Luxury

Audi joins Mercedes in narrowing luxury-car sales gap with BMW

July 8, 2014 10:57 CET
Audi and Mercedes narrowed their sales gaps with global luxury-car leader BMW during the first half on robust sales of Audi's A3 compact and Mercedes' S-class flagship....
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Audi joins Mercedes in narrowing BMW's global luxury lead

6:55 am U.S. ET | July 8, 2014
Audi's A3 compact sedan and Mercedes-Benz's top-of-the-line S-class model helped the German companies narrow the sales gap with global luxury-car leader BMW in the first half of 2014....
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BMW to invest $1 billion in new plant in Mexico, employ 1,500 workers

1:40 pm U.S. ET | July 3, 2014
BMW plans to spend $1 billion to build a plant in San Luis Potosi, Mexico, with capacity of about 150,000 units per year, the company said today. Start of production is planned for 2019, with a work force of about 1,500 employees, said Harald Krueger, BMW board member for production, in a statement. BMW did not disclose what models it will build at the plant....
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VW takes Passat upscale to escape mid-market struggles

July 2, 2014 10:45 CET
Volkswagen is moving its new Passat upscale in Europe in a move aimed at lifting the model clear of a struggling market for mid-priced cars without alienating core family customers....
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BMW holds U.S. luxury segment lead over Mercedes, Lexus

5:24 pm U.S. ET | July 1, 2014
BMW won the June luxury sales crown in the United States and widened its lead over Mercedes and Lexus during the first six months. Last month, BMW sold 30,201 vehicles, a 12 percent increase, helped by the 5-series sedan, which surged 77 percent to 7,940 deliveries. Mercedes rose 8.6 percent to 26,506, helped by a 25 percent gain to 6,500 for the E-class sedan....
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BEST PRACTICES

High-end Hyundai buyers enjoy private lounge, dinners and more

12:01 am U.S. ET | June 30, 2014
The lounge inside Burns Hyundai in Marlton, N.J., offers red-carpet perks to Genesis and Equus buyers. It has been essential to winning over customers from brands such as Lexus, BMW and Mercedes-Benz....
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MULALLY'S SCORECARD

Ford's outgoing CEO mainly brought his A-game, but technology and luxury were struggles

12:01 am U.S. ET | June 29, 2014
After an eight-year run in which he spearheaded the salvation of Ford, Alan Mulally hands the CEO job to Mark Fields on Tuesday, July 1. But, like all great leaders, Mulally did not succeed in everything he tackled....
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Mercedes' $1 million S-class Pullman upstages Rolls-Royce on price, size

June 26, 2014 11:31 CET
Mercedes' new top-of-the-range S-class Pullman will be larger and cost over twice the price of the extended wheelbase version of the Rolls-Royce Phantom when it goes on sale next year....
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No apologies from Cadillac CMO

7:00 am U.S. ET | June 23, 2014
Uwe Ellinghau is unapologetic about pushing four-wheeled symbols of affluence. And the former BMW marketing executive is about to deliver a wake-up call to American sports executives by undertaking a line-by-line assessment of every nickel Cadillac spends on sports marketing. He is charged with creating a consistent brand strategy for Cadillac around the world -- rather than the localized efforts that have produced mixed results...
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Premium automakers will lead shift to wireless EV charging

June 20, 2014 06:01 CET
Premium carmakers will lead a move toward new wireless technology for charging electric vehicle batteries, a global market analysis report said....
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Maserati on track to meet sales targets, CEO Wester says

June 19, 2014 15:45 CET
Maserati is on track to meet sales targets of 50,000 in 2015 and 75,000 in 2018, CEO Harald Wester said. The company sold 15,400 cars globally in 2013....
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Cadillac's third U.S. sales chief in 2 years leaves GM

6:11 am U.S. ET | June 18, 2014
Cadillac's United States sales chief Bill Peffer is out after less than 10 months, the brand's third head of sales to leave in two years as the executive turnover continues inside GM's sales organization....
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Luxury may lead wireless EV recharging

12:01 am U.S. ET | June 16, 2014
Luxury automakers will lead a migration to a new wireless technology for charging electric vehicle batteries, a forecast by the global market analysis firm Frost & Sullivan says....
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BMW holds off Audi as A3 tightens race for luxury-car lead

6:27 am U.S. ET | June 10, 2014
BMW held onto the lead in global luxury-car sales as demand for 5-series sedans and X5 SUVs helped edge out Audi....
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BMW takes the luxury brand lead in May

12:01 am U.S. ET | June 9, 2014
BMW overtook Mercedes-Benz in May as the top-selling luxury brand in the United States so far this year. The BMW brand boosted sales in May by 17 percent, helped by a 28 percent jump in deliveries of SUVs and crossovers, such as the X3, which more than doubled to 5,723 units from a year earlier....
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Mercedes sales rise 10% in May on C class, compacts

June 6, 2014 12:45 CET
Mercedes' global brand sales rose 10 percent in May, helped by demand for the new C class and the carmaker's growing lineup of compacts....
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2014 AUTOMOTIVE NEWS EUROPE CONGRESS

Renault committed to expanding upscale offerings with Initiale Paris, CFO says

June 4, 2014 16:58 CET
Renault is committed to expanding its upscale offerings with its Initiale Paris badge, Dominique Thormann, the carmaker's Chief Financial Officer, said at the Automotive News Europe Congress....
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BMW leads Mercedes in U.S. luxury sales race in May

June 4, 2014 06:01 CET
BMW topped Mercedes in May U.S. sales as smaller, cheaper models and fashionable SUVs helped luxury brands increase deliveries....
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BMW tops Mercedes in May as cheaper luxury models woo buyers

5:07 pm U.S. ET | June 3, 2014
BMW topped Mercedes in May sales as cheaper models and fashionable crossover vehicles helped luxury brands gain traction in the United States with new buyers enjoying rising disposable income....
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Ford's shift upscale across Europe draws skeptics

12:01 am U.S. ET | May 27, 2014
Ford intends to compete with premium automakers with high-end versions of its mass-market models in a bid to end years of financial losses in Europe. But the strategy is not without risk....
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Ford's upscale push in Europe draws skeptics

May 26, 2014 12:58 CET
Ford intends to compete with premium carmakers with high-end versions of its mass-market models in a bid to end years of losses in Europe, but the strategy is not without risk....
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Bentley boosts work force ahead of SUV output

May 20, 2014 12:01 CET
Bentley will create 140 new jobs at its UK headquarters ahead of the production start for its first SUV in 2016. The majority of the new hires will be engineers....
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Kia's quest: Jump into mainstream

12:01 am U.S. ET | May 19, 2014
Kia executives in Seoul say the top-shelf K900 sedan, which hit showrooms in March, is key to a grand plan to transform Kia into a mainstream brand on par with Volkswagen or Toyota by 2018....
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$60,000 Kia K900 made for 'confident individualists,' says VP

4:06 pm U.S. ET | May 15, 2014
Kia is taking the slow and steady approach to its freshly launched K900 luxury sedan....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Premium SUVs poised for sales surge after disappointing 2013

May 14, 2014 06:01 CET
European sales of premium SUVs are expected to surge as the market heads toward 1 million units by 2020, analysts predict. The sector has expanded as key players such as BMW, Audi and Mercedes-Benz have all launched smaller models....
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