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Ferrari agrees to one more Zagato

To celebrate 90 years of re-skinning Italian exotics, CarsUK.net is reporting that Zagato has teamed up with Ferrari to produce the 550 GTZ. Based off the Ferrari 550 Barchetta, five of these Z8-like-styling roadsters will be built at a price tag of more than £1 million ($1.65 million). Each car will be refurbished by Ferrari and then shipped to Zagato for the bodywork.

Performance will not be altered. It will use the same 5.5-liter 485-hp V-12 engine found in the base car.

Rumors have this being that last time a re-skinned Zagato will be able to work with Ferrari and thus wear the prancing-horse badges because Ferrari will be moving all customer customizations in-house.

[via CarsUK.net]

Ferrari 550 GTZFerrari 550 GTZ


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Posted by: Benjamin Greene
Posted on: 10/28/2009 at 10:57 AM
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Categories: Ferrari
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Ten neat facts about Ferrari

We came across a list of ten neat facts about Ferrari. It includes Enzo Ferrari’s love for racing, what his father did for work during WWI, how Enzo is connected with the current H1N1 virus, origins of the prancing horse logo, the very first Ferrari car, and other fun facts. Read all ten facts at neatorama.com.

[via Neatorama]

Word War I Flaying Ace Francesco Baracca and future-Ferrari moniker

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Posted by: Benjamin Greene
Posted on: 10/28/2009 at 7:55 AM
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Categories: Ferrari
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Is China the next luxury car market?

The number of millionaires and billionaires in China is growing. Many luxury manufacturers are setting up shop or increasing their visibility early to take advantage of future growth in that market. So is China the next leader of the luxury car marketplace?

The number of Chinese with investable assets of one-million dollars (not including primary residency, collectibles, and consumables) has grown the past few years, surpassing Britain for the number four spot last year and France the year before that. China was able to accomplish this despite still being affected by the economy and losing 49,000 millionaires in 2008 for a new total of 364,000. Meanwhile, the United States is home to the world’s largest number of millionaires, at 2.5 million, but down from three-million millionaires in 2007.

The number of billionaires in China now totals 130 people, up from 101 in 2008, and none in 2003. CNN reports that that number may be higher, maybe even double, since many people in China keep their finances to themselves to stay away from the scutiny of tax authorities. In contrast, Forbes estimates that the United States has 359 billionaires.

With an increase in wealth comes an increase of sales of luxury goods and the luxury car market is showing this directly.

Lamborghini sold 32 percent more vehicles in China in the months between January and June of this year compared to the previous year, for a total of 29 units. In comparison, Lamborghini sold 207 units in the United States and 825 autos worldwide between the months of January and June. Although not an astonishing number, the company’s sales in China have slowly increased the past four years from six cars in 2006, 28 in 2007, and 72 in 2008.

Ferrari has also watched a rise in the number of units sold in China; selling 20 percent more autos in 2008 compared to 2007, for a total of 212 units. In the United States, Ferrari sold 1,700 cars in 2008, equating to 26 percent of the company’s total sales.

Other luxury manufacturers doing well in China includes Bentley and Rolls-Royce. Bentley sold 58 percent more vehicles in China in 2008 compared to 2007 for a total of 407 autos. If you want to look at Rolls-Royce's success just look at Beijing, which  is reportedly the world’s third largest Rolls-Royce market behind Dubai and Abu Dhabi. In total, 52 Phantoms were sold in Beijing in 2008, each with a price tag near 10-million yuan or $1.5 million at the current exchange rate.

Although the data shows a huge lead in the number of wealthy by the United States, the statistics also show dramatic growth in China. So despite the large differences in terms of the amount of wealth between the United States and China, the 2009 World Wealth Report predicts the amount of wealth the wealthy have in the Asia-Pacific region will exceed that of North America by 2013 and, as shown above, more wealth equals more luxury goods being sold.

