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According to Reuters News Agency Ford Motor Company has released plans on a strong investment of $1.8 Billion (11.4 Billion Yuan) spread over a period of five years to expand R&D in China. This news confirms the direct and concerted effort made by the US Motor giant carmaker in order to secure for itself a rather large slice of the world’s largest auto market, still untapped by some major players. Ford now stands as the fifth-largest foreign automaker in China. It follows GM, Volkswagen AG, Hyundai, and Nissan. However, Ford has had a rapidly ascending ga...
There is no doubt that ceratin automotive brands have to benefit from the Volkswagen's troubles after the emissions scandal.Full-line brands including Ford, Toyota and Honda are the most frequently cross-shopped against VW, according to market experts' data. Based on cross-shopping patterns, these brands could gain most if shoppers spurn VW: Ford would gain 26%, Honda - 23%, Toyota - 20%, 18% would go to BMW and 19% - to Mazda.But Volkswagen might have enough in its arsenal to keep some of those shoppers in the fold. Some gasoline-powered VW models had a s...
According to the leaders of the concern, fans of top cars, especially SUVs, give preference to Lamborghini Urus, than to the concept Bentley Bentayga and Maserati Levante, over-aggressive design and powerful propulsion system that will receive the SUV.Representatives of the Italian automaker Lamborghini informed public that their new Urus SUV will hit the market in 2018 after the official premiere.Meanwhile, it is reported that the appearance of the new "SUV" will not only be extremely aggressive, but also very high-spirited. Engine of the Lamborghini Urus will receive over 300 horse...
In 2014, Maserati sold about 36,500 vehicles worldwide, increasing the sales by 136% in comparison with 2013 year. Such impressive results have been achieved thanks to sales of sports sedan E-Class Maserati Ghibli, the new flagship Quattroporte Executive 6th generation, and exclusive luxury models of the GranTurismo and GranCabrio. The total number of cars sold by dealers - 23,500 Ghibli, 9500 of Quattroporte, GranTurismo and GranCabrio models around 3500 pieces.The US market once again confirmed its status as the largest market of Maserati. In 2014, an increase of 110% compared with 2013 year...
Mercedes-Benz's global brand sales reached a record value this September increasing 16 percent, that constitutes 188,444 cars.It was the Mercedes brand's 31st consecutive month of record sales. The main contribution to this impressive result comes from the Chinese market demand: Mercedes brand deliveries in China rose to 38,663 in September. Daimler said global deliveries in the first nine months were boosted by a 60 percent increase in sales of the new Mercedes C class while continued strong demand for compact cars helped the brand as deliveries of the A class, B c...
