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The 2017 Audi Q5 is the best SUV for you if you want a stylish and comfortable premium-compact crossover that’s available with one of the segment’s most potent powertrains. Audi US boss, Scott Keogh say that still, the first Q5 is the most successful Audi they have ever launched by far. Now Keogh has to repeat the success with a whole new, second generation Q5, which saw its debut in Paris. Similar in certain design elements to the latest Q7, the 2018 Q5 will be built mainly at a new plant in Mexico and sold all over the world, including in China. Keogh claims that they ...
After a record-breaking 2015, luxury sales are expected to slow down, that's what analysts say. It is hard to compete with last year's sales results, and we knew it all along. One of the Analysts say that at the moment, the possibility of 2016 to be able to beat 2015's record, is close to 0. For the past 10 years, sales for premium brands have grown faster than non-premium carmakers and SUVs have sold faster than cars. Though that trend is expected to continue, the market for new luxury cars and SUVs is beginning to cool after showing signs of tapering toward the end of ...
Economic indicators point to a strengthening economy, which means more Americans are choosing luxury cars than in recent years. In August 2016, the sales volume of entry-level luxury cars in the US dropped by a significant 19.6% YoY (year-over-year) to ~53,000 units. For the same period, the sales of entry-level luxury SUVs (sports utility vehicles) increased by 11.3% YoY to more than 58,000 units, while the sales of entry-level sports cars dropped by 17.8% YoY to nearly 26,000 units. Top car models in the entry-level luxury and sports vehicle segments included the BMW 3 Series, Mer...
Mercedes-Benz USA is now making some major changes in its working plan, and most importantly it is shuffling some senior managers to new jobs. After it was revealed that its sales in the country were less than predicted, in order to fix the problem the most dedicated persons got higher positions in the company. Bart Herring has become the general manager of sales operations, overseeing the development and implementation of all policies, programs and activities in support of new-vehicle sales and objectives. He will also head up sales volume planning. For a long time Herring was the ...
Volvo has announced a partnership with the ride-sharing company Uber to develop fully autonomous cars together. In this joint project, Volvo will manufacture the base vehicles which will then be bought by Uber. The two companies are each investing $300 million towards this project. Uber’s chief executive, Travis Kalanick, said: “Over one million people die in car accidents every year. These are tragedies that self-driving technology can help solve, but we can’t do this alone.“That’s why our partnership with a great manufacturer like Volvo is so important. Vol...
