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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.

Kia Souls and eco Ceed range

By Jonny Smith Motor Shows 07 March 2008 17:29 What's new on Kia's Geneva Motor Show stand? Proof that the Koreans have come a long way since Prides with 12-inch whitewall tyres. Kia unveiled its new compact weapon with a trio that made Ford’s Fiesta look fairly average – the Soul.

2012 Canadian Grand Prix Qualifying: Vettel takes pole

Sebastian Vettel has taken Red Bull’s second pole position in a row with a stunning qualifying at the 2012 Canadian Grand Prix. Red Bull may have seemed a bit out of sorts so far in the 2012 F1 season, but Vettel’s pole at the Canadian Grand Prix on top of Mark Webber’s win at Monaco last time out may be an ominous sign for the rest of the grid. Vettel took his Red Bull round Montreal’s Circuit Gilles Villeneuve a full three tenths of a second ahead of second place Lewis Hamilton and moves Vettel up to fifth place in the all-time pole listings alongside Nigel Mansell – and his career still has a long way to go to overhaul Schumacher, Senna, Clark and Prost.