Cars
VW Group’s luxury carmaker Audi announced that it plans to spend a total of 10.6 billion euros from 2008 to 2012 in fixed investments. That’s compared to the 9.8 billion euros that Audi planned to spend from 2007 to 2011. According to Audi, 7.9 billion euros of the total investment will be used for new products as the German carmaker plans to expand its range of vehicle models from the current 25 to 40 by 2015. In 2008 alone, Audi’s model range will be expanded by the A3 Cabriolet, the A4 Avant and the Q5, among others.
- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Vw May Start Selling Mqb Platform To Other Carmakers After 2015
When you spend four years more than €60 billion (US$80 billion) in developing a groundbreaking new platform, then you better make sure that your investment will pay off for itself big time. This is what the VW Group has done for its brand-new MQB...
- Audi Confirms Q5 Hybrid (2011) And A7 Sports Sedan (2010)
Audi has published new details on its future product plans that include the introduction of several new vehicles such as brand's first full hybrid model based on the Q5. The Ingolstadt automaker said that by 2015, the brand will have enlarged its...
- Fiat Announces 21% Drop In Pre-tax Profits For 2008, Foresees 20% Less Sales In 2009
Two days after announcing its plans to acquire a 35 percent stake in Chrysler LLC, Fiat S.p.A. released the group's 2008 calendar year results and at the same time, revealed its gloomy outlook for 2009. The Fiat Group's total revenues for 2008...
- Audi A5 Sport Package By Jms Tuning
JMS is the latest tuning firm to present a sport package for the new Audi A5 Coupe. The German company’s offerings include a front spoiler for 269 euros, side sills for 299 euros, a rear apron diffuser for 259 euros and a set of 20-inch OZ alloy...
Cars
Audi To Invest 7.9 Billion Euros On New Models From 2008 To 2012
VW Group’s luxury carmaker Audi announced that it plans to spend a total of 10.6 billion euros from 2008 to 2012 in fixed investments. That’s compared to the 9.8 billion euros that Audi planned to spend from 2007 to 2011. According to Audi, 7.9 billion euros of the total investment will be used for new products as the German carmaker plans to expand its range of vehicle models from the current 25 to 40 by 2015. In 2008 alone, Audi’s model range will be expanded by the A3 Cabriolet, the A4 Avant and the Q5, among others.- Ford's Second Quarter Profit Drops $1.4 Billion, Big Losses In Europe
The Blue Oval reported today a second quarter profit of US$1 billion (€827 million), down 57 percent or US$1.4 billion (€1.16 billion) over the same period last year, as the company's losses in Europe piled up. Net income in the first...
- Vw May Start Selling Mqb Platform To Other Carmakers After 2015
When you spend four years more than €60 billion (US$80 billion) in developing a groundbreaking new platform, then you better make sure that your investment will pay off for itself big time. This is what the VW Group has done for its brand-new MQB...
- Audi Confirms Q5 Hybrid (2011) And A7 Sports Sedan (2010)
Audi has published new details on its future product plans that include the introduction of several new vehicles such as brand's first full hybrid model based on the Q5. The Ingolstadt automaker said that by 2015, the brand will have enlarged its...
- Fiat Announces 21% Drop In Pre-tax Profits For 2008, Foresees 20% Less Sales In 2009
Two days after announcing its plans to acquire a 35 percent stake in Chrysler LLC, Fiat S.p.A. released the group's 2008 calendar year results and at the same time, revealed its gloomy outlook for 2009. The Fiat Group's total revenues for 2008...
- Audi A5 Sport Package By Jms Tuning
JMS is the latest tuning firm to present a sport package for the new Audi A5 Coupe. The German company’s offerings include a front spoiler for 269 euros, side sills for 299 euros, a rear apron diffuser for 259 euros and a set of 20-inch OZ alloy...