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Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.

Car insurance premiums 'too high'

CAR INSURANCE premiums are too high and should be reduced through far-reaching reforms, the competition watchdog said today. The Competition Commission believes that too many drivers are footing the bill for unnecessary costs incurred during the claims process following an accident. These costs are initially borne by the insurers of at-fault drivers, but they feed through into increased insurance premiums for all drivers.

Mercedes S-class facelift and S400 Hybrid unveiled

By Tim Pollard First Official Pictures 14 April 2009 11:02 Some cars dominate their segments – and Mercedes’ S-class is one such car. It’s the essence of what a pampering luxury saloon should stand for, becoming the default four-door of choice for boardroom bigwigs around the globe. Now Merc hopes to cement the S-class’s credentials with this 2009 facelift.