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VW pushes upmarket: the new Passat and lessons learned by the Phaeton
Mon, 07 Jul 2014By John Mahoney Motoring Issues 07 July 2014 08:02 Logically, it makes perfect sense to push the new 2015 VW Passat upmarket far away from the declining, mass-market D-segment it used to inhabit. After all, how can Volkswagen resist a tasty slice of profit the BMW 3-series or Mercedes C-class dishes out to their makers? Even if it does risk stepping on Audi's toes...
Porsche makes £14k on every car it sells, Bentley makes £12.7k
Fri, 14 Mar 2014Porsche made £14k on every car sold in 2013 If you need an illustration of how much more profitable high-end sports and luxury cars are than mainstream cars, VW Groups sales figures demonstrate it perfectly. At the extreme ends of the profit per car spectrum, Porsche made an enviable £13,931 for every car it sold in 2013 and VW made just £615 (although SEAT actually lost £330 on every car it sold) . In fact, although you might expect the higher-priced Bentley range to make more per car than a Porsche, Bentley only managed a creditable second place on VW Group’s profit per car table, turning in £12,700 profit for every car it turned out (11,000 of them in 2013).
UK Car Sales down 272,000 in 2008
Wed, 07 Jan 2009Well, we knew the car industry was in trouble, and that in the last quarter of 2008 car sales fell off a cliff. But it has now been confirmed that overall sales for the UK in 2008 fell by 272,212 units, or 11.3%. December figures alone showed a drop of 21.2% year on year.