The recession has not been kind to most luxury car manufacturer’s. After all, with the economy on a downturn, even those who can still afford luxuries shy away from frivolous spending. While the recession was the final nail in Maybach‘s coffin, Bentley has soldiered on and managed to survive the tough economic climate. Not only...
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German auto giant Volkswagen is already Europe’s largest auto manufacturer, but it won’t rest until it becomes the worlds largest producer of cars. To achieve its goals, it needs to do very well in America, a market where it hasn’t made a profit since 2003, despite moving 256,830 units in 2010. VW wants to sell...
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There was a time when Lexus was the top-selling luxury car brand in North America. In fact, it held onto that crown for nearly a decade. However, after the unfavorable publicity relating to allegations of unintended acceleration and then a production shortage due to the tsunami in Japan, Lexus lost the top spot in sales...
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Chrysler, announced today that the American automaker has seen a 20 percent increase in sales this July (112,026 units sold) compared to the numbers of July 2010 (93,313 units sold). Jeep contributed to the 20 percent July sales uncrease with the 2011 Jeep Wrangler, which set an all-time sales record and the 2011 Jeep Compass which experienced...
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Yesterday, Hyundai Motor Group said it is expecting to raise its U.S auto sales by 18.2 percent this year to 1.06 million vehicles, an improvement from a previous target of 1.01 million. Hyundai would to sell 624,000 units and Kia with 433,000 in the U.S. Both South Korean automakers are experiencing fast growth in the...
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