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Porsche boss Mueller: A launch every year, 200,000 sales by 2018

By 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.

Ford to sell Aston Martin

By Georg Kacher Motor Industry 31 August 2006 02:39 The world’s two biggest luxury goods firms – including the conglomerate behind brands like Moet and Louis Vuitton – are locked in a battle to buy Aston Martin from cash-starved Ford. Ford announced today that the British sports car manufacturer would be sold and CAR has learned that Swiss-based Richemont and the French holding company LVMH have emerged as most likely to take on Aston despite having no previous experience in the car industry. Ford desperately needs to tap into the potential $700m-$1bn the sale of Aston could generate and hopes to finalise a deal by the end of the year.

Future products: BMW focuses on small crossovers, new EV subbrand

BMW will concentrate on small crossovers next year with a redesigned X3 and the all-new X1. Both are based on the redesigned 3-series sedan, which will arrive in 2012. In 2013, a new subbrand of electric and hybrid vehicles being developed by BMW's Project i group will debut.