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Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

Caterham Cars up production

Caterham Cars is increasing production as buyers opt for cheaper thrills. Now admittedly, Caterham increasing production is not going to turn the economy around – they make fewer cars in a year than VW make in an hour. But they are obviously doing something right.

Jaguar Land Rover open in India

Jaguar and Land Rover are to open for business in India Well, I suppose it was always going to happen. After all, Jaguar Land Rover (JLR), although still considered by most to be a traditional British car maker, is in fact owned by Indian Conglomerate Tata. And Tata has announced this morning that Jaguar Cars and Land Rovers are to go on sale in India.