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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.

U.S. auto-safety agency study finds driver error in most Toyota accidents

Brakes weren't applied by drivers of Toyota vehicles in at least 35 of 58 crashes blamed on unintended acceleration, U.S. auto-safety regulators said after studying data recorders. The National Highway Traffic Safety Administration also saw no evidence of electronics-related causes for the accidents in reviewing the vehicle recorders, known as black boxes, the agency said today in a report to lawmakers.

2012 BMW M5 UK Price £73,040 & new UK M5 photos & Video

2012 BMW M5 UK photos, video & price BMW spilled the beans on the 2012 M5 back in June, so we already knew it would cost £73,040 when it went on sale in November in the UK. But now November is here, BMW UK has decided – quite sensibly – that now’s as good a time as any to remind us of the fact and to send over a bunch of new photos of the M5 and a new M5 video. Apart from a set of UK-specific photos and video of the new M5, we also get reminded just how appealing a prospect the new M5 is.