BMW global sales rise 7% in AprilMay 13, 2013 13:43 CET  BMW Group said today that sales of its BMW, Mini and Rolls-Royce brands rose by 7 percent to 155,419 vehicles in April, an record high for the month.... Read More »
LUCA CIFERRI Why even a weak China is good news for European automakers 12:01 am U.S. ET | April 24, 2013  The Shanghai auto show proved once again that China is the promised land for automakers, particularly Europeans bracing for a sixth straight year of declining car sales in their home region.... Read More »
2013 SHANGHAI AUTO SHOW Rolls-Royce's China growth may slow as gov't seeks to brake lavish spendingApril 21, 2013 08:04 CET  Rolls-Royce is seeing slowing growth in China. The brand expects sales growth of 2 percent to 3 percent a year in the country this year, CEO Torsten Mueller-Oetvoes said.... Read More »
RICHARD JOHNSON Thatcher forged lasting imprint on Europe's luxury brands 12:01 am U.S. ET | April 9, 2013  Britain's auto industry changed dramatically under Maggie Thatcher's government. Her decision to allow foreign ownership of British carmakers set off a bidding war between General Motors and Ford.... Read More »
NEW PRODUCT Satellites control new Rolls' gearshiftsMarch 21, 2013 06:01 CET  The Rolls-Royce Wraith, a fastback that debuts in the final quarter of 2013, will use satellite data that detect changing road conditions to help shift its ZF eight-speed automatic transmission.... Read More »
Ex-Audi sales boss to head Mini, Rolls 12:01 am U.S. ET | March 18, 2013  BMW Group has named former Audi sales chief Peter Schwarzenbauer as its board member in charge of Mini, Rolls-Royce, BMW motorcycles and group aftersales. Schwarzenbauer, 53, ran Audi's sales and marketing for more than four years.... Read More »
Satellites control new Rolls' gearshifts 12:01 am U.S. ET | March 18, 2013  The Rolls-Royce Wraith, a fastback that debuts this fall, will use satellite data that detect changing road conditions to help shift its ZF eight-speed automatic transmission.... Read More »
BMW appoints ex-Audi sales chief Schwarzenbauer chief of Mini, Rolls 8:26 am U.S. ET | March 14, 2013  BMW Group has hired Peter Schwarzenbauer, the former Audi sales chief, to head its Mini and Rolls-Royce brands and named Harald Krueger as its new head of production. Krueger succeeds Frank-Peter Arndt, who is leaving the company due to health reasons.... Read More »
BMW 2012 profit gains as China demand offsets Europe dropMarch 14, 2013 12:49 CET  BMW reported a 3.5 percent gain in 2012 profit as demand for the new 3-series sedan in China and the U.S. more than offset a market downturn in Europe. Earnings before interest and taxes rose to 8.3 billion euros ($10.7 billion) from 8.02 billion euros a year earlier.... Read More »
BMW names ex-Audi sales chief Schwarzenbauer boss of Mini, RollsMarch 14, 2013 14:26 CET  BMW Group has hired Peter Schwarzenbauer, the former Audi sales chief, to head its Mini and Rolls-Royce brands and named Harald Krueger as its new head of production. Krueger succeeds Frank-Peter Arndt, who is leaving the company due to health reasons.... Read More »
BMW's 2012 profits edge up as U.S., China offset Europe slump 6:49 am U.S. ET | March 14, 2013  BMW reported a 3.5 percent gain in 2012 profit as demand for the new 3-series sedan in China and the U.S. more than offset a market downturn in Europe. Earnings before interest and taxes rose to $10.7 billion, the company said today. BMW is targeting a third consecutive year of record deliveries in 2013.... Read More »
GENEVA AUTO SHOW Gems from Geneva 12:01 am U.S. ET | March 11, 2013 The annual Swiss auto extravaganza never disappoints when it comes to the super-fast, the super-luxurious and the well-intentioned wacky.... Read More »
