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China’s Hong Qi State Limo twice the price of RR Ghost

FAW's Hong Qi Limo - a snip at £720k It would have been unthinkable just a few years ago, but this week China has seen the reveal of two cars that would stretch even the finances of a Western plutocrat. The Hong Qi State Limo is a behemoth of a car designed to ferry China’s elite in safety and comfort. It was used in China’s recent 2009 ‘Review of the Troops’ to chauffeur Chairman Hu.

Stobart To Keep On Trucking In £280M Sale Deal

FANS of the well known trucking business Eddie Stobart might be surprised to learn that the company has been sold. However, the iconic name won't vanish from the nation's roads despite the £280 million sale to investors. The business, which employs around 5,000 people and operates 2,300 vehicles, will be led by the founder's youngest son, William Stobart.

LaFerrari commanding £1 MILLION premium – and the McLaren P1 and Porsche 918 Spyder attracting premiums too

LaFerrari commanding £1 MILLION premium Being at the top of the new owners list for a very desirable, and scarce, car can yield big benefits, and none more so recently than for Ferrari’s hypercar – the LaFerrari. Oracle Finance has been busy looking at the premiums being charged for desirable cars (and, presumably, willing to finance to premium too) and have discovered that those not on Ferrari’s VIP list – and therefore not invited to buy a LaFerrari from Maranello – are willing to pay a premium of £1 million to get their hands on Ferrari’s replacement for the Enzo. But it’s not just LaFerrari that’s commanding hefty premiums.