Two weeks after the Stuttgart Regional Court threw-out charges of market manipulation levied at former Porsche CEO Wendelin Wiedeking in December of 2012, prosecutors have called for an appeal of said ruling.
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Category: Industry
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Auto
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April
2014
|
April
2013
|
%
Change
|
4 mos.
2014
|
4 mos.
2013
|
%
Change
|
|
BMW X5
|
4,393 | 3,444 | +27.6% | 14,153 | 15,335 | -7.7% |
|
BMW X3
|
3,544 | 1,914 | +85.2% | 13,974 | 9,125 | +53.1% |
|
Mercedes-Benz M-Class
|
3,831 | 3,280 | +16.8% | 13,965 | 12,442 | +12.2% |
|
Audi Q5
|
3,293 | 3,241 | +1.6% | 12,067 | 11,437 | +5.5% |
|
Mercedes-Benz GLK-Class
|
3,144 | 2,702 | +16.4% | 11,415 | 10,212 | +11.8% |
|
BMW X1
|
1,130 | 1,556 | -27.4% | 9,098 | 6,967 | +30.6% |
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Volkswagen Tiguan
|
1,998 | 2,488 | -19.7% | 8,109 | 10,439 | -22.3% |
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Mercedes-Benz GL-Class
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2,253 | 2,481 | -9.2% | 7,671 | 10,099 | -24.0% |
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Porsche Cayenne
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1,839 | 1,750 | +5.1% | 6,119 | 5,931 | +3.2% |
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Audi Q7
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1,462 | 1,183 | +23.6% | 5,551 | 4,084 | +35.9% |
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Volkswagen Touareg
|
597 | 578 | +3.3% | 2,162 | 3,102 | -30.3% |
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BMW X6
|
342 | 354 | -3.4% | 1,442 | 1,618 | -10.9% |
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Mercedes-Benz G-Class
|
274 | 188 | +45.7% | 882 | 800 | +10.3% |
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—
|
—
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— | — | — | — | — |
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Total
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28,100
|
25,159 | +11.7% | 106,608 | 101,591 | +4.9% |
It’s not as though consumers hadn’t experienced doses of luxury in their SUVs before the Mercedes-Benz ML, Lexus RX, and Lincoln Navigator began pushing an increasingly impressive wave toward shore in the late 90s. But, especially in the enthusiast community, there was some reluctance to accept the notion of such illustrious brands diving head first into a market that was going to demand perfectly balanced compromises. The traditional off-road ability we associated with SUVs couldn’t be thrust overboard in favour of road manners. Or could it?
France’s Conseil d’Etat announced Monday that it has overturned the government’s ban of a handful of Mercedes-Benz vehicles over parent company Daimler’s refusal to cease usage of R134a coolant currently under phase-out by the European Union.
Automotive pricing site TrueCar has revealed its IPO price will be set between $12 and $14, bringing the company a valuation of around $1 billion should the price-per-share lean closer toward the top end.
Autoblog reports another recall has been issued by General Motors, this time concerning 51,640 2014 Buick Enclave, Chevrolet Traverse and GMC Acadia crossovers screwed together between March 26 and August 15 of last year. The affected vehicles possess an engine control module whose software may provide an inaccurate fuel gauge reading, forcing the driver to pull to the side of the road should the tank prove empty instead of a quarter to empty. Owners have been asked to bring their affected crossover for a reflashing of the ECM to correct the issue.
TTAC commenter Buickman, better known as Jim Dollinger to friends, colleagues and loved ones, was on Autoline Detroit last week to present his plan to save General Motors. Rather than present it in the form of an article, we’re posting Jim’s Autoline segment for your perusal The video should start right at Jim’s segment, but if it doesn’t fast forward to the 42 minute mark. Let us know what you think of the plan.
Today is Cinco de Mayo, a Mexican holiday used as an excuse by Americans to drink margaritas and eat bad Tex-Mex. But tomorrow, Fiat Chrysler will unveil their next five-year plan, which should clarify the many contradictory product plans being touted by both FCA execs and the media.
Currently, there is only one Lexus plant outside of Japan. A Toyota factory in Cambridge, Ontario makes the Lexus RX crossover, while Toyota’s Georgetown, Kentucky plant will come online in 2015. Like other Japanese auto makers, Toyota is moving towards a localization of its production facilities, but one thing they won’t be doing is producing Lexus vehicles in China.
EV and PHEV owners in California and Maryland will be able to enjoy credits for the foreseeable future for going green, while one representative in Congress wants to up federal tax credits to $10,000.
Former Hyundai and General Motors marketing executive Joel Ewanick’s newest endeavour — a hydrogen fuel filling station network called FirstElement Fuel Inc. — has won a $27.6 million grant from the California Energy Commission, allowing Ewanick to move forward with the startup.
Automotive News reports General Motors’ attorney Kenneth Feinberg met with Texas attorney Robert Hilliard at the former’s office within the Beltway to begin preliminary discussions over the claims of the latter’s 300-plus clients affected by the ignition switch recall. During the talk, no agreements were reached regarding compensation, while Hilliard viewing the first meeting as GM’s way of convincing him that it would do “the right thing” by his clients. Feinberg states he is gathering proposals for a compensation program similar to the one he orchestrated for 9/11 victims and victims of other major disasters, and should have a package ready within the next few weeks at the latest.
For five decades, the powerplant of choice for Truck Mountain has been the venerable V8. With powerful V6 engines from Ford, General Motors and Ram being favored for more and more consumers of full-size pickups, however, the V8 could soon find itself occupying a smaller niche along the mountain.
Late last week Zipcar announced their ONE>WAY service, a point-to-point rental product and a clear challenge to Daimler’s successful Car2Go program.
Imagine Detroit at its height, enormous factories and mile-long production lines running day and night, a roiling, churning symphony of man and machine where thousands of workers joined together parts, large and small, from a myriad of sources into single, working vehicle. Although I have toured modern factories in Japan, meticulously clean facilities where technicians in spotless coveralls only complete the tasks that robots cannot, I view the old factories, places like Rouge River that were built in in the first part of the last century, with a special sort of awe. The entirety of what went on there is, to me, unknowable and, like the great pyramids, all that is left of the human toil is the end product. That’s why, when some small piece of history, some bi-product of that mysterious past, catches my attention, I stop and look.
TrueCar founder Scott Painter and former Hyundai North America CEO John Krafcik both announced that Krafcik is now president of the online automotive shopping company.
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