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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.
Mercedes CLA driving Mercedes-Benz new car sales
Sun, 15 Dec 2013New Mercedes CLA (pictured) is driving Mercedes-Benz new car sales Mercedes had a rocky road a few years ago as it changed its focus from quality to cost-cutting, so the decision by Mercedes to move in to more compact premium cars in a serious way can’t have been the easiest decision to make regardless of the rising demand for compact premium cars. But Mercedes decision and investment is now starting to reap big rewards as Mercedes start moving from an investment in to a sales cycle, with sales of their new compact cars – the new A-Class and new CLA – proving to be a real driving force. Mercedes is the UK has made all time record sales in the UK in 2013, reaching 100,000 car sales for the first time in a year, and managing that by the end of November (which in itself was the best November Mercedes had ever had in the UK).
News watch July 2011: today's auto industry news
Fri, 29 Jul 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: car news summaries are added from the top hour-by-hour Friday 29 July• The BBC and Sky have a agreed a TV deal for F1, which will see the Beeb only broadcast half of all Grand Prix races from the 2012 season (BBC) • Aston Martin Racing will revert to its older, V12-powered DBR1-2 LMP1 racer for the remainder of the Intercontinental Le Mans Cup (ILMC) while the new straight six-powered AMR-One 'continues to undergo review' (Aston Martin Racing)• Dr Heinz-Jakob Neußer is to take charge of drivetrain development at VW from Volkswagen 1 October 1 2011. His predecessor Dr Jens Hadler is leaving at his own request, and Dr Rüdiger Szengel is to become deputy head of VW's drivetrain development and retain his role as head of petrol engine development (Volkswagen) Thursday 28 July• Porsche today dug the first soil at its €150m extension of the Weissach R&D base.