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Luxury Automobiles

BMW hires Ferrari's chief engineer, sources say
www.autonews.com

Fedeli will join the BMW Group in November, "but we currently can't say what his role will be," a BMW spokesman told Automotive News Europe. A Ferrari … Leiters held various roles at Porsche, including program manager for the Cayenne large luxury SUV.

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In pictures: Rolls-Royce's luxury factory
www.theverge.com

This week, I visited the home of legendary car company Rolls-Royce in the south of England. Over the course of its 110-year history, the Rolls-Royce name has come to define what luxury means, both in the world of automobiles and beyond. If you haven't …

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Long-dead luxury marque Minerva on comeback trail with new supercar
www.autoblog.com

In that time it boasted some hugely important names from the auto industry as employees, including Rolls-Royce co-founder Charles S. Rolls. Last year, the brand showed off its J.M. Brabazon concept and made some huge performance claims. Now, the …

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China swoops in on Italy's power grids and luxury brands
www.ft.com

The State Administration of Foreign Exchange, which manages the country's $4tn in reserves, snapped up 2 per cent stakes in Italian blue-chip companies Fiat Chrysler Automobiles, Telecom Italia and Prysmian, worth a total of about €670m in July.

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Down On Electric Cars, Chrysler CEO Marchionne Is Speeding Up Delivery Of A …
www.ibtimes.com

PHEV technology is currently offered in the U.S. only in small sedans like the Prius, the Ford C-Max Energi and the Chevrolet Volt, but they represent a sliver of the auto market. Cadillac introduced the plug-in hybrid ELR luxury sedan in January, but …

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How Is Ford Doing In China?
seekingalpha.com

With the trend of the Chinese automobile market changing to one more focused on luxury cars, Ford and General Motors are making decisions to take advantage of this change. With the demand for luxury cars having increased in the past decade at 36%, …

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N. Korea imports US$644 mln worth of luxury goods in 2013: lawmaker
english.yonhapnews.co.kr

Luxury goods, including certain kinds of jewelry, precious stones, yachts, luxury automobiles and racing cars, have been banned from transfer to North Korea under a U.N. Security Council resolution adopted in response to the North's nuclear test in …

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How Will Tesla Motors (TSLA) Stock React to an All-Wheel-Drive Model S?
www.thestreet.com

NEW YORK (TheStreet) — Tesla Motors Inc. (TSLA) will likely introduce an all-wheel-drive version of the Model S luxury sedan on Oct. 9, said analysts including Brian Johnson at Barclays Plc and Ivan Drury at Edmunds.com, according to Bloomberg. That …

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Minerva targets Bugatti with new hybrid hypercar
www.hindustantimes.com

So the news that Minerva Automobiles is planning to resurrect itself with a new hybrid supercar must be approached with caution. Minerva Automobiles was the world's first recognized luxury automotive brand. Founded in Antwerp and London, the company …

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