Luxury

German premium brands hit by China stock market turmoil, slowing economy

July 13, 2015 15:15 CET

Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers....
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Tesla hires ex-Burberry exec to lead N.A. sales

6:43 am U.S. ET | July 10, 2015

Tesla has hired former Burberry senior vice president Ganesh Srivats, adding a sales executive to help the electric-car maker extend its reputation for automotive luxury to an increasingly global audience....
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Marchionne bets Maserati can replace Ferrari as a prestige profit driver

7:46 am U.S. ET | July 8, 2015

Fiat is spinning off Ferrari later this year, losing its top luxury brand. CEO Sergio Marchionne badly needs Maserati to fill the vacuum....
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Mercedes readies advanced safety tech for next E class

6:00 pm U.S. ET | July 7, 2015

Mercedes-Benz will introduce a new suite of advanced safety and autonomous driving features on the redesigned E-class sedan next spring. Calling the new features “real life safety,” Mercedes-Benz executives say the intelligent and safety systems bring its vehicles closer to accident-free and autonomous driving....
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Mercedes will pass VW in Japan this year on surging luxury car sales

July 6, 2015 11:30 CET

Mercedes will likely pass Volkswagen this year to become the top-selling import brand in Japan for the first time in 16 years, underscoring the nation's surprising boom in demand for luxury cars....
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BMW slips past Mercedes with record June for U.S. luxury lead

3:21 pm U.S. ET | July 1, 2015

BMW took the lead over Mercedes-Benz in U.S. luxury-auto sales at the halfway point this year with its best-ever June....
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Audi makes key A4 model longer and lighter

June 29, 2015 14:23 CET

Audi released details and pictures of its new-generation A4, whose success will be crucial to the automaker's goal of passing BMW as the world's top-selling premium brand. The new A4 is slightly larger than the current model, which is Audi's global best-seller, but is lighter and has a more spacious interior....
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Alfa's high-power reboot

12:01 am U.S. ET | June 29, 2015

To revive Alfa Romeo, Sergio Marchionne, CEO of Fiat Chrysler Automobiles, plans a performance-first approach. German premium competitors launch mainstream versions of their core models first and add high-performance variants later - RS at Audi, M at BMW and AMG at Mercedes-Benz. Alfa will do the opposite....
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Analysts doubt Sergio's lofty Alfa goals

12:01 am U.S. ET | June 29, 2015

Analysts are skeptical that Fiat Chrysler Automobiles CEO Sergio Marchionne can achieve his ambitious sales goals for Alfa Romeo. "Despite our love of Alfa's past, we're unconvinced by its future," said Max Warburton, an analyst at Sanford C. Bernstein Ltd. in Singapore....
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Infiniti reveals 2016 Q30 compact hatch - in camouflage

1:00 am U.S. ET | June 19, 2015

Infiniti intends to officially unveil the English-made Q30 hatch in September at the Frankfurt motor show. It goes on sale in Europe late this year and is expected in U.S. showrooms some time in 2016....
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Alfa's new sport sedan to get Ferrari V-6 power, report says

10:07 am U.S. ET | June 19, 2015

The new Alfa Romeo sport sedan, which is set to be introduced next week in Italy, is expected to feature a Ferrari-derived V-6 engine under the hood, according to a report....
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Mercedes-Benz mulls return of R class for some markets

10:07 am U.S. ET | June 19, 2015

Mercedes-Benz, acknowledging the resurgence in luxury SUVs and crossovers following a brief lull, may bring the R class back to some international markets, according to a report....
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Mercedes GLC crossover moves up in size, features from GLK

1:00 pm U.S. ET | June 17, 2015

Mercedes-Benz has renamed the up-sized second generation of its compact crossover and will offer coupe, performance and plug-in hybrid variants. The 2016 GLC, which goes on sale in mid-November, replaces the GLK....
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Mercedes adds India output of GLA in bid to regain luxury-car lead in market

June 12, 2015 12:42 CET

Mercedes is boosting local output in India by adding production of the GLA at its factory in Pune. The automaker expects the move will help it lower the crossover's starting price, which should give Mercedes a sales lift as it tries to pass Audi for the market's premium-car lead....
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Daimler steps up savings efforts to close gap with rivals

1:18 pm U.S. ET | June 11, 2015

German carmaker Daimler said today it will step up cost-cutting efforts as it wants to see its premium Mercedes-Benz brand catch up with more profitable rivals Audi and BMW....
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BMW's next-gen 7 series goes long on tech

1:30 pm U.S. ET | June 10, 2015

BMW's sixth-generation 7-series flagship sedan will use gee-whiz technology aimed at keeping buyers from defecting to rivals. Features include the largest head-up display in the industry, fully autonomous parking and the world's first use of gesture-recognition controls in a production car....
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2015 AUTOMOTIVE NEWS EUROPE CONGRESS

Aston Martin will decide on new plant in third quarter

June 10, 2015 13:06 CET

Aston Martin will decide on the location of its new plant to build the upcoming DBX crossover in the third quarter, CEO Andy Palmer said. Potential sites in the U.S. and the UK are under consideration, Palmer said....
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Nissan banks on racier Maxima to draw younger buyers

11:16 am U.S. ET | June 4, 2015

The redesigned Nissan Maxima, positioned to intercept younger premium-segment consumers, will re-emphasize the “4-door sports car” marketing tagline of years past....
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BMW's record May trims gap with Mercedes for U.S. luxury crown

3:31 pm U.S. ET | June 2, 2015

BMW sold a May record 31,003 cars and SUVs in the U.S., narrowing Mercedes-Benz's luxury-vehicle lead as both brands benefit from expanding lineups....
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Golf family helps VW break U.S. losing streak

12:45 pm U.S. ET | June 2, 2015

The Volkswagen brand broke a three-month slump in U.S. sales with an 8.1 percent gain in May, while its luxury sibling Audi continued its hot streak to post its second-best U.S. sales month on record....
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Porsche's wealthy Chinese buyers choose less costly models

June 2, 2015 12:18 CET

Porsche’s wealthy Chinese customers are settling for less expensive models as a government crackdown on graft and conspicuous consumption slows luxury sales....
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GABE NELSON

Android Auto's simplicity is such a luxury

12:01 am U.S. ET | June 1, 2015

Usually with a car, the more you pay, the more you get. The launch of Google's Android Auto and Apple's CarPlay infotainment interfaces could upend that rule....
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Audi targets volume brands to keep China luxury lead

May 29, 2015 06:01 CET

Audi expects to offset softening demand for large luxury cars in China by winning sales from volume brands. Younger consumers are switching from midsize models to compact premium cars such as the A3 Sportback, according to company executives....
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JLR aiming high with SVO unit

12:01 am U.S. ET | May 25, 2015

Jaguar Land Rover hopes to match its German competition with a specially badged line of performance and luxury variants....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Why PSA chief Tavares is betting big on DS' long-term success

May 16, 2015 06:01 CET

Making a success of the DS brand is a big task facing PSA/Peugeot-Citroen CEO Carlos Tavares. PSA revived the DS badge for near-premium models five years ago, hoping its association with iconic Citroen DS cars would give the line instant appeal....
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