Posts Tagged ‘luxury’


Daimler AG earns up strongly in first quarter, Mercedes rolls on in China

FRANKFURT – Automaker Daimler AG says it nearly doubled net profit in the first quarter as its luxury Mercedes brand kept up its strong sales performance in China. Earnings reached €1.18 …

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Aston Martin Rapide Captures Design of the Year Award

The Aston Martin Rapide was named 2011 World Car Design of the Year at the New York International Auto Show last Thursday (local time).

Introduced in May 2010, the four-door sports sedan by the British luxury automaker measures over five meters long and carries a price tag of nearly 140,00…

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BMW launches sub-brand for its electric cars

German luxury carmaker BMW AG is launching a new sub-brand, BMW i, to market the new electric and other eco-friendly cars that it’s developing.

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Chattanooga, the new home of Porsche

Porsche is considering manufacturing cars in North America. If it happens, Chattanooga’s new Volkswagen factory would be a likely choice. The luxury German automaker is in the process of merging

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Porsche employees banned from social networking

Luxury car manufacturer Porsche has banned employees from using Internet sites such as Facebook, Google Mail or Ebay during office hours, for fear of industrial spying, German media reported today.

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