Audi will invest 13 billion euros ($16.5 billion) over the next four years as it aggressively pursues growth in the face of a challenging global economic climate. The ambitious capital expenditure program will see the prestige German ...
Tags: Audi, capital expenditure program, investment, company news
China Knowledge reported that BMW AG the world's largest premium car maker, has said its auto sales in China rose 62.3% YoY to 31,090 units last month. Last month, sales of BMW brand cars grew 62% YoY to about 29,000 units, and sales of ...
Tags: BMW AG, BMW brand cars, Mini brand vehicles, BMW X1 and BMW 3 series
Infiniti, the luxury vehicle brand of the Japanese carmaker Nissan Motor, is planning to start production at Nissan’s UK vehicle manufacturing plant in Sunderland from 2015. The Japanese carmaker will invest about £250m in ...
Tags: Infiniti, Nissan Sunderland Plant, luxury vehicle brand
WorldSkills International, China's automotive refinish competition, was held recently at PPG Industries' new Shanghai Training Center. PPG helped organize the competition and provided tools, facilities and premium car-painting products for ...
Tags: WorldSkills International, PPG, automotive refinish, China
China Knowledge reported that Daimler AG's luxury car unit Mercedes-Benz has sold 16,876 vehicles in China in the November this year, reflecting a YoY decrease of 6.6%. The figure last month was more than 15,859 units it realized in October ...
Tags: Mercedes-Benz, China, luxury car
Fitch said that Western European steel output is unlikely to recover in 2013 due to depressed demand levels across the eurozone. Steel volumes will probably fall by up to 3%, Fitch Ratings believes, putting pressure on producers' ...
Tags: steel output, Europe, steel volumes, steel market, steel industry
As winter and the holiday season fast approaches, now can be a great time to purchase a meaningful gift for the driver on your list--something that can give them convenience, safety, and security. While many recipients may dream of ...
Tags: holiday season, car battery, car wax, ties, pressure gauges, weel cleaners
Infiniti, the luxury vehicle brand of the Japanese carmaker Nissan Motor, is planning to build the new compact premium car in-house at its European production plant. The carmaker's plans follow a feasibility study with supplier Magna ...
Tags: Infiniti, luxury vehicle, Nissan Motor, compact premium car
German luxury car maker BMW and South Korean motor company Hyundai are in talks for a comprehensive alliance to develop an engine and share the cost for the development, a source familiar to the matter told Reuters. BMW is looking at an ...
Tags: luxury car, BMW, Hyundai, engine, green car technology, gasoline engines
Czech carmaker Skoda Auto, a unit of Volkswagen Group, is planning to invest INR300 crore ($56.25m) in Indian operations to increase localisation and expand production. According to Skoda, the investment will be utilized to enhance ...
Dutch automaker Spyker has signed a framework agreement with the Chinese car manufacturer Zhejiang Youngman Passenger Car group (Youngman) to acquire 29.9% stake in Spyker and jointly set up two new joint ventures (JVs). Under the deal, ...
Tags: Spyker, New Framework Agreement, Youngman
During the first half of 2012, Georg Fischer faced uneven economic conditions. Whereas the Corporation increased its sales in Asia and even more in North America, the eurozone woes had a dampening effect on customer demand in that region. ...
Tags: industry trends, piping system
LED headlights will trickle down from premium cars this year, at least as an option. "Now there are a few premium cars: Lexus, Prius, Cadillac, Audi A8 and R8," Steffen Pietzonka, v-p of marketing at German car parts giant Hella, told ...
Tags: LED headlights, premium car, OLED lighting, LED headlamp