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VW’s big jump in profits shows the cost for ‘Premium’ badges

Volkswagen’s profits jumped by £5.7 billion to £25.5 billion with sales numbers up by one million. But the big profits come from ‘Premium’ badges. What’s in a name?

Aston Martin Rapide – First customer car

The first Aston Martin Rapide leaves the factory It may not seem the biggest news in the world – Aston Martin Rapide leaves factory for customer’. After all, that is rather the point. But the gestation of the AM Rapide seems to have been so long it’s quite hard to remember who owned Aston Martin when the Rapide first poked its very elegant nose above the parapet, so it seems a big deal that complete cars are now heading out to customers.

MG name stands proud again at Longbridge

The company that runs the remnants of former UK automaker MG Rover has dropped a reference to its Chinese parent from its name. NAC MG UK has changed its name to MG Motor UK to emphasize the MG name, a company spokesman said. Nanjing Automobile Company or NAC bought MG Rover's assets in July 2005, three months after the UK's last domestically owned volume carmaker collapsed through financial difficulties.