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Europe’s economic problems sees UK become biggest Ferrari market in Europe
Fri, 02 Aug 2013The 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.
Two new Aston Martin models to debut at New York auto show
Tue, 15 Apr 2014Aston Martin has announced that it will debut new versions of its Vantage and DB9 sports cars at the New York auto show. At $99,900, the Vantage GT becomes the lowest-price option in the Aston Martin lineup. With a 430-hp V8, a 190-mph top speed and some seriously attractive bodywork, the budget model could prove tempting to Porsche 911 buyers.
New BMW M3 & M4 teased on video
Tue, 10 Dec 2013New BMW M3 & M4 teased on video (M4 Concept pictured) The new BMW M3 and M4 – effectively an M3 Coupe – are due for a debut at the Detroit Auto Show next month, and BMW are starting the tease with a new video. The video shows nothing of real note, just the outline of the M3 and M4 picked out by moving lights. Which seems a bit daft when we already have a pretty good idea of what’s on offer.