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Mercedes-Benz reports record sales in 2012

Mercedes-Benz Cars reported sales of 1,423,835 vehicles from the brands Mercedes-Benz, smart and Maybach in 2012, an increase of 4.5 percent versus 2011. Sales of the Mercedes-Benz core brand totaled 1,320,097 units in 2012, while December sales were the highest to date for this month. “Despite the difficult market environment in the southern European countries and numerous model change-overs, we managed to ...

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Xenatec Maybach 57S Coupe by Office-K revealed

The aftermarket specialists at Office-K have been recently working on the Xenatec Maybach 57S Coupe, which has received a new custom program. After Xenatec, a German coach builder has filed for ...

Jaguar Land Rover Begins 24-Hour Production at its Halewood Plant

Employees at Jaguar Land Rover Halewood plant have began 24-hour production for the first time in the plant’s 50-year history. The increasing global demand for the auto maker’s Freelander 2 and ...

It’s official: Maybach is dead – Mercedes-Benz confirms it

The German based automaker Mercedes-Benz has recently announced that the Maybach brand will be discontinued for the 2013 model year. After Daimler AG has decided to axe Maybach back in November ...

Geneva: Maybach 57S presented

This year at the Geneva Motor Show, Maybach – the luxurious automaker owned by Daimler has presented the 57S model. Nothing new, and most probably it will be the last motor ...

Daimler lost almost $440,000 on each Maybach sold!

Daimler announced in November 2011 that Maybach will cease to be a brand by 2013. Car Magazine reports the German automaker lost somewhere around $440,000 (€330,000) on each and every one ...

Bentley eyeing Maybach’s famous customers

British luxury carmaker Bentley is approaching rival Maybach's clients, who include Samuel L. Jackson, Jay-Z and King Juan Carlos of Spain, in order to profit from Daimler AG's ...

Mercedes-Benz targets an output of nearly 1 million cars in Germany in 2012

Daimler AG's Mercedes-Benz brand is expecting a production of nearly 1 million cars in Germany this year, which would be a record for the company. The target for the brand's three ...

Daimler increased Maybach prices by $4000

Given that Daimler has not turned a penny profit on Maybach since 2002, the German automaker will kill the underperforming uber-luxury Maybach brand in 2013. However, until then the company has ...

Daimler to shut down Maybach brand in 2013

Daimler AG will cease production on Maybach Super-Luxury models in 2013. The German automaker will offer more versions of its next high-end Mercedes S class model. Last time, Daimler’s CEO Dieter ...

Luxury Automakers Plan to Assemble Vehicles in India to Avoid Import Tax

Luxury automakers try to boost sales in India by assembling the vehicles in this country. As automakers have to pay a ...

Luxury Auto Market Growth in China Down 8.34% in the First Quarter

During the first quarter, premium-car market in China has dropped to 8.34%, representing a decline of 80% compared with the ...

Thieves Stole an Audi RS4 Quattro Avant from Bury St Edmunds Audi Dealership

High-tech thieves managed to steal a grey Audi RS4 Quattro Avant estate two days ago, even if the car was ...

Tata Delays Plans of Building Plant in Thailand

As Tata tries to deal with a drop in demand it has decided to postpone the development of the new ...

Audi Surpassed BMW in India Luxury Auto Sales

Audi managed to surpass BMW and become the largest seller of luxury vehicles in India. Over the past years the luxury ...

GM Stock Surpasses 2010 IPO Price

Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will ...

PSA Workers at Aulnay Plant End Four-Month Strike

Peugeot’s workers at the Aulnay plant accepted to end the 4-month strike held for the plant’s closure. The workers will end ...

Jaguar Plans to Upgrade Its Dealerships in the US

Jaguar plans to refurbish its dealerships in the US as it prepares for a wave of new products. The automaker with ...

VW April Sales Up 7%

VW reported sales up 7% to 784,600 vehicles in April, after a drop of 0.2% in March. "Nevertheless, the market environment ...

Volvo April Truck Sales Down 2%

Volvo sales dropped 2% to 16,572 vehicles in April, compared with the same month last year. Sales in Europe dropped 7% ...

Tesla Plans to Repay Energy Department Loan

Tesla plans to raise $1.08 billion to build cash reserves and repay the loan offered by the Energy Department. CEO Elon ...

Michelin Comes With New Agreement for Its French Plants

Michelin plans to implement new rules at its facilities in France, aimed at adjusting capacity and avoiding lay offs, as ...

George Michael Involved in Car Crash in England

Thursday night, May 16th, George Michael was injured in a car crash which took place on the M1 motorway at ...

Sale of the Nurburgring Race Track Began This Week

The bidding for the Nurburgring race track started this week, and the final price is expected to reach about £100 ...

Fiat Does Not Plan to Move Headquarters to the US

Fiat CEO Sergio Marchionne said that the company does not plan to move its headquarters to the US. "This issue, treated ...

Ferrari joins Lotus in tyre tweak criticism

May 17 (GMM/Inautonews.com) Ferrari has joined Lotus in criticising Pirelli's mid-season tyre tweak. Following early-season criticism, culminating in the furore ...