LuxuryBMW's March advance trims Mercedes lead in U.S. luxury race 3:03 pm U.S. ET | April 2, 2013  BMW AG reported a 13 percent U.S. sales increase in March, cutting into the luxury-auto lead of Mercedes-Benz as both brands set records for the month.... Read More »
Luxury big 3 fight for sales, prestige, profits 12:01 am U.S. ET | April 1, 2013  The race to become the world's No. 1 luxury brand is heating up as Audi and Mercedes-Benz step up efforts to topple BMW.... Read More »
NEW PRODUCT Audi aims A3 sedan at young luxury buyersMarch 27, 2013 01:00 CET  Audi released the first images of its A3 sedan, a new variant of its A3 compact line that will compete for young luxury buyers with the Mercedes-Benz CLA. The sedan will mainly be aimed at customers in the United States and China where sedans are more popular than in Audi's home European market.... Read More »
For Chrysler, 300 SRT8 key to luxury inroads, fatter margins 12:01 am U.S. ET | March 24, 2013  Chrysler Group, for all its improved performance lately, doesn't sell a lot of luxury cars to wealthy aficionados of German sports sedans. With the new Chrysler 300 SRT8, the company hopes to change that. If the company is able to make a dent in the luxury market with the latest 300 variant, it would be just one more plank in Chrysler's recovery.... Read More »
PRODUCTION Audi plans extra shifts as A6, A7 orders riseMarch 22, 2013 09:52 CET  Audi added 12 extra shifts in the first quarter at its plant in Neckarsulm and is planning more in April due to strong demand for the A6 and A7 models.... Read More »
Renault ends work on Mercedes-based flagship sedanMarch 13, 2013 14:48 CET  Renault is no longer working with Daimler to develop an upscale sedan for the French automaker. Renault has stopped a feasibility study for the model, based on the Mercedes' E class platform, the automaker said.... Read More »
DAVE GUILFORD In the limelight, exotics shrug off austerity 12:01 am U.S. ET | March 6, 2013  So where's the new austere, euro-pinching European auto industry, the one that's struggling to cut capacity and bring wages to a competitive level? No where to be seen, at least at the luxo-elite displays here in Geneva.... Read More »
DAVE GUILFORD In the limelight, exotics shrug off austerity 1:22 pm U.S. ET | March 5, 2013  So where's the new austere, euro-pinching European auto industry, the one that's struggling to cut capacity and bring wages to a competitive level? No where to be seen, at least at the luxo-elite displays here in Geneva.... Read More »
Zetsche defends his strategy, job with CLA unveilingMarch 4, 2013 12:29 CET  Embattled Daimler boss Dieter Zetsche will this week defend his strategy -- and his job -- by unveiling a new Mercedes model which is part of a compact vehicle lineup, seen as key to the premium carmaker's turnaround.... Read More »
Russian automakers mull luxury brand to rival BMW, MercedesFeb. 14, 2013 14:29 CET  Russian automakers are considering their government's desire for a domestic luxury brand to challenge the dominance of Western premium brands such as BMW, Mercedes-Benz and Audi, but they appear cool on the proposal.... Read More »
Daimler sees flat 2013 profit after 10% fall last year 3:19 am U.S. ET | Feb. 7, 2013  Daimler forecast unchanged 2013 profit as spending for new models and a revamp of the automaker's operations eat into earnings. The company said earnings fell 10 percent in 2012.... Read More »
Zetsche's next term turns on Mercedes passing BMWFeb. 5, 2013 06:01 CET  Daimler's board is set to extend CEO Dieter Zetsche's contract by five years, handing him the chance to deliver on his goals or risk the Mercedes brand falling further behind its competitors.... Read More »
Mercedes takes early U.S. luxury lead after outselling BMW 3:26 pm U.S. ET | Feb. 1, 2013  Mercedes-Benz sales in the United States surged 11 percent in January, getting an early jump on its effort to top BMW in luxury auto sales for the year.... Read More »
Marchionne said to plan first Alfa Romeo SUV as Fiat losses mountJan. 29, 2013 06:19 CET  Fiat is said to plan the introduction of the first Alfa Romeo SUV in an effort to help transform the brand into a global luxury marque to challenge Audi and meet a target of tripling sales by 2016 to 300,000.... Read More »
BMW, Mercedes hatches head to India after China flopJan. 22, 2013 06:01 CET  Hatchbacks from BMW, Mercedes-Benz and Audi grew so popular in Europe that the carmakers bet Chinese consumers would feel the same way. They didn't. Next stop: India.... Read More »
Audi plans to double Middle East sales by 2020Jan. 22, 2013 06:01 CET  Audi says it plans to double sales in the Middle East to at least 20,000 vehicles a year by 2020, as it predicts premium car deliveries in the region will grow 12 to 15 percent this year.... Read More »
Aston Martin seeks engine partnerJan. 17, 2013 12:34 CET  Aston Martin is in talks with potential partners to jointly develop high-end engines and electronic parts to strengthen its sports-car lineup.... Read More »
Bentley sales to keep growing in double digits this year, CEO saysJan. 16, 2013 14:35 CET  Bentley CEO Wolfgang Schreiber expects 2013 to be another year of growth at the carmaker as demand in the U.S. and China remains robust. Global deliveries of the super-luxury brand rose 21 percent last year to 8,500 vehicles.... Read More »
2013 DETROIT AUTO SHOW Lincoln bids for younger crossover buyers with MKC 12:01 am U.S. ET | Jan. 13, 2013  The Lincoln MKC Concept makes its world debut at the Detroit show Monday, the second vehicle in a new generation of Lincolns aimed at young upscale customers. The MKC Concept is Lincoln's vision for its entry in a small segment that's rapidly growing in importance: compact luxury crossovers.... Read More »
2012 SALES New 3 helps BMW keep luxury crown 12:01 am U.S. ET | Jan. 7, 2013 A redesigned 3 series that debuted in February made the difference as BMW won its second straight U.S. luxury sales crown in 2012 by 7,376 units over Mercedes-Benz.... Read More »
Luxury race: Who can pamper buyers the most? 12:01 am U.S. ET | Dec. 31, 2012  Luxury vehicle buyers want service -- not just repairs done right, but the kind of pampering they get at high-end hotels, restaurants and boutiques. It's all about the extras. In response, luxury vehicle brands are stepping up their games, rolling out unprecedented customer service, training staff and reconfiguring showrooms to cater to these buyers.... Read More »
December U.S. auto sales expected to rise 14%, J.D. Power says 10:08 am U.S. ET | Dec. 20, 2012  Car shoppers have been “unfazed” by uncertainty related to the so-called fiscal cliff looming at the end of this month, and U.S. sales are expected to be up 14 percent in December, J.D. Power and Associates and LMC Automotive said today. If the forecasts prove accurate, total U.S. light-vehicle sales for 2012 would be about 14.5 million.... Read More »
Bentley names sales veteran Gerris as Europe directorDec. 15, 2012 06:01 CET  Bentley named veteran sales executive Bart Gerris as its regional director for Europe.... Read More »
Mercedes valued at half of BMW as Zetsche loses investorsDec. 15, 2012 06:01 CET  Daimler's investors have valued the company's Mercedes-Benz unit at around half that of rival BMW as CEO Dieter Zetsche seeks to reclaim the title of world's biggest luxury carmaker.... Read More »
JLR sales rise 14% in Nov. as China offsets weak N. AmericaDec. 13, 2012 07:19 CET  Jaguar Land Rover global sales rose a record 14 percent in November as China demand surged, helping to offset a decline in North American deliveries.... Read More »
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