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Mercedes-Benz found guilty of price-fixing in China

Associated Press Mercedes-Benz has been found guilty of fixing prices of car parts in China – with BMW, Audi and Chrysler also facing penalties. China’s state news agency, Xinhua, reports that the German manufacturer has been found guilty of using its power to control the prices of parts. The Chinese government is cracking down on monopolies and has been accused of being too harsh on companies from abroad.

Peugeot & Citroen cut Electric Car prices

Peugeot Citroen EV Price Cut The prices of both the Citroen C-Zero and the Peugeot iOn have been cut by £6,939 and new contract hire deals have been added. We know that sales of electric cars (EV) are woeful, and that nothing more than a handful of private buyers have actually bought in to the dream that is an electric car future. With that in mind it’s no surprise that the enormous list price of the Citroen C-Zero EV and Peugeot iOn EV have been slashed by £6,939, bringing the price down to a still silly £26,216, although, at least for now, you can still get the taxpayer bribe of £5,000 bringing the price you pay down to £21,216.

Sales enthusiasm? Sports-car and luxury brands show strong market gains

Count Porsche among enthusiast and luxury brands enjoying huge sales gains this year. Sales for the German automaker are up 29 percent so far this year-one of the largest increases in the industry. Almost one-third of Porsche's total sales came from the four-door Panamera.