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.

Autoweek's guide to Chicago Auto Show hospitality

Note:In preparation for the Chicago Auto Show, we asked Windy City hospitality industry insider Erik Nelson where to stay, drink and eat. Here's what he said: Where to eat: Publican: thepublicanrestaurant.com 837 W Fulton Market, Chicago, IL 60607 (312) 733-9555 This staple in the Fulton Market district of Chicago offers the “holy trinity” of pork, oysters and beer. Publican has a bustling feel of an upscale public house with communal tables and many sharable plates.

GM seeks $16 billion more in U.S. help

GM asked the federal government on Tuesday for as much as $16.6 billion in additional federal aid to help it survive. Without the new funding, the automaker could run out of money sometime in March. Under the plan submitted to the U.S.