Industry

Lamborghini posts record first quarter sales in 2021

Apr 19, 2021

Lamborghini is no doubt reaching for the champagne after rounding out a record-setting first quarter in global sales, shattering its previous first-quarter record, set in 2019, by 22 per cent. Sant’Agata’s finest, Automobili Lamborghini, was...

Ferrari ranks 3rd in global reputation survey, Lego number 1

Apr 14, 2021

Ferrari has taken out third place in the 2021 Global RepTrak 100 brand reputation rankings, with Maranello’s iconic prancing horse standing out thanks to public perception of its financial performance and leadership. The numbers come...

66% of Australians rather not negotiate when car shopping – survey

Apr 13, 2021

Just one-third of Australian car buyers are willing to bargain in order to secure a cheaper price on a vehicle, according to a survey by Finder. The survey involved more than a thousand car buyers,...

FCAI releases manufacturer-specific emissions data for Australia

Apr 12, 2021

The Federal Chamber of Automotive Industries (FCAI) has released the results of CO2 emissions data collected from major manufacturers operating in Australia, and the results are likely to surprise you. You might remember a few...

BMW global sales up 33.5% in Q1, up 11% in Australia

Apr 09, 2021

It looks like the auto industry around the world is starting to show good signs of recovery. BMW Group has just announced its first quarter sales are up 33.5 per cent, with growth reported in...

Mercedes-Benz global sales up 22% in Q1, up 13.5% in Australia

Apr 08, 2021

Mercedes-Benz has recorded some impressive global sales numbers for the first quarter of 2021, with electrified vehicles making up 10 per cent of the overall tally. Global sales of new Mercedes-Benz passenger vehicles (including Smart...

Australian vehicle sales for March 2021 (VFACTS)

Apr 07, 2021

It’s been another cracker month for new vehicle sales in Australian, during March 2021, with VFACTS figures revealing a 13 per cent spike across year-to-date and a 22.4 per cent boost compared with March last...

FCAI releases first-ever CO2 emissions data for Australia

Mar 25, 2021

The Australian Federal Chamber of Automotive Industries (FCAI) has published the first set of results from its voluntary CO2 Emissions Standard tests, marking what it calls a “benchmark for future improvement”. The study aims to...

Porsche achieves record revenue in 2020, despite sales down 3%

Mar 25, 2021

Porsche has managed to set a new revenue record for the year of 2020, emerging from the pandemic-plagued period having grown its value to 28.7 billion euros, 100 million more than 2019’s results. Despite the...

Audi reports 1.7 million global sales in 2020, down 8.0%

Mar 23, 2021

Audi has confirmed its global sales topped 1,692,773 vehicles in 2020, which marked an 8.0 per cent decrease from the 1.84 million units delivered in 2019. The company says this drop is dramatically smaller than...

Lamborghini achieves record profit in 2020, CEO hints EV is coming

Mar 22, 2021

Lamborghini CEO Stephan Winkelmann has confirmed the company has generated record profit in 2020, despite a dip in vehicle sales compared with 2019. The CEO also hints an electric vehicle could be on the way....

Porsche invests €70m in Rimac, increases stake to 24%

Mar 09, 2021

Rimac, one of the up and coming and soon-to-be powerhouses of the electric vehicle landscape, has just announced an extended business deal with Porsche. Porsche is increasing its stake in the Croatian tech company to...