Cars
Nissan's luxury brand Infiniti aims to double its sales in Europe during the 2011 fiscal year, according to company officials. The expected growth will be fueled not only by the introduction of new models and powertrain options, but also by the expansion of its dealer network.
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- Report: Seat To Launch Four New Models In 2012 Including A Four-door Sedan
VW's Spanish subsidiary is expecting a 10 percent rise in sales this year and aims further growth in 2012, when it will launch four new models. According to CEO James Muir, new products such as the Ibiza ST and the Alhambra will boost Seat sales...
- Infiniti To Enter Australia’s Luxury Car Market In 2012 With Fx, G37 And M Models
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Cars
Infiniti Wants to Double its European Sales this Year
Nissan's luxury brand Infiniti aims to double its sales in Europe during the 2011 fiscal year, according to company officials. The expected growth will be fueled not only by the introduction of new models and powertrain options, but also by the expansion of its dealer network.
"In 2011, Western Europe will be somewhere between 7,000 and 8,000 units" said Infiniti Europe Vice President Jim Wright in an interview with Automotive News. That is a substantial increase over the 4,500 units sold in the 2010 fiscal year ending March 31, albeit still not even close to challenging the other premium automakers in Europe (i.e. BMW sold 45,600 cars in January 2011 alone).
- Infiniti’s Mercedes A-class-based Compact Model To Be Built By Magna Steyr
Carlos Ghosn, CEO of Japan’s second biggest automaker, wants Nissan's luxury brand, Infiniti, to have a 10 percent share in the premium segment, which amounts to 500,000 units. The “Power 88†plan that Ghosn revealed last June...
- Jeep Betting On Three New Suvs To Boost European Sales Five-times By 2014
Jeep has disclosed plans to increase European sales from 25,000 units this year to 125,000 units by 2014. Europe will play a key role in Chrysler CEO Sergio Marchionne’s plans to double the brand’s global sales from 420,000 units last year...
- Report: Seat To Launch Four New Models In 2012 Including A Four-door Sedan
VW's Spanish subsidiary is expecting a 10 percent rise in sales this year and aims further growth in 2012, when it will launch four new models. According to CEO James Muir, new products such as the Ibiza ST and the Alhambra will boost Seat sales...
- Infiniti To Enter Australia’s Luxury Car Market In 2012 With Fx, G37 And M Models
Infiniti continues to expand its reach around the world and has now confirmed plans to begin sales of its range of sedans, coupes and crossovers in Australia from the third quarter of 2012. The introduction in Australia follows the presentation of the...
- 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...