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Ferrari posts huge profits - by building fewer cars

AP Ferrari today announced an 8% jump in trading profits to €363.5 million in 2013 - despite selling 5% fewer cars. It's all part of the supercar maker's planned reduction in supply to keep values and demand for Ferraris rock-solid, Maranello reported. Turnover and profit all surpassed previous records, despite the reduction in the number of cars built.

Is this a tease for the Pagani Huayra Roadster? (video)

Pagani has released a tease for what we assume is a reveal at the 2013 Geneva Motor Show. Could this be the convertible Huayra – the Pagani Huayra Roadster? Unbelievably, it’s now two years since Cars UK exclusively revealed the first ever photo of the Pagani Huayra, Pagani’s replacement for the car that turned Pagani from a wannabe garden shed car cobbler together to a credible maker of ultimate supercars – the Pagani Zonda.

Chrysler performance guru Dan Knott dies at 51

Chrysler senior vice president Dan Knott emerged as an unquestioned powerbroker in the industry, deftly navigating the flying circus that can be automaker-supplier relations. But enthusiasts of all stripes owe Knott a debt of gratitude, as he was a performance guy long before he became a well-known industry executive. Knott, 51, died April 29 after a battle with cancer.