Following yesterday’s announcement it had the most powerful brand in the world, according to the results of a leading study, Ferrari, the maker of some of the finest sports cars on the planet, has now revealed it’s just recorded its best financial result in its 66-year history. Over the...
Saab has taken yet another step, this time a major one, towards what’s shaping up to be an inevitable bankruptcy, with news coming out today that the struggling Swedish... September 1, 2011 by Viknesh Vijayenthiran
Audi is the latest luxury automotive brand to announce record sales and profits for the first six months of the 2011, with the automaker from Ingolstadt posting a $3.5... August 5, 2011 by Viknesh Vijayenthiran
BMW has surpassed all industry estimates by posting a second quarter net profit of $2.57 billion, more than doubling results for the same period just one year ago. The result... August 2, 2011 by Viknesh Vijayenthiran
Premium automotive brands are enjoying a resurgence in sales and profits as emerging market power houses such as China and Russia starting buying up expensive luxury and... August 1, 2011 by Viknesh Vijayenthiran
The global financial crisis of the recent past appears to be well and truly over, with sales of luxury cars once again at record levels. Yesterday we saw Daimler announce... July 28, 2011 by Viknesh Vijayenthiran
The parent company of Mercedes-Benz, Daimler, has posted a record net profit of $2.5 billion for the second quarter of the year, smashing most estimates and increasing by... July 27, 2011 by Viknesh Vijayenthiran
It’s safe to say that 2010 was a bumper year for Audi. With a total of 1,092,411 sales under its belt, Audi managed to draw in a record $49.2 billion in revenue which... March 8, 2011 by Viknesh Vijayenthiran
Just days after Audi announced that it had posted a record $1.7 billion profit for the first half of 2010, BMW has gone one better and revealed that its own profit has risen... August 3, 2010 by Viknesh Vijayenthiran
At a time when most automakers are struggling to make sales, and others are suffering from a spate of safety and quality recalls, Audi has managed to post a record profit and... July 30, 2010 by Viknesh Vijayenthiran
Saab has had one of the most turbulent recent histories in the auto industry, being bought up by GM, then almost sold to a Chinese automaker and finally ending up in the... May 14, 2010 by Viknesh Vijayenthiran
Ford today reported a profit of $2.1 billion for the first three months of the year, beating most estimates by almost 50 percent and coming in a staggering $3.5 billion over... April 27, 2010 by Viknesh Vijayenthiran
With Chrysler’s new parent Fiat making the hard and fast decisions, the automaker is now on track to return to profitability and the first signs of progress are already... April 21, 2010 by Viknesh Vijayenthiran
Despite Jaguar unveiling stunning new models such as the XF and sales of the Range Rover luxury SUV still going strong, the Jaguar Land Rover partnership were still unable to... November 30, 2009 by Viknesh Vijayenthiran