The Volkswagen Group, made up of brands such as Audi, Bentley and now Porsche, has confirmed a new record rate of sales. The German auto giant managed to deliver a staggering 9.07 million vehicles worldwide during 2012, an increase of 11.2 percent on 2011’s record of 8.16 million vehicles...
As sales of luxury cars in China start to mature, the major automakers are now looking for the next country or region to offer the most growth. One of the top contenders is... October 25, 2012 by Viknesh Vijayenthiran
Ferrari chairman Luca Cordero di Montezemolo is predicting another record year for the Italian supercar manufacturer, despite the poor economic situation in Europe, the... August 28, 2012 by Viknesh Vijayenthiran
BMW will be embarking on a bold new method of selling cars with the launch of its electrified i3 city car and i8 sports car next year, the first models from the... July 26, 2012 by Viknesh Vijayenthiran
This year Opel turns 150, but the company has very little to celebrate, with news emerging overnight that Karl-Friedrich Stracke, president of General Motors Europe and the... July 13, 2012 by Viknesh Vijayenthiran
Porsche delivered a total of 69,171 vehicles for the first six months of the year, a 14 percent increase compared to the same period last year. That’s saying a lot as... July 12, 2012 by Viknesh Vijayenthiran
Starting today in the U.S. Chevrolet is launching a new program that allows customers to return a newly bought vehicle if they’re dissatisfied with it, for whatever... July 10, 2012 by Viknesh Vijayenthiran
Volkswagen and its subsidiaries, including Audi, have been in hot pursuit of an industry-topping sales rank for the past several years, but the widespread economic downturn... July 9, 2012 by Viknesh Vijayenthiran
Californian startup Fisker Automotive, the company behind the stunning Karma range-extended electric sedan and the upcoming Atlantic, has achieved a major coup by signing up... June 8, 2012 by Viknesh Vijayenthiran
Despite its virtually identical rival over at Toyota, Subaru’s new BRZ sports car has proven a roaring success in its home market. Subaru has confirmed that the... March 28, 2012 by Viknesh Vijayenthiran
On the back of a two model lineup Lamborghini has managed to end the previous year with a double digit increase in deliveries and turnover. Its global deliveries increased by... March 1, 2012 by Viknesh Vijayenthiran
Despite challenging economic conditions in Europe, Ferrari has reported both record revenues and record unit sales, thanks to strong growth in China, the U.S., Germany and... February 17, 2012 by Kurt Ernst
Prior to the global financial crisis commencing in late 2008 Bentley’s sales levels were hovering at more than 10,000 units annually. Then the crisis hit and it was no... January 3, 2012 by Viknesh Vijayenthiran
Grand Prix racing legend Sir Stirling Moss might have a shiny new Aston Martin Cygnet parked on his driveway, but he's currently in a minority. Dr. Ulrich Bez, chairman of... September 19, 2011 by Antony Ingram
The luxury segment has largely flown in the face of the economic downturn of the last several years, picking up steam particularly this year, but few have done as well as... September 15, 2011 by Nelson Ireson
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