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Electric Cars now VAT free in Iceland
Tue, 10 Apr 2012Electric Cars in Iceland now VAT free The Icelandic Government has decided to remove VAT on electric cars to bring EV costs in line with ICE prices. We don’t believe that Governments should be promoting EVs and Hybrids by giving tax breaks to buyers. In a country like the UK – and most other countries – promoting EV cars at the taxpayers expense is a nonsense.
Ferrari 599 GTB 60F1 Edition celebrates 60 years of Ferrari F1
Wed, 07 Dec 2011Ferrari 599 GTB 60F1 Edition Ferrari is to launch a limited edition version of the 599 GTB – the 599 GTB 60F1 – to celebrate 60 years in Formula One. Ferrari has been there since the beginning of F1, which makes Silverstone 2011 the 60th anniversary of Formula One, and to celebrate Ferrari is to release a limited edition model – the Ferrari 599 GTB 60F1. Based on the HGTE package available for the regular Ferrari 599 – which means stiffer springs and dampers, a bigger stabilizer bar at the back, bigger rubber and lowered suspension – the 599 GTB 60F1 is part of Ferrari’s Tailor Made programme (which does what it says on the tin).
Italian design house Bertone nearing bankruptcy
Mon, 17 Mar 2014The Italian design house Bertone is reportedly nearing bankruptcy again, according to a report from Autocar. The carrozzeria has experienced financial problems in 2008 and 2013, and even though it generated more than €20 million, or approximately $28 million, last year, the company reportedly laid off 160 employees recently. At least 30 workers who have been laid off have taken action against the company, seeking to recover monies owed to them.






