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Lexus Hybrid sales top half a million
Sat, 22 Dec 2012Lexus has revealed that they’ve sold more than 500,000 hybrid cars, with the Rx 450h the top seller and the CT 200h catching fast. Unsurprisingly, as it was the first Lexus hybrid to be introduced in 2005, the biggest seller - accounting for half of all Lexus hybrid sales to date (259,000) – has been the RX 400h / RX 450h, but the CT 200h, which was only introduced in 2011, is catching up fast with sales to date of 122,000 to date. During the last seven years Lexus hybrid sales have risen from 26,000 to 113,000 a year and 25 per cent of those Lexus hybrid sales now happen in Europe, even though we don’t get cars like the HS 250h (56,000 sales) and the ES 300h (8,000 sales).
Future products: U.S. model is VW's big news
Mon, 20 Sep 2010An ambitious plan to increase Volkswagen brand sales in the United States to 800,000 by 2018--up from 213,454 last year--begins with a mid-sized sedan to be built starting early next year in Chattanooga, Tenn. Later, the new factory will add the Polo small car or a mid-sized SUV--possibly both. Here is a rundown of VW's product plans through 2013.
F1 boss denies 'corrupt bargain'
Wed, 06 Nov 2013MOTORSPORT TYCOON Bernie Ecclestone has appeared at a High Court trial to defend himself against allegations that he made a "corrupt bargain" in a bid to stay at the top of Formula 1 racing. Mr Ecclestone has been accused of entering into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 group to a buyer "chosen" by him, A German media company says it lost out as a result of the deal and has taken legal action against Mr Ecclestone - chief executive of the Formula 1 group. Mr Ecclestone says Constantin Medien's claim "lacks any merit" and denies any "conspiracy".