You’re Fired: Ferrari Cancels All European Dealer Contracts!
Cars

You’re Fired: Ferrari Cancels All European Dealer Contracts!


Now here’s a move that no one was expecting; according to a report from German newspaper Automobilwoche, Ferrari has canceled the contracts of all its European dealers. Despite the fact that some dealers like Ferrari Austria are confident that their contracts will be renewed, most believe that this is the end of the road for them.

The Italian firm justified the cancellations, which are effective from June 30, 2010, by saying that it was a necessary move to streamline the information flow between the company and dealers. Automobilwoche sources suggest that Ferrari went ahead with the cancelations to restructure its network into the so-called, A- and B-class outlets.





- Is The Ferrari 488 Gtb Better Than The Legendary Enzo?
The latest Ferrari 488 GTB is the first turbocharged mid-engine V8 sports car from the Maranello factory since the Italian builder ended production of the Ferrari F40 more than two decades ago. Obviously, media outlets will compare the new 458 successor...

- Movado To Design And Produce New Ferrari And Scuderia Ferrari Watch Collections
Like most carmakers, Ferrari doesn't produce the merchandise it offers through its official stores. Instead, it cooperates with numerous manufactures that specialize on designing and manufacturing these products. Today, the Italian sports car maker...

- Nissan Hires Extra Staff At Uk's Sunderland Plant To Meet Higher European Demand
The Nissan factory in Sunderland UK is recruiting an additional 100 manufacturing staff on temporary contracts to meet a short term spike in demand being delivered by the ongoing car scrappage schemes around Europe. The news comes in only a few weeks...

- General Motors To Close Roughly Half Of Its Canadian Dealerships
Following last Friday's announcement on the closure of 1,100 dealerships across the U.S. by fall 2010, General Motors is now telling approximately 42 percent of its Canadian dealers that they will lose their franchises next year. The U.S. automaker...

- Ferrari Zobin Concept Study
The Ferrari brand has always managed to captivate the mind and imagination of designers from all over the world. This latest concept study for a Ferrari supercar come to us from Iran and independent designer Siamak Ruhi Dehkordi. The 33-year-old Iranian...



Cars








.