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BMW Relies On New Models to Significantly Increase Profit This Year


German automaker BMW expects significant profit this year as demand for its 4-Series Gran Coupe continues to increase. The world's biggest luxury automaker said that pretax profit in 2014 will surpass the $11 billion profit in 2013, achieved by 16 refreshed and new models and also a decrease in capital expenditures. BMW expects stronger sales during the second half of the ...
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More Audi articles

Audi grabs first place from BMW in 2014
The all-out war between the German luxury automakers sees another battle in the first two months of 2014, which has been own by Audi this time. Audi AG managed to deliver ...
Entry-level sports car considered by Audi
The German based automaker Audi is currently considering the development of a new entry-level sports car which will slot below the recently unveiled TT. The announcement hasn’t been officially made by ...
Facelifted Audi A6 Avant and RS6 Avant spied testing
Audi is preparing two facelifts for the A6 Avant and RS6 Avant as the models in question have been caught on camera recently while being tested in a cold climate. Audi ...
New Audi model to be unveiled on February 12
The German based automaker Audi is planning to officially pull the wraps off a brand new model, on the 12th of February, on a live stream video. After teasing it a ...
[VIDEO] Audi teasing new mysterious model
Audi has released a first teaser video which is giving us a glimpse of a future production model, which will be unveiled on the 12th of February. The German based automaker ...
Audi partners with bioenergy provider
Audi is launching a strategic partnership with Global Bioenergies as the premium carmaker and the biotechnology company are developing the drop-in biofuel Audi e-gasoline. The carmaker will work with the French ...
Audi and Porsche reach record sales for 2013
After posting record deliveries in 2013, Volkswagen's luxury car brands Audi and Porsche aim to keep sales growing this year helped by overseas demand and new models. Just ahead of the ...
Google and Audi to develop In-Car Infotainment System
Volkswagen’s premium brand Audi Ag and Google are expected to announce their collaboration to develop In-Car Infotainment Systems based on the Android mobile operating system, Wall Street Journal reports citing two people ...
Report – Audi boosts spending; will launch 11 new models in the coming years
According to persons familiar with the matter, Audi will grow spending on new models, plants and technology in coming years as the luxury carmaker steps up efforts to catch larger ...

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