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Europe’s economic problems sees UK become biggest Ferrari market in Europe

The 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.

Police to target uninsured drivers by crushing their cars

The Metropolitan Police operation to cut down on uninsured drivers by crushing their vehicles could be rolled out nationwide, claims Auto Express. Operation Cubo has seized more than 14,000 vehicles in London since it was introduced in October 2011. The campaign sets up sites targeting specific areas, using automatic number plate recognition systems to identify cars being driven without insurance.

2013 Jaguar F-Type sales soar

Jaguar has a hit already with the F-Type convertible, the brand's first two-seat sports car in almost four decades. "Half of the first year's production of the F-Type is already sold," said global brand director Adrian Hallmark. Customers who order the car now will be lucky to get one by the end of this year, he said.