2011 Ferrari 458 Coupe. 1500 Miles. Red Over Tan. Carbon Ceramic Brakes. on 2040-cars

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Why Italians are no longer buying supercars

Italy is the wound that continues to drain blood from the body financial of Italian supercar and sports car makers. The wound was opened by the country's various financial police who decided to get serious about superyacht-owning and supercar-driving tax cheats a few years ago, by noting their registrations and checking their incomes. When it was found that a rather high percentage of exotic toy owners had claimed a rather low annual income - certain business owners were found to be declaring less income than their employees - the owners began dumping their cars and prospective buyers declined to buy.
Car and Driver has a piece on how the initiative is hitting the home market the hardest. Lamborghini sold 1,302 cars worldwide in 2010, 1,602 cars in 2011 and 2,083 cars in 2012 - an excellent surge in just two years. In Italy, however, it's all about the ebb: in 2010, the year that Italian police began scouring harbors, Lamborghini sold 96 cars in Italy, the next year it sold 72, last year it sold just 60. The declines for Maserati and Ferrari are even more pronounced.
Head over to CD for the full story and the numbers. What might be most incredible isn't the cause and effect, but where the blame is being placed. A year ago the chairman of Italy's Federauto accused the government of "terrorizing potential clients," this year Luca di Montezemolo says what's happening has created "a hostile environment for ­luxury goods." Life at the top, it ain't easy.

Ferrari Lusso ownership will add some time to your morning commute

If you've ever driven a vintage vehicle on a regular basis, you know the process from getting from point A to point B is a bit more convoluted than simply hopping in and going. There are rituals to observe, checklists to run through and processes to address before ever touching the ignition. Neglect any one of a number of small tasks and you're likely to find yourself on the side of the road. James Chen, the owner of Axis Wheels, knows all about that. You see, he owns a gorgeous Ferrari Lusso, and coaxing the V12 under the hood to life requires a certain amount of procedure.
Once it's rolling, of course, all that premeditation seems entirely worth the effort. Chen does his best to keep the machine out of traffic, but refuses to keep the coupe sealed away in a museum, so he gets up early and takes to the canyon roads around LA before anyone else is awake. Atta boy.
Check out the latest video from Petrolicious below.

LaFerrari still being honed at N"urburgring

Ferrari might have jumped the gun debuting the LaFerrari hypercar at the Geneva Motor Show, judging by these spy shots. There have already been rumors that the nearly 1,000-horsepower hybrid still needed some finalizing, but it seems really quite odd that we're seeing cars running with camo six months after the official debut.
So here are our theories as to what this might be. First, the likely case is that this car is merely taking part in finalization of the LaFerrari. The two more sensational theories we've brewed up are a bit more unlikely. This could be a prototype of the once-rumored Maserati MC12 successor, with the camo in place to hide sheetmetal specific to a Maserati. The second, and in our minds, least likely scenario, is that this is a prototype of a more hardcore or competition variant of the LaFerrari, along the lines of the Enzo-based FXX.
Admittedly, that last option is really grasping at straws, but the last camo'd car we saw sported a unique exhaust, that our spy noted as being significantly louder than an uncovered model that was running alongside. While the timing seems odd - a mere six months after the debut of a car that isn't even on sale yet - it's not outside of Ferrari custom to release more potent, track-only versions of its hypercars. Take a look at the spy shots up top, and let us know what you think.