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News watch July 2012: today's auto industry news
Wed, 25 Jul 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.
Jaguar X-type refreshed for 2007
Fri, 12 Oct 2007By Tim Pollard First Official Pictures 12 October 2007 09:03 Jaguar X-type for 2008: the lowdown Jaguar has finally given the X-type a facelift, but the 500 changes try their hardest to escape your attention. On paper at least. It's small wonder that we did a double take when we scooped the new X earlier this year; some said we'd just caught the current car on test, but it turns out we were right.
Ferrari sets personal best in China
Wed, 05 Jan 2011It was a solid year for Ferrari in the burgeoning Chinese car market in 2010, as the Italian dream maker racked up its most impressive sales in that country with a tally of 300 cars. Sales were up almost 50 percent compared with 2009 results. With 10 current dealerships and the addition of some new business partners, Ferrari expects the added sales for Hong Kong and Taiwan will elevate the region to one of the company's top five international markets.