Cars
China is the land of opportunity for any carmaker - but especially for, luxury brands that have been breaking one record after another. However, last year’s 18 million sales will most likely not be repeated in 2011, as the government has stopped its tax incentives and wants fewer, and less polluting, car on the country’s streets.
- China And U.s.a. Are Key To Bentley’s Plan To Double Its Sales
Despite the global crisis, last year Bentley increased its sales by 30 percent compared to 2010, yet the VW Group-owned luxury carmaker has even grander plans for the next five years. While he is satisfied with the results so far, Bentley’s CEO...
- Buick’s China Sales Surpass 3 Million Mark 12 Years After The Brand’s Debut
China with its massive emerging middle class is shaping up to be one of the important markets for General Motors. In fact, for one of the Detroit firm’s brands, China is actually its biggest market by far. We’re talking of course about...
- High Demand For German Luxury Cars In The U.s. And China
Germany’s car market has definitely seen better days, as sales in the first 11 months of 2010 are down 25.2% compared to the same period last year. However, strong demand for luxury cars in the U.S. and China is keeping premium automakers like...
- Lamborghini's Profits Surge 27.4% In 2008, Cautious On 2009 Outlook
Helped by its drive to cut costs, VW Group owned Italian supercar Lamborghini managed to report a 27.4 percent increase in pretax profits in 2008 over 2007 despite the fact that its sales remained virtually the same. More specifically, turnover increased...
- Small/entry Luxury Car Sales And Midsize Luxury Car Sales In America - November 2010
BMW's good months earlier in the year haven't exactly meant a slowing of 3-Series sales late in 2010. Up 10.8% now through the end of November, last month's sales alone rose 2390 units from 6538 in November 2009. GoodCarBadCar.net's post...
Cars
Slowing Demand in China Forces Luxury Carmakers Like BMW to Offer Big Incentives
China is the land of opportunity for any carmaker - but especially for, luxury brands that have been breaking one record after another. However, last year’s 18 million sales will most likely not be repeated in 2011, as the government has stopped its tax incentives and wants fewer, and less polluting, car on the country’s streets.
Not that sales are plummeting – on the contrary. It’s just that, according to J.D. Power, the increase in the luxury car segment this year is slowing down to 29%, compared to a 48% growth in 2010. And this despite the fact that overall car sales in China are expected to drop by 5% compared to 2010.
Read more »- China And U.s.a. Are Key To Bentley’s Plan To Double Its Sales
Despite the global crisis, last year Bentley increased its sales by 30 percent compared to 2010, yet the VW Group-owned luxury carmaker has even grander plans for the next five years. While he is satisfied with the results so far, Bentley’s CEO...
- Buick’s China Sales Surpass 3 Million Mark 12 Years After The Brand’s Debut
China with its massive emerging middle class is shaping up to be one of the important markets for General Motors. In fact, for one of the Detroit firm’s brands, China is actually its biggest market by far. We’re talking of course about...
- High Demand For German Luxury Cars In The U.s. And China
Germany’s car market has definitely seen better days, as sales in the first 11 months of 2010 are down 25.2% compared to the same period last year. However, strong demand for luxury cars in the U.S. and China is keeping premium automakers like...
- Lamborghini's Profits Surge 27.4% In 2008, Cautious On 2009 Outlook
Helped by its drive to cut costs, VW Group owned Italian supercar Lamborghini managed to report a 27.4 percent increase in pretax profits in 2008 over 2007 despite the fact that its sales remained virtually the same. More specifically, turnover increased...
- Small/entry Luxury Car Sales And Midsize Luxury Car Sales In America - November 2010
BMW's good months earlier in the year haven't exactly meant a slowing of 3-Series sales late in 2010. Up 10.8% now through the end of November, last month's sales alone rose 2390 units from 6538 in November 2009. GoodCarBadCar.net's post...