Maybach production ends ahead of planAug. 16, 2012 06:01 CET  Daimler ended production of its Maybach superluxury brand in June. The automaker had said previously it would stop output of the poor-selling brand in 2013 when the new Mercedes S class arrived.... Read More »
BMW expects 'solid gains' in second half despite flat Europe salesAug. 7, 2012 13:19 CET  BMW said it expects to make 'solid gains' in the second half, despite flat European demand, after group sales rose a record 5 percent to 135,537 last month.... Read More »
FUTURE PRODUCTS -- EUROPE Coupe version of Rolls' Ghost is on the way 12:01 am U.S. ET | Aug. 6, 2012  Rolls-Royce executives says derivatives of the Ghost sedan probably will appear within two years, but they have axed plans for an electric Rolls-Royce.... Read More »
BMW quarterly profit drops for first time in 3 yearsAug. 1, 2012 08:19 CET  BMW reported its first drop in quarterly profit in almost three years on increased spending on new models and pricing pressure. Second-quarter EBIT declined 19 percent to 2.27 billion euros. BMW forecast an automotive profit margin for the full year that's below the level from the first half.... Read More »
BMW expects record 2012 global car sales despite flat EuropeJuly 6, 2012 15:05 CET  BMW said it expects to achieve record car sales this year despite a flat European market after posting gains of 4 percent in June deliveries and an 8 percent rise for the first six months.... Read More »
Rolls-Royce boosts China presence with new market bossJune 29, 2012 12:57 CET  Rolls-Royce has boosted the importance of its China operations by appointing a director for the market for the first time. Henrik Wilhelmsmeyer becomes the BMW-owned brand's director for mainland China on July 1.... Read More »
Rolls-Royce opens second showroom in Russia on growing demandJune 28, 2012 09:19 CET  Rolls-Royce is opening a second showroom in Moscow, making the Russian capital one of two cities in the world, after New York, with more than one dealership for the ultra-luxury cars.... Read More »
Rolls-Royce names ex Jaguar exec as its design chiefJune 28, 2012 12:38 CET  Rolls-Royce has promoted Giles Taylor, its head of exterior design, to the role of overall design director.... Read More »
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