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News watch July 2010: today's auto industry news
Sun, 25 Jul 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 30 July 2010• Renault has reported a net income of €823 million – with an operating margin of 4% and sales up 22% globally. Its worldwide market share now stands a whisker up at 3.8% (Renault)• La Regie said its business was performing much better than during the same period last year, when the recession bit into its profits.
75% of BMW 2 Series Active Tourer buyers will be new to BMW
Mon, 21 Jul 201475% of BMW 2 Series Active Tourer buyers will be new to BMW The new BMW 2 Series Active Tourer – BMW’s front wheel drive small family mover – went on sale in the UK in May and looks set to take on the Mercedes B Class and bring new buyers to the BMW brand. BMW say they are expecting around three quarters of all buyers of the new 2 Series Active Tourer will be new to the brand, which is a big opportunity for BMW. BMW purists may bemoan the front wheel drive setup as a betrayal of all BMW stands for (although you will be able to get xDrive 4WD versions), but for BMW it’s a very pragmatic way to go.
Aston Martin expands personalization scheme
Thu, 13 Oct 2011Aston Martin, the UK's ‘coolest brand', is set to increase its offerings of unique products. The British carmaker has announced that the ‘Works Tailored' personalization and customization department is expanding as part of a six-month development plan within the brand. The recently formed ‘Works Tailored' department, which works in close collaboration with engineers and designers, offers owners of Aston Martins of any age the chance to personalize their car to their exacting standards.