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Skoda Expects Growth in 2014 after Last Year Profit Drop


Skoda, Volkswagen's Czech unit, expects this year to bring a return in profitability and vehicle sales as many markets show signs of recovery and orders keep piling up. Skoda, which reported a drop of 25.5 percent in the 2013 profit, relies on its newly launched models to help the company reach its target of selling 1.5 million vehicles per year by ...
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Europe: Nissan’s Leaf sees record sales in 2013
Nissan announced that its electric car Leaf, which is the world's best-selling electric vehicle, also recorded its best year in 2013, when it also became the best seller in the ...
Ford’s profit drop forecast reflects new cars cost
The company’s prediction of a stalled revenue growth and sliding profit in 2014 caused a stir among investors, but it actually reflects the high cost of introducing the many models ...
[VIDEO] Rolls-Royce Wraith arrives in Dubai
The British based luxury automaker Rolls-Royce has recently introduced the impressive Wraith at the 2013 Dubai International Motor Show, in the United Arab Emirates. The Rolls-Royce Wraith may have been officially ...
Porsche sells 10 918 Spyder units in East-Central Europe
Porsche has announced selling 10 units of the impressive 918 Spyder hybrid supercar in East-Central Europe. Porsche’s ultimate supercar is named the 918 Spyder and despite costing almost 800,000 euros, the ...
Bosch opens plant in China
Automotive parts supplier Robert Bosch just opened a chassis control system plant this month in the southwest China city of Chengdu. This is Bosch's second Chinese manufacturing site for chassis components; ...
[VIDEO] 2014 Lexus GX gets first video presentation
The first video with the facelifted 2014 Lexus GX has recently hit the web, after the model has been officially unveiled. The 2014 Lexus GX has received its first video presentation, ...
Next-gen Audi Q7 delayed for new design
The future generation of the Audi Q7 has been delayed in order to get a new design as the outgoing version has been considered “too brutal and ostentatious”. The next generation ...
Indian car sales down again
With an economic slump and high borrowing costs discouraging buyers, India's car sales slid by over 7% in July, marking a record ninth straight month of decline. Carmakers sold 131,163 cars ...
Toyota considering new entry-level sports car
The Japanese based automaker Toyota is planning to introduce a new entry-level sports car, which will slot below the current GT 86. The announcement hasn’t been made official just yet, but ...



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