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BMW on course to hit more than 2 million sales in 2014
Tue, 15 Jul 2014BMW is on track to sell more than 2 million vehicles in 2014 By Tim Pollard Motor Industry 15 July 2014 07:11 The BMW group has said it is on track to pass more than 2 million vehicle sales in 2014. The milestone is proof that the company's diversification with its growing BMW brand, and expanding Mini and Rolls-Royce sub-brands, is working. Global sales and marketing chief Ian Robertson gave a sales update during a trip to Incheon in Korea this week.
Audi unveils new A3 interior at 2012 CES
Wed, 11 Jan 2012Audi has revealed the interior of the next Audi A3 at the 2012 Consumer Electronics Show in Las Vegas... And what should I know about the insides of the new Audi A3? The interior of the A3 was unveiled at the Consumer Electronic Shows (CES) in Las Vegas, where there was lot of technical talk about plug-in modules and dual-core processors, but what you need to know is that the new A3 ushers in Audi’s next-gen modular infotainment platform.
GM Europe weeks from running out of cash
Tue, 03 Mar 2009By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.