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Lotus at 2009 Frankfurt motor show

By Tom Sharpe First Official Pictures 18 September 2009 13:55 Formula One won't be the only place that race fans will get the opportunity to cheer on Lotus in 2010, thanks to the Evora Type 124 Endurance Racecar. Unveiled at the 2009 Frankfurt motor show in full FIA-spec, the Type 124 signals the Norfolk-based company's return to sports car racing. First, the basics.

Car sales rise as shutdown ends

DETROIT -- Combined U.S. sales by the Detroit 3 rose 14 percent last month, helped by strong demand for sedans and pickups and an increase in showroom traffic after the partial government shutdown ended. General Motors reported a 16 percent gain after losing market share in August and September.

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.