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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?

Lotus owner Proton tries to quell sale rumours

The Malaysian owners of Lotus have taken the unusual step of quashing rumours circulating of an impending sale of its British sports car division. Several newspaper articles have suggested that the new owners of Proton may divest its loss-making Lotus subsidiary. The ownership structure of Proton has changed in recent weeks, after the Khazanah Nasional Berhad sold its entire stake in Proton to DRB-Hicom.

Bugatti unveils Veyron Grand Sport (2008)

By Ben Pulman First Official Pictures 17 August 2008 17:29 Bugatti has released more details of its targa-top Veyron Grand Sport following the cars debut at the Pebble Beach Concours d’Elegance. And with the roof off, the Grand Sport is the slowest Veyron ever, capable of just 225mph. But don't fret, because with the targa panel in place the Grand Sport will still do 254mph. The windscreen now sits a little higher and there are daytime running lights and new alloys.