In the global luxury vehicle sales race, BMW is still in front of rivals Audi and Mercedes-Benz, but the gap is closing. The Bavarian company sold more vehicles, however, Mercedes saw the biggest increase. BMW sold 167,584 vehicles in September, which is up by around six per cent. Meanwhile, Mercedes-Benz […]
Industry
Toyota ranked most valuable car brand, 11th year running
Toyota has been named the most valuable automotive brand in the world according to the Interbrand Best 100 Global Brands. This is now the 11th year in a row at the top for the Japanese carmaker, joining just 13 car brands in the 100 list. Toyota ranked 8th overall in […]
Fiat-Chrysler boss Marchionne to step down in 2018
Fiat-Chrysler CEO Sergio Marchionne, the man behind the merger and the drastic plans that have helped positively transform the group, has announced he plans to retire from the position after the five-year plan is complete in 2018. Marchionne is currently chairman and CEO of Fiat Chrysler Automobiles which includes various […]
Over one-third of future Holden models sourced from Opel
It’s been a bit of a given that Holden will source a lot of its future vehicles from GM’s European division, namely Opel and Vauxhaull. The company has now confirmed that over one-third of its future lineup will be based on Opel-Vauxhall products. Holden has already announced it will be […]
Infiniti committed to Australian market, 20 years plus
While other brands have come and gone in Australia in recent years, Infiniti says it is here to stay for the long-term after being introduced to the local market in 2012. Infiniti will be launching the new Q30 premium hatch in 2015, wearing a circa-$40,000 price tag, and then after […]
Ferrari boss Montezemolo quits, replaced by Marchionne on Oct. 13
After recent clashes with Fiat CEO Sergio Marchionne, Ferrari boss Luca di Montezemolo will step down as chairman of the Prancing Horse brand effective as of October 13. Montezemolo has been the boss of Ferrari for the past 23 years and worked along side company founder Enzo Ferrari. He helped […]
Beyond-2017 Holden Commodore to be rebadged Insignia?
The Commodore after the final model rolls off the Australian production line in 2017 has already been revealed to dealers in New Zealand and possibly Australia
BMW Group posts best-ever July sales, up 7.6 per cent
BMW Group has posted its best-ever July sales, with an increase of 7.6 per cent compared with July 2013. Total BMW Group sales, which include MINI and Rolls-Royce, hit 163,959 units all around the world. Year-to-date sales also rose by 7.0 per cent. So far this year the BMW brand, […]