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Porsche boss Mueller: A launch every year, 200,000 sales by 2018
Thu, 24 Feb 2011By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year. Mueller, a former executive at Volkswagen AG, replaced Michael Macht as Porsche AG CEO in October.
New BMW 3-series to be revealed on Oct. 14
Tue, 11 Oct 2011If you're a fan of BMWs, mark your calendar for Friday, Oct. 14. That's when the German automaker will take the wraps off the redesigned 3-series.
Lexus NX compact SUV production starts – first UK deliveries October 2014
Sat, 09 Aug 2014The first Lexus NX rolls off the production line We’re not entirely sure the new Lexus NX – revealed in production guise at the Beijing Motor Show in April - will be one of the most driver-focused compact SUVs, but it is a car that should see Lexus sales rise considerably. And the NX is now starting to roll off the production line at Lexus’s Miyata plant in Japan, and Lexus say they already have 6,500 orders for the NX in Japan, and a more modest 350 in the UK. The big seller in the UK – in the absence of a diesel NX – will be the NX 300h with its hybrid setup of a 2.5 litre petrol engine, electric motor and CVT gearbox, but despite promises of good economy (55.4mpg) the real world economy is likely to be significantly less, although its high headline economy will help BIK rates for business buyers.