Cars
With the European economy in a downward spiral and the U.S. having its own financial troubles, where is a supercar maker supposed to go and sell its high-six- or even seven-figure products?
- Lamborghini's Sales Surge 23 Percent To 1,602 Units In 2011
Famed Italian supercar maker Lamborghini has announced strong sales numbers for the year that ended on December 31, 2011. The company recorded double-digit increase in deliveries and turnover selling 300 more cars compared to the previous year for a...
- Tesla Losses Soar To $154.3 Million In 2010, Despite Gains In Revenue
Tesla Motors has just released a preliminary, unaudited financial report concerning the year than ended on Dec. 31, 2010. The company reported losses of US$51.4 million in Q4 2010 and US$154.3 million for 2010, which was almost triple the US$55.74 million...
- International Fuel Economy Standards: U.s. Ranks Bottom Of The Barrel
According to a report released on Monday by the United States Congress, the U.S. ranks at the bottom of industrialized countries in the vehicle fuel-economy standards. This embarrassing ranking is anticipated to improve, however, if energy legislation...
- Honda Jazz / Fit Worldwide Sales Reach 2 Million Units
Just as Mazda announced that its Japanese production reached 40 million units, Honda came out with an official press release informing us that the worldwide cumulative sales of Fit /Jazz automobile reached 2 million units at the end of June 2007, exactly...
- China: Cars Sales And Production Rise +20% In First Half Of 2007
According to the data released by the China Association of Automobile Manufacturers (CAAM), car sales and production both grew more than 20% in the first half of the year. In particular, vehicle production reached 4.46 million units, up by 22.36 percent...
Cars
China’s Super-Rich Find Veyron SS Expensive and the Pagani Huayra a Steal…
With the European economy in a downward spiral and the U.S. having its own financial troubles, where is a supercar maker supposed to go and sell its high-six- or even seven-figure products?
Well, China is probably their best bet right now. Its number of billionaires grew from 189 in 2010 to 271 in 2011, according to data from Hurun Report, and the communist (…) country now has close to 1 million millionaires - 960,000 to be precise or 85,000 more than in 2010. Overall, Asia has some 3.3 million millionaires, more than Europe and edging close to the North America region.
Read more »- Lamborghini's Sales Surge 23 Percent To 1,602 Units In 2011
Famed Italian supercar maker Lamborghini has announced strong sales numbers for the year that ended on December 31, 2011. The company recorded double-digit increase in deliveries and turnover selling 300 more cars compared to the previous year for a...
- Tesla Losses Soar To $154.3 Million In 2010, Despite Gains In Revenue
Tesla Motors has just released a preliminary, unaudited financial report concerning the year than ended on Dec. 31, 2010. The company reported losses of US$51.4 million in Q4 2010 and US$154.3 million for 2010, which was almost triple the US$55.74 million...
- International Fuel Economy Standards: U.s. Ranks Bottom Of The Barrel
According to a report released on Monday by the United States Congress, the U.S. ranks at the bottom of industrialized countries in the vehicle fuel-economy standards. This embarrassing ranking is anticipated to improve, however, if energy legislation...
- Honda Jazz / Fit Worldwide Sales Reach 2 Million Units
Just as Mazda announced that its Japanese production reached 40 million units, Honda came out with an official press release informing us that the worldwide cumulative sales of Fit /Jazz automobile reached 2 million units at the end of June 2007, exactly...
- China: Cars Sales And Production Rise +20% In First Half Of 2007
According to the data released by the China Association of Automobile Manufacturers (CAAM), car sales and production both grew more than 20% in the first half of the year. In particular, vehicle production reached 4.46 million units, up by 22.36 percent...