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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.

Honda CR-Z – Euro debut at Geneva

Honda are bringing the production version of the CR-Z hybrid to the Geneva Motor Show Honda are attempting to make the hybrid car ‘Sporty’ with the Honda CR-Z. First seen at the Tokyo Motor Show last year and in US production form at Detroit last month, Europe gets to see the Euro production version of the CR-Z at the Geneva Motor Show next month. We’re finding it a bit difficult to get our heads round the idea that this is a ‘Sporty’ hybrid.

SEAT Leon FR+ added to Leon line-up

SEAT Leon FR+ If you have a successful formula, it’s not a bad idea to make the most of it, although it can sometimes be hard to know what to do when it’s your range-topper that’s the big success. But SEAT has a solution. Hence the SEAT Leon FR+ is launched.