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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.
12 reasons why we love Maserati: 100 years of the Trident
Tue, 01 Jul 2014When Alfieri Maserati opened his first shop, three of his brothers joined immediately. Mario wasn’t a fan of engines, but he could draw. He based Maserati's famous Trident logo on the fountain of Neptune in Bologna’s Piazza Maggiore.
Chevy introduces two Silverado SEMA concepts at Texas Fair
Mon, 30 Sep 2013Chevy used last Friday's State Fair of Texas to introduce two buffed-up pickup trucks prepped for SEMA. The first, based on the Silverado Double Cab with the Z71 package, was for fighting fires; the other, a Crew Cab 4x4, is for top-secret Black Ops missions (??- ED.) Chevy This pickup carries equipment, water and fire extinguishers. According to Chevy, the Silverado Z71 Volunteer Firefighter concept honors the service of “first responders” while showing off the pickup's work credentials.