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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.

Driverless 'pods' to hit Milton Keynes

DRIVERLESS cars will transport people through the streets of a British town in a £1.5 million project aimed at boosting green technology. From 2015 an initial batch of 20 driver-operated "pods", which will be able to carry two people, will be run on designated pathways separated from pedestrians in Milton Keynes. But by mid-2017 it is planned that 100 fully autonomous vehicles will run on pathways alongside people, using sensors to avoid collisions with obstacles.

2012 Mercedes A-Class teased on video

2012 Mercedes A-Class teased on video The 2012 Mercedes A-Class is being teased on video ahead of a Geneva 2012 debut in conjunction with a ‘QR Code’ competition. With Detroit pretty much done and dusted, it’s time for car makers to begin teasing their offerings for Geneva 2012 (which we saw some of even before Detroit). Today it’s the turn of Mercedes with a video tease for the 2012 Mercedes A-Class, coupled with a competition too (although that seems to be just for Germany).