Industry

Austerity measures in Italy are causing sales of luxury goods to fall precipitously even for domestic brands like Ferrari and Maserati. Exports of second-hand luxury cars are flowing out of Italy. Prime Minister Mario Monti has begun a crackdo...

It seems like the only news to come out of PSA Peugeot-Citroën this summer concerns it closing the Aulnay factory where the Citroën C3 is built. Workers are the plant are currently on their summer vacation but are planning a "shock ...

Maybach seemed like a good idea. Rolls-Royce commanded the super luxury space for decades with basically no competition. Maybach created extremely luxurious cars based on the Mercedes S-Class chassis. The brand was meant to compete with BMW-owned ...

Porsche has tallied its global sales volume for the first seven months of the year, and it is up 14% globally to 81,562 vehicles. For the month of July, sales were up 16% to 12,391 units. “Porsche continued on its successful sales course...

The French government is continuing to investigate PSA- Peugeot Citroën for plans to close the Aulnay factory in 2014 and cut 8,000 jobs. The government has hired an investigator to decide whether the cuts at Peugeot were necessary.  ...

It is not a revelation to say that the European market is struggling. Ford thinks that it will lose over $1 billion in the region this year, and when automakers announced their earnings at the end of July, Volkswagen is the only company that made ...

BMW Group reported its financial results for the second quarter at the end of last week, and its results were not great. Net Profits were down 28.3% over the second quarter of 2011, but now BMW has released its unit sales for July 2012. Things see...

Why should a company have to compete by building a better a car when they can keep foreign competition out with the help of the government? That is the opinion of French automakers at least because they are lobbying the French government to ask th...

BMW is considering adding a factory in Mexico. It would be its second factory North America since opening the plant in Spartanburg, South Carolina, in 1994. BMW is reportedly looking at four different locations in Mexico to build the factory. BMW ...

Spyker has filed a $3 billion lawsuit against General Motors in United States District Court of Eastern District of Michigan because it claims that GM unlawfully blocked Saab’s competition in the Chinese market, and that these actions caused...