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Porsche makes £14k on every car it sells, Bentley makes £12.7k
Fri, 14 Mar 2014Porsche made £14k on every car sold in 2013 If you need an illustration of how much more profitable high-end sports and luxury cars are than mainstream cars, VW Groups sales figures demonstrate it perfectly. At the extreme ends of the profit per car spectrum, Porsche made an enviable £13,931 for every car it sold in 2013 and VW made just £615 (although SEAT actually lost £330 on every car it sold) . In fact, although you might expect the higher-priced Bentley range to make more per car than a Porsche, Bentley only managed a creditable second place on VW Group’s profit per car table, turning in £12,700 profit for every car it turned out (11,000 of them in 2013).
Banks and Dallenbach ready for Pikes Peak with 1,400 hp
Thu, 09 Aug 2012Not content to rest on his laurels after developing new diesel engines for military applications, Gale Banks and his company Banks Power will run a 1,400-hp, 1,301 lb-ft methanol-fueled vehicle up the now completely paved course at the Pikes Peak Hill Climb, which is scheduled to take place Aug. 8-12. Banks teamed up with Paul Dallenbach and Leonard Arnold of Dallenbach Racing for the occasion.
Hyundai Veloster Turbo R-Spec revealed: Los Angeles Auto Show
Thu, 21 Nov 2013Hyundai Veloster Turbo R-Spec revealed We like the Hyundai Veloster – really, we do – even if its looks make promises it really can’t deliver. There’s nothing wrong with the way the Veloster goes or handles, but there’s nothing exciting either; it’s a sporty-looking coupe for buyers who don’t really like driving but want something that looks sporty. And that’s a big market.