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Volkswagen AG sees record third-quarter profit increase


The German automaker, the largest auto company in Europe and the second biggest carmaker in the world has exceeded expectations when it comes to its financial results for the third-quarter. The company managed to secure a higher than expected operating profit during the July to September period, buoyed by European and Chinese demand for the premium and luxury Audi and Porsche ...
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South Korea: rising demand prompts Bentley to add new models in the country
The Asian country was once a very closed nation, with local automakers such as Hyundai, Kia or the late Daewoo owning the market entirely. Now, the heavy import fees have ...
Mercedes-Benz sees sales rising 10% in August
Mercedes-Benz scored a 10% increase in its August sales with 118,887 units delivered thanks to continued strong demand for its compact models, but also due to increased deliveries in China ...
Mercedes-Benz CLA Shooting Brake to go on sale on January 15
The upcoming Mercedes-Benz CLA Shooting Brake will go on sale next year, on the 15th of January. The second body style of the small and elegant CLA four-door coupe, the CLA ...
2015 Smart ForTwo, ForFour to start deliveries in November
The new generation of the Smart ForTwo and Smart ForFour will start their deliveries this November and in Germany the smallest one will be carrying a starting price of 10,895 ...
Tesla forecasted to reach record second-quarter sales
The California-based electric carmaker has been on a global offensive this past quarter, with the company beginning deliveries in two key markets – China and the right-hand drive United Kingdom. The ...
Bentley keeps up the sales momentum with 23% gains
Six months sales at Volkswagen AG’s ultra luxury division climbed to new heights, jumping almost a quarter from the figures of 2013, putting the automaker on track to another record ...
Japan: auto sales recover after tax hike
New car sales in Japan posted their first monthly gains after in April the government increased a due for the first time since 1997. The car sales grew positively for the ...
BMW i8 – first deliveries start
BMW has started the first deliveries of the brand new i8 as the model in question has become the first production vehicle to get the laser lights. The battle between BMW ...
BMW manages a successful first quarter
According to the German automaker, which is the biggest globally in the luxury segment, its first quarter profit went up by 2.6% thanks to rising demand for its SUV models, ...

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