Industry

Porsche Adds 1,000 Workers to Leipzig for Macan

Porsche Adds 1,000 Workers to Leipzig for Macan

Nearly doubles employees at factory

Porsche is nearly doubling the number of workers at its Leipzig factory to prepare for production of the Macan SUV to begin. The Leipzig plant currently has 1,150 workers, and Porsche is adding 1,000 more permanent jobs to build the smaller truck....
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Mini Oxford Factory Celebrates a Century of Car Building

Mini Oxford Factory Celebrates a Century of Car Building

Has built 11.66 million cars in the last century

The Oxford factory that builds nearly every modern Mini on the roads today is celebrating a century of building cars on March 28. In that time, it has built 11,655,000 from 14 brands and over 2.25 million modern Minis.  The Oxford fa...
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Volvo China Caught Claiming 7,000 Phantom Sales

Volvo China Caught Claiming 7,000 Phantom Sales

Volvo's Chinese dealers reported sales that never happened

Volvo has caught its Chinese dealers cheating when reporting sales in 2011 and 2012. After an investigation into its inventory, Volvo found that its Chinese dealers were mis-reporting sales to get cash rebates for hitting sales targets. Volvo ...
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BMW and Brilliance Considering New Chinese Brand for Joint-Developed Cars

BMW and Brilliance Considering New Chinese Brand for Joint-Developed Cars

Would use existing BMW platforms

BMW and its Chinese joint venture partner Brilliance are considering creating a new automotive brand that would build cars based on existing BMW platforms. This news comes from a Chinese newspaper, and a more specific announcement is expected at t...
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European Auto Industry Association Protesting EU-Japan Free Trade

European Auto Industry Association Protesting EU-Japan Free Trade

It believes that the Japanese automakers would have an unfair advantage

The European Auto Industry Association (ACEA) is protesting against a proposed free trade deal between the the EU and Japan. It claims that Japanese automakers would have an unfair advantage in such a deal.  "We are supportive of tra...
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Bentley Sales Up 25% in First Quarter

Bentley Sales Up 25% in First Quarter

North America is the brand's strongest market

Bentley is reporting that its sales were up 25.75% in the first quarter to 2,212 cars sold worldwide, up from 1,759 in the same period last year.  The United States was Bentley's largest global market with 632 cars sold in the first q...
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The Two Futures of Alfa Romeo

The Two Futures of Alfa Romeo

Historic Italian Marque is facing either sale to Audi or global growth

Conflicting stories are emerging about the future of Alfa Romeo. The brand is telling the media that it is prepping for a global sales push that will have it adding models and expanding into the US, but rumors are circulating that Fiat will sell t...
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Maserati Expecting Much Better Sales of New Quattroporte in US and China

Maserati Expecting Much Better Sales of New Quattroporte in US and China

Expect sales could hit 10,000 units a year

Maserati has set a goal of selling 50,000 cars annually by 2015, but sales have not been over 10,000 cars in the last decade. It is hoping that the new, sixth-generation Quattroporte will boost sales massively in the United States and China. It be...
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Fiat Group Deliveries, Revenue, Income and Profit Fall Significantly in First Quarter

Fiat Group Deliveries, Revenue, Income and Profit Fall Significantly in First Quarter

Chrysler also faced losses

Fiat Group and Chrysler have released their first quarter financial results, and both companies are posting significant losses. As an entity, Fiat Group and Chrysler Group reported revenue of €19.757 billion, down from €20.221 billio...
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Audi Voted as Top Employer in Two German Polls of Graduates

Audi Voted as Top Employer in Two German Polls of Graduates

It is the company's fourth win in a row

Audi has been voted at one of Germany's top employees for the fourth year in a row in two surveys of German university graduates. It gained similar accolades in Hungary and Belgium. Audi plans to add 4,800 new employees worldwide in 2013. ...
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