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New Mercedes CLA helps Daimler to 16% profit jump
Thu, 24 Oct 2013The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.
Lotus fights back with three-year warranty and servicing deal
Wed, 02 Jul 2014By Tim Pollard Motor Industry 02 July 2014 12:55 Lotus has this month launched a three-year warranty and servicing deal for all new Elise, Exige and Evora models. The move is designed to kickstart interest in the brand, which is suffering a 9% slump in sales in 2014 year to date. Lotus has sold just 73 cars in the United Kingdom over the first five months of the year.
Audi to show rugged A4 allroad in Geneva
Tue, 17 Feb 2009While Audi's A6 allroad quattro didn't resonate in North America and ultimately was discontinued after the 2005 model year, it did enjoy mild popularity in Europe and continues to be sold there. Now Audi plans to bolster the line with the addition of the A4 allroad quattro that's set to make its first public appearance at next month's Geneva motor show. Beginning with an A4 Avant, Audi improves its off-roading abilities by raising the ride height by 37 millimeters to 180 millimeters and widening the track in front and rear by 20 millimeters.