[via 2009 World Wealth Report, 2009 Hurun Report, CNN, Jalakam.co.in, and AutoEvolution]

Ferrari 599 GTB China Edition instrument cluster


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Posted by: Benjamin Greene
Posted on: 10/28/2009 at 4:02 AM
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Categories: Bentley | Ferrari | Lamborghini | Rolls-Royce
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Armored Phantom proves its worth

Two years ago Rolls-Royce started offering armored versions of its Phantom sedan to customers. The Phantom Armoured, which looks exactly like the standard car, is engineered to VR7 levels, good enough to withstand armor-piercing bullets and an underbody grenade blast. Below we have a Phantom EWB being obliterated by bullets and explosives in the name of testing. A base Phantom EWB costs $450,000, but a armored Phantom, at today's current exchange rate, can cost more than $1 million.

[via AutoMotto.org]

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Posted by: Benjamin Greene
Posted on: 10/27/2009 at 10:05 AM
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Ouch! GranTurismo ad shows Countach and Corvette smashing

A Japanese Gran Turismo commercial displayed at the Tokyo Motor Show shows a 1988 Lamborghini Countach and a 1969 Chevrolet Corvette vying for position on a track by smashing into one another. Unlike other Gran Turismo commercials, these are real cars. See the video below.

[via Jalopnik]

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Posted by: Benjamin Greene
Posted on: 10/27/2009 at 5:52 AM
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Categories: Chevrolet | Lamborghini
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Is now the time to buy a luxury car?

If you missed out on the Cash-for-Clunkers program you still may be able to get a good deal on a new vehicle. Many luxury manufacturers are offering cash back on vehicles that they wants to move off dealer lots before the beginning of November. Here is a sample of some of the deals:

2009 BMW 650 and M6 — up to $6,000 cash back

2009 Cadillac CTS-V — up to $5,000 cash back

2009 Cadillac XLR and XLR-V — up to $10,000 cash back

2010 Land Rover Range Rover — up to $6,000 cash back

2009 Mercedes-Benz CLS-class — up to $10,000 cash back

2009 Mercedes-Benz SL-class — up to $15,000 cash back

[via Cars.com]

2009 Mercedes-Benz SL rebate

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Posted by: Benjamin Greene
Posted on: 10/27/2009 at 4:42 AM
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Categories: BMW | Cadillac | Land Rover | Mercedes-Benz
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Nissan celebrates 40 years of the Z

Nissan will be honoring 40 years of its Z car with a special 370Z 40th Anniversary Edition. It will come with a unique Quartz paint, new 19-inch wheels, red brake calipers, red leather interior, and a vast amount of special-edition badges.

[via Nissan]

Nissan 370Z 40th Anniverary Edition


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Posted by: Benjamin Greene
Posted on: 10/16/2009 at 11:31 AM
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Categories: Nissan
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GranCabrio to be named GranTurismo Convertible in the United States

We previously showed you the GranTurismo Convertible when Maserati was referring to it as the GranCabrio. It seems now that GranCabrio will be the car’s name everywhere but North America.

Maserati did confirm that the topless GranTurismo will be powered by the 4.7-liter V-8 found in the GranTurismo S and making 433 hp. Zero-to-60 mph should require a scant 5.3 seconds and top speed will drop a little to 176 mph. The car offers the longest wheelbase in its segment to provide plenty of legroom for four and will provide the same amount of trunk space with the top both up and down.

[via Maserati]

Maserati GranTurismo Convertible

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Posted by: Benjamin Greene
Posted on: 10/16/2009 at 9:04 AM
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Categories: Maserati
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E-class Cabriolet images leaked

Images of the Mercedes-Benz E-class Cabriolet have been leaked from the European trademark office. The car will replace the CLK Cabriolet, which is still currently available.

[via TheMotorReport]

 

Mercedes-Benz E550 Cabriolet Mercedes-Benz E550 Cabriolet

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Posted by: Benjamin Greene
Posted on: 10/14/2009 at 12:24 PM
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Categories: Mercedes-Benz
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Ferrari announces layoffs, temporarily

Ferrari announced today that it would be temporarily laying off 15 percent of its workforce between the 9th and 13th during the month of November. The decision came due to a lack of sales forecasted for the 2009 and 2010 model years.

[via Auto Evolution]

Ferrari layoffs

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Posted by: Benjamin Greene
Posted on: 10/14/2009 at 12:12 PM
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Categories: Ferrari
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