LamborghiniItalians give up Ferraris, Maseratis as austerity measures biteAug. 15, 2012 06:01 CET The 204,000 euro Ferrari 458 Italia has never been a particularly common sight, even on the autostrade of its native Italy. Today, it's becoming even rarer as austerity measures drive Ferrari owners to export their supercars by the truckload.... Read More »
Volkswagen profit growth slows on European market's slumpJuly 26, 2012 10:19 CET Volkswagen Group reported slowing earnings growth as the impact of the sovereign debt crisis weighed on demand in its home region.... Read More »
PSA's problems grow while VW's profits soarJuly 24, 2012 08:19 CET When PSA reports earnings tomorrow, it's likely to show deepening losses as European new-car sales plunge. The decline will be magnified the following day when VW Group is expected to post record profits, the result of years of expansion outside the region and investments in Audi.... Read More »
BMW, others gain from closer ties with bloggersJune 12, 2012 07:04 CET BMW, Mercedes and other luxury brands are boosting efforts to court bloggers to target a growing audience of would-be buyers who can't be reached through TV and newspaper ads. BMW claimed an 88 million-euro ($110 million) revenue gain for its 1-series line by wooing customers with a Web-only campaign.... Read More »
Aston Martin to introduce successor to flagship DBS carsJune 11, 2012 06:01 CET Aston Martin is preparing to introduce a vehicle that will replace the flagship line of DBS automobiles. An announcement will be made soon and production will begin at the end of the year, said Michael van der Sande, the automaker's chief commercial officer.... Read More »
Lamborghini to add 6 dealerships in ChinaMay 29, 2012 09:24 CET Lamborghini plans to add 6 stores in China this year for a total of 20 dealerships -- a sign of its commitment to the market despite flat sales this year. The carmaker could receive another boost in China over the next few years if it decides to build the Urus SUV concept, which it unveiled last month at the Beijing auto show.... Read More »
Ferrari, Maserati and Lamborghini suspend production after second Italian earthquakeMay 29, 2012 15:52 CET Ferrari, Maserati and Lamborghini today suspended production after an earthquake killed 10 people in northern Italy where their factories are located. The three luxury sports car makers said their factories were not damaged in the quake but they had sent workers home.... Read More »
Lambo hopes to double sales if SUV is approved 12:01 am U.S. ET | May 14, 2012 Lamborghini's top engineer has a pretty good idea what he'll be doing for the next four to five years. "We were given a very challenging target: Make the production Urus the best-performing and lightest vehicle in its category. This is forcing us to think outside the box," Maurizio Reggiani, Lamborghini's r&d director, told Automotive News Europe. "We envisage a start of production no sooner than early 2017."... Read More »
Porsche's Mongolian push shows Chinese wealth heading inlandApril 30, 2012 06:01 CET Forget Beijing or Shanghai. Porsche, Maserati and Bentley are taking the fight for China's rich to the deserts of Inner Mongolia. Last month, Porsche opened a dealership in Ordos, a sparsely populated mining city in Mongolia, after sales jumped 10-fold in four years to 200 vehicles, according to the head of Porsche China.... Read More »
2012 BEIJING AUTO SHOW Maserati Kubang concept makes final show stopApril 24, 2012 09:57 CET Maserati says that the Beijing auto show will be the fourth and final auto-show appearance for its Kubang SUV concept. "After Beijing, we will retire the Kubang concept. Our SUV will reappear in its production form and with its final name in due time," Maserati CEO Harald Wester said.... Read More »
Lamborghini ultra-SUV concept stomps into fray 12:01 am U.S. ET | April 23, 2012 Lamborghini is considering building the exotic Urus SUV concept it is unveiling this week at the Beijing auto show.... Read More »
2012 BEIJING AUTO SHOW Lamborghini unveils Urus ultraluxury SUV conceptApril 22, 2012 11:07 CET Lamborghini unveiled the Urus concept that previews an SUV set to become the brand's third model line. The supercar maker foresees annual sales of 3,000 for the SUV, with China, the U.S., Europe, Russia and the Middle East as the main markets.... Read More »
Lamborghini could launch an SUV in 2017, CEO saysApril 12, 2012 14:54 CET Lamborghini will an unveil an SUV concept at the Beijing auto show later this month to test public reaction, ahead of a possible launch in 2017, CEO Stephan Winkelmann told a German newspaper.... Read More »
