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BMW, Mercedes-Benz and Audi to launch hatchbacks in India


After a bad reception in China, German luxury automakers plan to introduce their hatchback models to India. Audi, BMW and Mercedes-Benz will introduce their small cars in India starting this year, Bloomberg reports. Mercedes-Benz will introduce the A-Class in mid-2013, followed by BMW with its 1 Series, while Audi may introduce the A4 from 2014. India is the world's largest hatchback ...
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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 ...
BMW Group expects record sales in 2012, CFO says
BMW's chief financial officer confirmed that the automaker will break its 2011 sales record by delivering about 1.8 million new cars worldwide. The BMW Group delivered 1.66 million vehicles globally through ...
Daimler merging its China Mercedes-Benz sales units into single company
Daimler AG has merged two of its Mercedes-Benz sales units in China into a single company, called Beijing Mercedes-Benz Sales Service Co. The move is part of Daimler's plans to increase ...
BMW’s new 4 Series to replace 3 Series Coupe and Cabriolet
BMW is renaming the next-generation 3 Series Coupe and Cabriolet the 4 Series to bring an aura of exclusivity and justify higher prices on these sporty, high-volume models. The BMW 4 ...
Audi CEO expects brand to meet goals in 2012 and continue growth in 2013
Audi AG announced it is on track to reach its goal of selling a record 1.4 million vehicles in 2012. The world's second-largest maker of luxury cars expects sales to grow ...
BMW achieves better than expected earnings in Q3
BMW is on track to increase profit in 2012 after posting third-quarter earnings that beat analysts' expectations. Third-quarter earnings before interest and taxes rose 14 percent to 2 billion euros ($2.6 ...
Audi CEO wants sales of 2 million vehicles a year by 2020
Audi's CEO Rupert Stadler said on Tuesday the carmaker aims to sell more than 2 million vehicles a year by 2020. The executive wants to make Audi the world's largest maker ...
Audi CEO predicts 2012 will be a tough year for the auto industry
Audi CEO Rupert Stadler says the automotive industry faces a tougher year in 2012 than in 2011. In an interview with Reuters, the executive admitted however that this should not be ...
Audi set to overtake Mercedes-Benz in 2011 global sales ranking
Audi has big chances of overtaking the Mercedes-Benz brand in global sales at the end of this year and become the world's second best selling premium brand behind BMW. In the ...

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