Spending

BMW, Audi, Mercedes help boost U.S. car sales with incentives

Sept. 4, 2014 11:44 CET
BMW, Audi and Mercedes all offered generous discounts to U.S. auto buyers in August that helped drive sales to the best month in eight years. Spending by vehicle averaged $4,912 at BMW last month, followed by $4,189 for Mercedes and $3,236 for Audi....
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VW may open planning center in Brazil to revive sales

July 25, 2014 10:07 CET
VW Group is mulling a planning center in Brazil. It would be part of the automaker's 3.6 billion euro ($4.85 billion) investment in new models, plants and technology for the country through 2018, sources said....
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BMW targets significant profit gain lifted by new models

March 19, 2014 12:43 CET
BMW Group forecasts ''significant'' gains in 2014 profit as new models like the 4-series Gran Coupe and i8 plug-in hybrid sports car propel record deliveries....
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Ford of Europe chief sees replacement demand driving car sales in 2014

Jan. 14, 2014 15:28 CET
Ford of Europe chief Stephen Odell said new-car sales in the automaker's 19 main European markets may rise almost 6 percent this year as customers replace aging vehicles....
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Audi will increase spending on new models, plants to catch BMW, report says

Dec. 18, 2013 15:56 CET
Audi will increase spending on new models, plants and technology in coming years as the carmaker steps up efforts to catch BMW, sources said....
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VW shields product-based spending from cost cuts

Nov. 22, 2013 13:57 CET
Volkswagen will keep spending on upgrading and expanding its range of models in the years ahead, despite lowering planned investment in other areas to offset rising costs....
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VW quarterly profit advances 20% as automaker cuts spending

Oct. 30, 2013 10:19 CET
VW Group reported a 20 percent increase in third-quarter operating profit as the automaker focused on cutting costs to boost earnings....
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Porsche plans 2014 profit gain as Macan joins 918 in lineup

Oct. 8, 2013 11:19 CET
Porsche said profit growth is likely to resume in 2014. Porsche's 18% return on sales makes it one of the world's most profitable automakers....
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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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