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Ferrari ups profits while cutting production (2013) CAR report
Thu, 01 Aug 2013Eyebrows were raised in May 2013 when Ferrari chairman Luca di Montezemolo confirmed to a group of journalists, including CAR’s own Ben Barry, that the illustrious supercar maker wanted to slow its production rate and sell fewer cars in 2013. The strange-sounding order was decreed to help the brand retain its exclusivity, yet despite the gastric band on output, the Ferrari boss insisted profits could be upped. Impossible?
Mercedes F125! concept hints at electric S-class
Mon, 17 Oct 2011Here's a riddle for luxury automakers: How will big, high-powered cars fit into a world that's greener, more congested and more tightly regulated than today? Mercedes-Benz rolled out one possible answer here last month with the F125! concept car.
VW's future: Jetta refresh, renamed SportWagen
Mon, 03 Feb 2014Michael Horn is new enough to his U.S. assignment that he's still looking for a permanent home in suburban Washington for his family. But Volkswagen Group of America's new CEO hasn't had a moment to waste getting his corporate house in order.