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Audi develops new A2; plans for U.S. unclear
Mon, 08 Mar 2010Audi is developing a reincarnation of the A2 small car that will slot between the A3 and the A1 minicar introduced in Geneva last week. "There's clearly room for another product and another concept between the A3 and A1," Audi CEO Rupert Stadler said on the sidelines of the Geneva auto show. Michael Dick, Audi's board member for technology, said in an interview that the company's push to add electric variants will play a role with the next-generation A2 "in the near future." The German media have reported that the A2 is expected by 2014.
UK Car Sales up again in October 2012
Wed, 07 Nov 2012New car registrations rose in October by 12.1 per cent in the UK, the ninth month of 2012 to see rising car sales. The European car market may be in a real mess with carnage looming for production facilities run by mainstream car makers, but the UK continues to grow its new car market with sales in October up by 12.1 per cent. Total new car registrations (which includes pre-reg) rose to 151,252 units, the ninth monthly increase of 2012, and the SMMT are now predicting total sales for 2012 of over 2 million, back to 2010 levels after a fall in 2011 to below the 2 million mark.
Jaguar Land Rover profits up 34 per cent to £1.5 billion
Tue, 29 May 2012Just four years after Tata took over what looked like a basket case in Jaguar Land Rover, profits have hit £1.5 billion. It’s become the norm for Jaguar Land Rover to report ever improving profits and sales, but the news that JLR made profits of £1.5 billion in the year to end of March 2012 is still amazing. Ford sold Jaguar and Land Rover to Tata four years ago as it unwound its faltering luxury car brands, and as recently as 2009 JLR were almost begging for government help to keep going.