The 500 HP Club 12:01 am U.S. ET | April 2, 2012 At a time when fuel economy counts for just about everything, there's still a horsepower war raging in the United States. The number of fire-breathing wedge-shaped supercars and hot sedans and coupes that can pump out 500 hp or better has nearly doubled in the past five years to more than 70.... Read More »
Bentley will keep SUV concept's styling for Beijing showMarch 23, 2012 06:01 CET Bentley will show its SUV concept unchanged at the Beijing auto show next month despite receiving mixed public reaction when it was first revealed in Geneva. Some commentators said the SUV's styling was awkward and unrefined for an ultraluxury brand, but Bentley is not worried. "Getting global reaction from customers and the public is part of the process that the EXP 9 F is going through," a Bentley spokesman said.... Read More »
GENEVA AUTO SHOW Live from Geneva 12:01 am U.S. ET | March 19, 2012 Geneva's auto show is the place for supercar brands, design houses and even mainstream automakers to step out a bit, showing their most stylish stuff. That was certainly the case during this year's press days, with the stands holding everything from a bristling new Ferrari to an origami Toyota hybrid.... Read More »
VW targets steady 2012 profit as Europe faces slowdownMarch 12, 2012 10:34 CET VW Group aims to match last year's record profit in 2012 as the next generations of the Audi A3 and VW Golf help offset softer demand in Europe. "Despite all the uncertainties, we remain cautiously optimistic for the coming months," CEO Martin Winterkorn said.... Read More »
Bentley says SUV concept may become third model lineMarch 5, 2012 19:30 CET Bentley has revealed an SUV concept at the Geneva auto show, saying it could become the brand's third model line. “We know that Bentley customers already own SUVs. With the EXP 9 F, Bentley is making a clear statement of intent that we have both the expertise and desire to meet and exceed their expectations,” Bentley CEO Wolfgang Duerheimer said.... Read More »
Lamborghini targets China with new SUVFeb. 23, 2012 11:00 CET Lamborghini is upending tradition with a new SUV, joining Bentley and Maserati in super-sizing their supercars to make more of a mark in China. The sports-car maker will unveil an SUV study at the Beijing auto show . Bentley will display its own SUV concept at the Geneva auto show. Bentley and Lamborghini are playing catch-up with Maserati and Porsche.... Read More »
Lamborghini says slowing China economy may hurt supercar demandFeb. 20, 2012 12:19 CET Lamborghini said industry sales of ultra-luxury sports cars may slow as signs that China's economy is weakening puts off some buyers. The comments come as growth in the world's second-largest economy cooled to the slowest pace in more than two years in the fourth quarter.... Read More »
FINAL ASSEMBLY Updated version of 'Rambo Lambo' SUV is on the way 12:01 am U.S. ET | Feb. 6, 2012 Before the heyday of big SUVs in the 1990s, Lamborghini departed from its script and introduced the LM002 -- a muscular off-roader that was built in small numbers from 1986 to 1993. The "Rambo Lambo" was seen as an oddity for a company famed for such distinguished high-performance sports cars as the Miura and Countach. But now Lamborghini is primed to do a second SUV, a source at Audi, Lambo's parent company, tells Autoweek.... Read More »
Lamborghini set to reveal new SUVFeb. 2, 2012 06:01 CET Lamborghini is close to revealing a dramatically styled and luxuriously equipped SUV/crossover concept. The concept is set to get its first public airing at the Beijing motor show in late April.... Read More »
Lamborghini SUV confirmed 12:40 pm U.S. ET | Feb. 1, 2012 A senior source at Lamborghini's parent company, Audi, has confirmed reports that the Italian super car maker is close to revealing a dramatically styled and luxuriously equipped SUV/crossover concept.... Read More »
VW's 2011 China sales rise 18% to recordJan. 13, 2012 06:04 CET Volkswagen said its sales in China and Hong Kong climbed 18 percent last year to a record, led by deliveries of Lavida and Sagitar sedans and demand for Audi luxury cars. The VW Group, which also owns the Skoda and Bentley brands, sold 2.26 million vehicles in the two markets in 2011.... Read More »
Porsche joins Rolls-Royce in chasing record sales in 2012Jan. 11, 2012 08:49 CET Happy days are here again for Porsche, Lamborghini and other elite auto brands. Porsche has its biggest backlog ever, Lamborghini Aventador buyers may have to wait a year for delivery and China is fueling record Rolls-Royce demand.... Read More »
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