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Just one new Ferrari sold in Greece in 2012 – and it came to the UK!

Just one new Ferrari was sold in Greece in 2012 in the depths of Greece’s austerity, and it seems even that lone Ferrari came to the UK. None of which is particularly surprising considering the mess Greece has got in to since its tied itself to monster economies like Germany when it joined the Eurozone. There’s no doubt there are still plenty of gazillionaires in Greece, but how many of them would want to risk parading their wealth in a brand new Ferrari when Greece is in such a financial mess, more than one in four are out of work and soup kitchens are springing up as normal Greeks struggle to even feed themselves?

Volkswagen demonstrates self-driving car

Flying cars might still be on the drawing board, but automakers are making progress toward futuristic advances in driving. The latest example from Volkswagen is a car that can essentially drive itself. Volkswagen presented its Temporary Auto Pilot (TAP) system this week at the European Union research project HAVEit (Highly Automated Vehicles for Intelligent Transport).

Who's Where: Lars Falk appointed Vice President Product Design for Volvo Cars China

Swedish designer Lars Falk has been appointed Vice President Product Design for Volvo Cars China. In his new role, Falk will lead and develop an emerging design organization which will cover both production design and advanced/strategic activities for the Volvo brand. "I am privileged to set up a small yet efficient design organization which will cover both production design and advanced/strategic activities for the Volvo Cars brand," Falk told Car Design News.