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Mercedes' GLK problem: Too many high-end models in the U.S.
Mon, 13 Apr 2009Mercedes-Benz has adjusted option packages on its new GLK-class premium SUV to help cope with an oversupply of high-priced versions. Ernst Lieb, CEO of Mercedes-Benz USA, said the company exported too many high-end models for the January U.S. launch.
CCTV 'Spy cars' to be banned
Mon, 23 Jun 2014CCTV "SPY CARS" used to catch people who park illegally is to be banned, the Government announced, marking a victory for drivers and shoppers. The move will rein in "greedy councils" who use the method of fining as a "cash cow", and bring to an end the "plague" of tickets being issued by post. Parking wardens will instead have to fix tickets directly to windscreens, making it illegal for councils to issue penalties to drivers using just the CCTV spy cars currently used for on-street parking enforcement.
Audi denies high price hits sales of new A1
Tue, 14 Dec 2010Audi denied suggestions that its new A1 entry-premium car is losing sales because it is priced too high. Audi dealers and industry observers believe the A1 is failing to attract an expected rush of customers because it costs too much for its target group of young people, according to Automobilwoche. The A1's starting price is 15,800 euros ($20,873) in Germany.