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Record sales for Bentley in 2013 – up 19 percent compared to 2012


British carmaker Bentley Motors on Wednesday said it sold 10,120 cars new luxury vehicles in 2013 – up 19 percent compared to 2012. Bentley, a brand of Volkswagen Group said 2013 was the best year in company’s 95-year history, against 8,510 in 2012. It also said that last year the automaker was able to increase its sales network by 11 percent, ...
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Jaguar disavows its tradition and wants SUVs and mass market sedans
In a move in stark contrast to its luxury roots but very good for the recovering British motor industry, Jaguar has announced its plans to invest $2.4 billion (1.53 billion ...
Ford executive admits Lincoln is not yet a true luxury brand
J Mays, Ford’s design chief acknowledged the automaker’s struggling Lincoln brand is “not true luxury,” and faces a tough road back to premium identity that will take years. The executive pointed ...
BMW Sees Profit Margin in China Falling
A BMW executive said the automaker expects its profit margin in China to slowly and continuously drop in the following years, due to increasing challenges in the world’s largest market ...
GM Plans to Take 10% of China’s Luxury Auto Market by 2020
GM plans to have 10% of China’s luxury auto market by 2020, the company plans to launch the new Cadillac models and expand its dealerships. Bob Socia, head of GM's China ...
Mercedes gets 12,000 orders for its new S-Class
Daimler AG, the maker of Mercedes-Benz luxury vehicles said it already received 12,000 orders for its new generation S-Class luxury sedan in the last four weeks. The German automaker counts on ...
Europe Automakers Fear EU-China Trade War Might Affect Auto Sales
Auto industry in Europe fears that China will decide to apply retaliatory trade duties on luxury vehicles imported from the EU. If the EU Commission will not stop accusing China over ...
Luxury Vehicle Prices Dropped in China in April
In April prices for imported vehicles in China have dropped the most in the past five months, as demand for luxury cars dropped on the government’s campaign to cut lavish ...
Bentley’s global deliveries rose 22 percent in 2012
Bentley Motors today announced global growth of 22 percent in 2012 as deliveries to customers increased to 8,510 cars (7,003 cars in 2011). The figure maintains Bentley’s position as the leading ...
Lexus Expects Sales to Increase in 2013, Despite Higher Taxes
Toyota plans to boost sales of its Lexus brand in 2013, even if the wealthy will have to pay higher taxes due to the federal budget deal. From January to October ...

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