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Europe’s economic problems sees UK become biggest Ferrari market in Europe

The 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.

Rolls-Royce Bespoke creates Year of the Dragon Collection

Rolls-Royce has announced a commemorative offering in preparation for the forthcoming Year of the Dragon celebration, which starts on January 23, 2012. Designed by Rolls-Royce's Bespoke team, the Year of the Dragon Collection has been inspired by the legendary creature that is revered in China, and created to celebrate the ultimate symbol of power, prosperity and good fortune. The collection features unique detailing on both the exterior and interior of the Phantom or Phantom Extended Wheelbase models and includes a gold hand-painted dragon coachline inspired by Beijing's Forbidden City; dragon headrest embroidery available in Tan, Golden Sand, Black and White; a dragon inlay, which will be hand-laid to the passenger panel and include the Phantom name outlined in gold; two hand-stitched cushions for the rear passengers, specified with embroidered double R-R logos and piping; and illuminated treadplates with ‘Year of the Dragon 2012' highlighted in LED lighting.

Phone use penalty 'could double'

THE PENALTY for using a mobile phone while driving could be doubled under proposals being examined by the Government as part of a safety drive, Transport Secretary Patrick McLoughlin said. Metropolitan Police Commissioner Sir Bernard Hogan-Howe has called for offenders to be handed six points on their licence rather than the present three, meaning a ban from getting behind the wheel if caught twice in three years. Mr McLoughlin said it was an "interesting suggestion" that he was considering in an effort to end the "appalling" number of people killed and seriously injured in accidents where a phone was being used in the hand.