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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.

Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

Ford B-Max: Official

Ford B-Max launches at Geneva It’s been a  while coming – the Ford B-Max – but it’s finally arrived today in Geneva. Ford’s replacement for the now venerable Fusion is the B-Max, a car which, had it not been for Ford’s financial woes, would have been here last year. Still, better late than never – and it looks a big jump on from the Fusion.