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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?

MP claims 3p for 100 metre car trip

FORMER DEFENCE secretary Liam Fox successfully claimed 3p of taxpayers' cash for a car journey of fewer than 100 metres, expenses documents show. The Conservative MP made the claim after travelling 0.06 miles, or approximately 96.5 metres, within his North Somerset constituency from a concrete firm to a constituency surgery in Yatton in October 2012. The Independent Parliamentary Standards Authority (Ipsa) notes the claim was paid last December.

Aston Martin to use Mercedes AMG V8 engines (2013)

It’s a new era for Aston Martin: the Gaydon brand has announced today (25 July 2013) that it’s in the early stages of a deal with Mercedes’ in-house tuners AMG, which will allow it to use Mercedes-honed engine and electronics technology. Has Aston Martin sold its soul to the Germans? Not quite – Daimler AG is set to take only a 5% share stake in Aston Martin, sitting alongside majority shareholders Investment Dar and Investindustrial.