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BMW first in 2014 sales, but also in money race


While BMW, Audi and Mercedes-Benz are entrenched in a bitter feud over who’s the luxury segment sales leader, investors in the German automakers are more interested in who’s making the most money. And, as BMW AG’s namesake brand is the first in Q1 sales for 2014, it looks like it’s also on track to win the money race – as investor ...
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Audi says expansion and model costs to dent profit
While for the first two months of 2014 the German maker Audi managed to win the eternal No.1 race in the luxury segment, it also said its operating profit would ...
Malaysia to offer incentives for energy efficient vehicles
Potentially benefiting Honda and Nissan, who have operations there, Malaysia will issue licenses and incentives for manufacturers to make small, energy efficient cars in Southeast Asia's former auto hub. Malaysia was ...
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 ...
UK’s car industry goal is now to boost the supply chain
The UK car industry is on a global offensive to rebuild its diminished supply chain behind its auto business, targeting 15,000 new jobs and almost 200 fresh projects over the ...
Luxury automakers going back to traditional U.S. and Japan markets?
As the years of profiting from China’s growing appetite for hyper-luxury are almost at an end, automakers like Lamborghini are signaling a shift back to more traditional markets such as ...
Report – Fiat will invest massive amount to produce the Maserati SUV at its Turin factory
We all know for a while now that Maserati plans to introduce a SUV – the Kubang – to fight the offensive of the premium and future luxury offerings in ...
$167 million will be invested by GM in Tennessee plant
General Motors announced on Tuesday it is ready to boost the investments into its Tennessee assembly plant by $167 million for the production of two new future vehicles. The automaker said ...
Ford and GM Invest Heavily in Russia
Ford and GM invest heavily in Russia to benefit of growth and increased demand for SUVs. "It's one of the few markets in Europe that is still growing," said Carol Thomas, ...
Jaguar Land Rover Makes Big Investments to Expand Globally
Jaguar Land Rover plans to invest £11 billion in the following four years to increase capacity and add new products globally. JLR will spend £2.75 billion annually in the following four ...

latest automotive news
Jaguar Land Rover to start local production in China
The British multinational company owned by India’s Tata Motors is poised to begin local car assembly in China by the ...
GM aims to further expand its China operations
As last year it lost for the first time in eight years the sales crown in China, General Motors prepares ...
Elon Musk visits China as Tesla prepares to kick off sales
While Tesla has been America’s financial sweetheart for much of last year and the first quarter, China is a rather ...
China: Volkswagen AG could again outpace General Motors
Last year, the Volkswagen group managed to snatch by a very small margin GM’s global second place among carmakers – ...
Volvo says China poised to become its largest market
Owned now by China’s Zhejiang Geely Holding Group, Volvo – the Swedish premium manufacturer – is now expecting the country ...
Ford’s Everest concept is close to China production
After the US automaker unveiled for the first time the Everest concept last year in Australia and brought a near ...
Volkswagen ready to start development on affordable car concept
Looks like Renault’s budget car brand Dacia’s success is making the competition restless – now Europe’s largest automaker, Volkswagen has ...
2014 Beijing Motor Show: Lamborghini Aventador Nazionale
The new Lamborghini Aventador Nazionale has been officially introduced at the 2014 Beijing Motor Show. Lamborghini’s Ad Personam customization program has ...
McLaren feeling Whitmarsh effect – Lauda
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Raikkonen denies struggle due to lagging motivation
Apr.21 (GMM/Inautonews.com) Kimi Raikkonen on Sunday lashed out at suggestions his struggle at Ferrari so far in 2014 might ...
‘Focused’ Hamilton on charge for title – Lauda
Apr.21 (GMM/Inautonews.com) Niki Lauda couldn't resist a jibe at rivals Ferrari on Sunday after the botched chequered flag incident ...
Alonso says China podium belongs to Domenicali
Apr.21 (GMM/Inautonews.com) Fernando Alonso has suggested Ferrari's new boss cannot take the credit for his breakthrough podium in China. After ...
2014 Beijing Motor Show: 2015 Peugeot 408 Sedan
The brand new Peugeot 408 Sedan has been officially unveiled during the 2014 Beijing Motor Show, in a world premiere. Officially ...
2014 Beijing Motor Show: Audi TT Offroad Concept
Audi has brought its newest creation to the 2014 Beijing Motor Show, the TT Offroad Concept. The four-ring car manufacturer is ...
2014 Beijing Motor Show: Volkswagen Golf R 400 Concept
The new one-off Volkswagen Golf R 400 has recently made its public debut at the 2014 Beijing Motor Show. Originally teased ...
2014 Beijing Motor Show: Production-ready Ford Escort
The production-ready version of the Ford Escort, aimed exclusively for the Chinese automotive market, has been officially unveiled during the ...
2014 Beijing Motor Show: 2015 Chevrolet Cruze
The new generation of the Chevrolet Cruze has been officially presented to the public attending the 2014th edition of the ...