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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).
Cost of driving theory test to drop by 25%
Thu, 10 Apr 2014Mercedes-Benz The government has announced that the cost of the driving theory test is to be cut by 25%, saving learner drivers in excess of £100 million over the next nine years. How much does the driving theory test cost? Under the new plans the cost of a car theory driving test will drop from £31 to £25 in October 2014, with a further drop of £2 more planned in October 2015.
Changes Coming to the Petersen?
Tue, 16 Jul 2013If the idea was to get everyone talking about it, then the Petersen Automotive Museum in Los Angeles has succeeded. The Petersen, one of the greatest automotive institutions in the country, is anonymously selling 64 of its cars at a relatively low-key auction, leaving 300 behind in its Wilshire Blvd. home.