Industry

Maserati Sales Up Nearly 400% From 2012 Thanks to New Models

Maserati Sales Up Nearly 400% From 2012 Thanks to New Models

It has already beat its record sales year

Maserati has sold 2.5 times more cars in the first nine months of this year than it had in its previous best year ever, and there are three months of sales to go. The success is due to high demand for the new Quattroporte and Ghibli sedans. Th...
16.10.2013 | 4594 views | 0 comments
European Auto Sales See Highest Gain This Year in September

European Auto Sales See Highest Gain This Year in September

Sales were up 5.5%

After sales dropping 5% in August, The European Automotive Manufacturers' Association (ACEA) reports that European auto sales improved by 5.4% in September compared to September 2012. It is the third month this year that has had a sales increa...
16.10.2013 | 760 views | 0 comments
PSA's GM Partnership Under Threat if Dongfeng Deal is Successful

PSA's GM Partnership Under Threat if Dongfeng Deal is Successful

PSA is expected to make an announcement next week

The business situation for PSA Peugeot-Citroën is looking increasingly dire. GM may scale back PSA cooperation just a year after buying 7% of the company if PSA's negotiations with Dongfeng to sell a third of the company are successful.&n...
15.10.2013 | 4676 views | 0 comments
Infiniti Breaks Ground on UK Plant to Build Q30

Infiniti Breaks Ground on UK Plant to Build Q30

It will go on sale in 2015

Infiniti has transformed itself from a luxury automaker focused on North America to a world player in the last two years. The latest step in being more global is breaking ground at Nissan’s Sunderland factory for a £250 million upgrade...
15.10.2013 | 4141 views | 0 comments
Toyota Sales Up 5% for the Third Quarter in Europe

Toyota Sales Up 5% for the Third Quarter in Europe

Hybrid sales are growing quickly with 47% growth

Toyota is outperforming the European market so far this year with sales up 5% in the third quarter to 216,837 cars and a 5% European market share for the first time since 2009. "Our sales performance has gone crescendo in Q3 as two key ne...
14.10.2013 | 8772 views | 0 comments
Porsche Expanding into Africa and China in Next Decade

Porsche Expanding into Africa and China in Next Decade

It plans to double its Chinese dealers by 2016

Porsche has big expansion plans for the near future because it wants to grow sales from 145,075 cars in 2012 to 200,000 cars by 2016. The company has been spending huge sums of money on research and development in the last few years for the Macan,...
14.10.2013 | 1038 views | 0 comments
VW Group Delivers Over 7 Million Cars Through 3 Quarters

VW Group Delivers Over 7 Million Cars Through 3 Quarters

It is the first time that they have reached the milestone

While the individual brands may be up or down, Volkswagen Group sales from January to September are up 4.8% to 7.03 million cars. It is the first time that VW Group has sold over 7 million cars in the first three quarters. Sales in September alone...
11.10.2013 | 617 views | 0 comments
PSA Negotiating with Dongfeng Over 30% Sale

PSA Negotiating with Dongfeng Over 30% Sale

The two companies are already joint venture partners in China

The China Business News is reporting that insiders within Dongfeng are negotiating with PSA -Citroën to buy 30% of the company. The newspaper reports that the stock would be sold for 10 billion yuan ($1.63 billion), but the two sides are stil...
10.10.2013 | 4506 views | 0 comments
Bentley Thinks It Will Have Double-Digit Growth by Year End

Bentley Thinks It Will Have Double-Digit Growth by Year End

Its sales are actually falling in China

Bentley is doing relatively well in the first three quarters of the year with sales up 9% to 6,516 cars over the same period last year. The Americas is the British luxury brand’s largest market with 2,022 sales in the first three quarter...
10.10.2013 | 3786 views | 0 comments
Jaguar Land Rover Has Exceeded Last Year's Sales Already This Year

Jaguar Land Rover Has Exceeded Last Year's Sales Already This Year

Chinese sales are growing extremely quickly

Jaguar Land Rover is continuing what will likely be a record year with sales up 17% in September to 43,181 cars. It was the brand’s best September in its history, and it has already exceeded 2012 sales in the first nine months of the year wi...
10.10.2013 | 842 views | 0 comments
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