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New Mercedes CLA helps Daimler to 16% profit jump
Thu, 24 Oct 2013The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.
McLaren Automotive officially launches as the MP4-12C speeds toward production
Thu, 18 Mar 2010McLaren Automotive laid out its ambitious plans to become a competitive player in the high-performance car market on Thursday and wants to build up to 4,000 top-shelf sports car annually by the middle of the decade. The company held a grand opening at its base in Woking, England, to celebrate the progress and officially unveil the MP4-12C as it moves toward production. The estimated 592-hp supercar is expected to be exceptionally light and aerodynamic as the company takes aim at the best of Ferrari and Lamborghini.
VW Polo GTI and harder Golf GTI Wörthersee 09
Wed, 20 May 2009By Tim Pollard First Official Pictures 20 May 2009 16:34 Volkswagen today unveiled two hot hatch surprises at the 2009 Wörthersee hot hatch festival: a potential Polo GTI and a harder, faster Golf GTI, likely to give clues to the R model tipped by CAR for launch later this year. Both models pictured here are concepts at this stage. The Golf GTI Wörthersee 09 edition gains cosmetic and modest engineering mods.