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Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.

Kia sports coupe concept

By Tim Pollard First Official Pictures 18 July 2007 09:15 Kia sports coupe concept: the first glimpse Do you detect hints of Audi TT about this low-slung sports car concept? Maybe you should, because it’s the shape of Kias to come and was designed by Peter Schreyer, the Koreans’ new design director and former head of design at Audi. It’s being hailed as a landmark car for Kia, and we’d say that for once the PR puff is spot-on.

New York City Taxi of Tomorrow plans hit a roadblock

New York City administration's plan to replace current taxi cabs with the specially developed Nissan Taxi of Tomorrow has been stymied by a recent legal decision, the Wall Street Journal is reporting. The New York State Supreme Court in Manhattan (it's a bit confusing, but this is actually the on the level of the lowest state courts in New York state's court system) has issued a decision which determined the project to be an overreach of executive authority, siding with taxi magnate Evgeny Freidman and the Greater New York Taxi Association. The court stated that city's Taxi and Limousine Commission lacked the authority to compel cab companies to purchase the any particular vehicle -- in this case, the Nissan NV200 Taxi, which was slated to hit streets just a couple weeks from now on Oct.