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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 bespoke 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 €1.22 million.
New 2014 Citroen C1 priced from £8,245 in UK
Wed, 12 Mar 2014Fresh from its debut at the 2014 Geneva Motor Show, Citroen has revealed that prices for its new C1 city car will start from £8,245 when it goes on sale in July. For that price, buyers will get the entry-level C1 Touch with the 1.0-litre VTi, 68hp engine. Touch is the lead-in trim level and includes remote central locking, electric front windows, six airbags, an MP3 compatible audio system, a USB socket and LED daytime running lights.
Spoken street names useful in navigation units, magazine says
Mon, 01 Nov 2010If you're in the market for a portable navigation unit, features such as spoken street names and reality view/lane assist are worth the money while traffic information, connected services and voice recognition are not as essential, says Consumer Reports magazine. Less expensive navigation models are even offering the service via which the unit will speak the names of streets or highway numbers rather than telling drivers to merge or turn in a specific direction. Reality view/lane assist is a feature commonly packaged as one that displays three-dimensional views of exits, signs and intersections as well as the best lane to be in for upcoming driving maneuvers.