trailer under a watersports premise.