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2013 SHANGHAI AUTO SHOW Mercedes unveils GLA conceptApril 18, 2013 09:01 CET  Mercedes released pictures and details of the Concept GLA ahead of its debut at the Shanghai auto show. The production version will launch next year as a competitor to the BMW X1 and Audi Q3.... Read More »
SALES BMW widens luxury-car lead over Audi as Mercedes gains momentumApril 9, 2013 13:15 CET  BMW widened its luxury-auto sales lead over Audi last month on demand for the 3-series sedan and X1 SUV, while the Mercedes brand gained momentum with new small cars.... 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'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 »
BMW brand regained luxury sales lead from Audi in FebruaryMarch 8, 2013 13:44 CET  BMW regained the luxury lead from Audi after its vehicle sales rose 7 percent to 114,908 last month as increased demand in China, the UK and Russia offset weakness in Germany and other parts of Europe.... Read More »
GM looks to Encore small crossover to expand Buick's reach 1:10 pm U.S. ET | Jan. 22, 2013  GM is counting on the new Encore small crossover vehicle to bring more new customers to its premium Buick brand. The Encore, which went on sale in showrooms last week after launching last fall in China, is the fifth vehicle in the Buick brand, joining the larger Enclave crossover and the LaCrosse, Regal and Verano sedans.... Read More »
LUCA CIFERRI Suddenly, everything looks like a BMW X1 12:01 am U.S. ET | Dec. 10, 2012  At last month's Los Angeles Auto Show it seemed that BMW X1s were everywhere. A cute blue vehicle I passed looked just like an X1 compact crossover. Actually, it was a Mazda CX-5. On the Toyota stand, there was a concept for the new RAV4. I thought I was seeing things again Luca Ciferri is editor-in-chief for Automotive News Europe.... Read More »
BMW's surge in China sales reduces auto-market slowdown concernsOct. 5, 2012 07:49 CET  BMW Group's new-car sales in China surged last month, helping to ease concerns that the world's biggest automotive market is cooling too quickly.... 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 »
BMW will double engine production in China by 2015Aug. 8, 2012 13:57 CET  BMW's joint venture with China's Brilliance plans to double its annual engine output to 400,000 units by 2015. The partnership last week unveiled plans to build its second engine plant next year in the northeast China city of Shenyang.... 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 »
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 »
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