2013 GENEVA AUTO SHOW Rolls-Royce and Bentley intensify luxury battleMarch 2, 2013 10:01 CET  Rolls-Royce and Bentley will unveil new vehicles at the Geneva auto show as they intensify their battle in the fast-growing luxury end of the market. Rolls-Royce will debut a two-door coupe version of its Ghost model, known as the Wraith. Bentley will unveil its updated Flying Spur.... Read More »
GENEVA AUTO SHOW PREVIEW Luxury to the max 12:01 am U.S. ET | Feb. 25, 2013  European automakers are reeling from a slump in sales, but the focus at the Geneva auto show next week will be on the kinds of cars that have largely escaped the region's downturn -- super-expensive ones.... Read More »
Rolls: Wraith will rock 12:01 am U.S. ET | Feb. 4, 2013 Rolls-Royce's Wraith coupe, which debuts at the Geneva auto show next month, apparently will break some styling ground for the English luxury brand.... Read More »
FINAL ASSEMBLY How the high rollers buy a Rolls-Royce 12:01 am U.S. ET | Jan. 21, 2013  Ian Robertson, BMW's global head of sales and marketing, was discussing the impulsiveness of some car buyers -- especially high rollers -- when he recalled his days as CEO of Rolls-Royce.... Read More »
Rolls-Royce to unveil 'most powerful' model at Geneva showJan. 18, 2013 13:19 CET  Rolls-Royce will debut a new model, called the Wraith, expanding its lineup to tap growing demand from wealthy consumers in the U.S. and China.... Read More »
Rolls-Royce to unveil new car within weeksJan. 14, 2013 13:04 CET  Rolls-Royce plans to unveil a new car in the next couple of weeks to help extend record sales, CEO Torsten Mueller-Oetvoes said.... Read More »
BMW aims for record 2013 sales despite 'headwinds'Jan. 10, 2013 09:16 CET  BMW Group predicts 2013 will be an even better sales year than 2012, during which it sold a record 1.85 million vehicles worldwide. “We enter the new year with positive momentum and despite the prevailing headwinds in some markets, we aim to achieve another record year in sales in 2013," BMW sales and marketing boss Ian Robertson said.... Read More »
Rolls-Royce expands global dealerships to target wealthy outside Europe 12:01 am U.S. ET | Dec. 1, 2012  Rolls-Royce aims to increase its global dealerships to 120 from 105 within five years to target millionaires in markets like Chile, Thailand and Vietnam, who are unfazed by Europe's debt crisis.... Read More »
Rolls-Royce expands global dealerships to target wealthy outside EuropeNov. 27, 2012 06:01 CET  Rolls-Royce aims to grow its global dealerships to 120 from 105 within five years in a bid to target millionaires in markets like Chile, Thailand and Vietnam, who are unfazed by Europe's debt crisis.... Read More »
BMW on course for 2012 sales record after strong OctoberNov. 9, 2012 14:42 CET  BMW said it is heading for its best sales year despite a flat European market after the company's October global volume increased by 13.2 percent to 157,618 vehicles.... Read More »
Strong September helps BMW maintain sales lead over Audi, MercedesOct. 9, 2012 10:58 CET  BMW increased vehicle sales at its flagship BMW brand by 14.3 percent to 146,843 in September thanks to strong demand in China, the United States and Europe. The growth helped BMW to maintain its sales lead over premium competitors Audi and Mercedes-Benz.... Read More »
Rolls-Royce sees second year of record sales on Asia demandSept. 8, 2012 06:01 CET  Rolls-Royce forecast a second year of record sales as growth fueled by Asian wealth outweighs the economic slump in Europe. BMW's superluxury unit is on track to sell more than the 3,538 vehicles it delivered last year, when it had the highest sales in its 107-year history.... Read More »
BMW's August vehicle sales rise 9.7% on China demandSept. 7, 2012 11:16 CET  BMW sales in August increased 9.7 percent to a record 121,615 vehicles because of strong demand in China, where sales were up by more than a third from the same period last year.... Read More »
|
