Audi Car Group – Financial Results | Audi: after first quarter key financial figures continue on high level Although the economic climate has deteriorated further in a number of European countries, Audi enjoyed a very successful opening quarter with some 369,500 deliveries to customers. With €11.734 billion revenue for the...
Read more 2013 Kia Carens: Kia Announces Carens UK Specification and Pricing
2013 Kia Carens Kia UK has now announced pricing and specification details for the all-new Carens that is now available to order from Kia dealerships across the UK. The all-new third-generation 7-seater Carens completes the design-led revolution that President and Chief Design Officer Peter Schreyer began only a few years...
Read more Chrysler Group Reported First-Quarter 2013 Net Income of $166 Million
Chrysler Group LLC today reported its preliminary 2013 first-quarter results, including net income of $166 million on revenue of $15.4 billion. As anticipated, the quarter was negatively affected by the reduced vehicle shipments that resulted from key product launches, namely the 2013 Ram Heavy Duty trucks and the 2014 Jeep...
Read more Ford Credit Reports First Quarter Pre-tax Profit of $507 Million
Ford Motor Credit Company reported a pre-tax profit of $507 million in the first quarter of 2013, compared with $452 million a year earlier. The increase in pre-tax earnings is primarily explained by higher receivables and favorable residual performance, offset partially by lower credit loss reserve reductions. Ford Credit’s net...
Read more Renault will produce 82,000 Nissan Micra in Flins plant
The Renault Flins plant, located near Paris, France, was selected by Renault to produce the next-generation Nissan Micra. Production will begin in 2016 at an estimated annual volume of 82,000 vehicles. Nissan, Renault’s Alliance partner, requested the French vehicle manufacturer to produce the next-generation Nissan Micra in Europe at a...
Read more 2014 CIAS Toronto and the New Lexus Concepts
The recent Toronto CIAS expo, held from February 14th to the 24th, saw a range of new cars and concepts appear, and signal some exciting developments for the near future. Notable cars at the show included new Dodge Vipers, a BMW M6 Gran Coupe, a Jaguar F-Type, and LF-lC and...
Read more Ford Focus, C-MAX Energi, Lincoln MKZ Hybrid are Best Green Cars
The best green cars! Ford Focus Electric, C-MAX Energi and Lincoln MKZ Hybrid were named to the KBB.com list of 10 Best Green Cars of 2013. Kelley Blue Book editors chose the vehicles for being environmentally friendly and for providing commentary and mileage information. Focus Electric, C-MAX Energi and MKZ...
Read more Kia: Best Ever March for Kia Sales (19,204 sales)
Kia: Best Ever March for Kia Sales – Best first quarter since 2010 scrappage peak with 19,204 sales Kia Motors set a new record for sales in the UK during March with 12,608 vehicles delivered to customers – helping the brand to its best first quarter result since the height...
Read more Volkswagen Group Delivers 2.27 Million Vehicles
Volkswagen Group Delivers 2.27 Million Vehicles in First Quarter The Volkswagen Passenger Cars brand delivered 1.43 (1.36; +5.2 percent) million vehicles to customers worldwide from January to March. The brand continued to develop well in the Asia-Pacific region, where deliveries ran at 653,500 (540,600; +20.9 percent). In the North America...
Read more EU validates Audi LED technology as eco-innovation
Lighting systems have a tremendous effect on an automobile’s fuel economy. Conventional halogen units, for example, consume over 135 watts of power in their low-beam headlight mode. By comparison, LED headlights from Audi operate with significantly better energy efficiency – the low-beam lights only consume around 80 watts. LED headlights...
Read more Muscle Cars: America’s Greatest Car Offerings
Muscle car is a term used to refer to a variety of high-performance automobiles According to Muscle Cars, a book written by Peter Henshaw, a “muscle car” is “exactly what the name implies. It is a product of the American car industry adhering to the hot rodder’s philosophy of taking...
Read more Toyota Motor Car Reports Sales Results March 2013
Toyota Car Sales Report Toyota Motor Car Sales U.S.A. Inc. reported monthly sales of 205,342 units in March 2013, up 1.0 percent on an unadjusted raw volume basis 4.8 percent on a daily selling rate (DSR) basis. For the first quarter, Toyota reported sales of 529,444 vehicles, an increase of...
Read more