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Europe’s economic problems sees UK become biggest Ferrari market in Europe
Fri, 02 Aug 2013 00:00:00 -0700The 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 bespokeĀ 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 ā¬1.22 million.
Late to the Fiesta: Ford offers $50 gift cards to buyers whose cars are late
Tue, 17 Aug 2010 00:00:00 -0700Ford is giving a $50 Ford gift card to buyers of the 2011 Ford Fiesta who have had to wait longer than expected for their vehicles to be delivered. Ford spokeswoman Angie Kozleski confirmed that the company was giving the MasterCard gift cards to customers who ordered the new Fiesta, calling it “a token of our appreciation for their patience.” Ford couldn't disclose how many cards it is distributing, but said retail customers who reserved or placed an order for the new Fiesta would receive one. Fiestas have been slow to get to dealerships after a hurricane that hit Mexico in June crippled rail lines used to ship vehicles made at Ford's plant in Cuautitlan, near Mexico City.
New Kia Cee’d & Procee’d GT Turbo Geneva 2013 debut
Thu, 25 Oct 2012 00:00:00 -0700Kia will launch the Cee’d & Pro_cee’d GT at the 2013 Geneva Motor Show with a 200bhp Turbo engine and cosmetic tweaks. We’ve already revealed that Hyundai are planning a turbo version of the i30 3-door (perhaps the Hyundai i30 R?) and Kia are following suit to with go-faster versions of the new Cee’d, new Pro_cee’d and, it appears, even the new Cee’d Sportswagon. The plan is to kick of with the launch of the Cee’d GT and Pro_cee’d GT at the 2013 Geneva Motor Show, with every possibility Kia will also launch a Cee’d Sportswagon GT later in 2013.