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New Porsche Cayenne drives Porsche profits – up 25 per cent
Fri, 28 Oct 2011Porsche Profits up 25 per cent - driven by Porsche Cayenne sales Building the Cayenne will be the end of Porsche, cried the Porsche anoraks when Stuttgart entered the SUV fray with the Cayenne back in 2003. But nothing could be further from the truth. As we’ve pointed out endlessly, the lure of a capable and sporty SUV with an iconic badge is a license for Porsche to print money.
Jaguar Land Rover China: New brand and new models
Thu, 27 Oct 2011Jaguar Land Rover - new models and brand with Chery JV in China It’s been clear for some time that Jaguar Land Rover are eager to cement a joint venture (JV) with a Chinese car maker so they can have a beachhead in to China’s rapidly growing car market. And that JLR JV seems almost certain to be with Chery. Part of the deal for Western car companies seeking to do business in China is not just a partnership with a Chinese company, but a sharing of technology and a range of cars badged up with the Chinese partner company’s brand.
Hyundai revises fuel-economy numbers downward again
Mon, 17 Mar 2014Hyundai revamped its fuel numbers on its Sonata sedan on March 4, and on Monday it issued an apology for misleading buyers. This is the second time in two years the company has needed to make amends for false numbers. Hyundai said the original number on its Sonata was 12.6 km per liter, which translates to 29.6 mpg.