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Seven reasons why GM wants to keep Opel
Mon, 31 Aug 2009General Motors Co. is considering reversing course and hanging on to Opel, and it is easy to figure out why. Keeping a foothold in Europe is vital for GM, and the company may be able to afford it.
2014 Acura MDX gets new platform, FWD option
Thu, 20 Jun 2013Acura gave us the full rundown of the 2014 MDX SUV on Wednesday. The seven-passenger people-mover goes on sale tomorrow, and for the first time includes a base front-wheel-drive version which stickers at $43,185. The Acura MDX has a new platform for 2014 that's lower and narrower, but with a 2.8-inch longer wheelbase.
Europe’s economic problems sees UK become biggest Ferrari market in Europe
Fri, 02 Aug 2013The 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.