In an interview with Times of Oman, Omran VP for external affairs Abdul Wahid Al Farsi explained its important role in the future. “Although we would like to give opportunities to international brands, we would like to have our own local brands as well …

A Volkswagen employee picks up a logo to be fitted on the VW Tiguan and Touran models on March 7, 2012 in Wolfsburg, central Germany. (AFP). AFP. Published — Thursday 31 July 2014. Last update 3 August 2014 12:24 pm. | نسخة PDF Send to Friend …

Memories of the recession have all but disappeared in the rearview mirror for Mercedes-Benz, Lexus, BMW and most other luxury brands, with their sales rising considerably faster than the rest of the industry this year. New, lower-priced nameplates …

The offering can be browsed by brand or by product category. And indecisive shoppers can always refer to the website's featured items, a selection of the latest highlights from the luxury brands' collections. To make the experience even more …

The VW brand itself saw operating profit fall to 1.01 billion euros during the first six months of the year from 1.49 billion euros a year ago. "We have delivered a good financial performance in the first half of the year despite headwinds," chief …

Luxury European automakers reported strong sales in the U.S. in July, but the biggest European mainstream brand, Volkswagen, had a tough time of it. Volkswagen. Volkswagen said its July sales were 30,553, down 14.6% from a year earlier, as the brand's …

“Most luxury brands are at least several years out from putting in place the back-end investments that enable inventory visibility across channels,” said Claude de Jocas, lead researcher of a new report from L2. “As a result, brands have ignored …

Eberhard Kern took over as the Managing Director and CEO of Mercedes-Benz India in December 2012, at a time when competition from other German luxury car brands had eaten into Merc's sales. Kern has a rich experience in sales and marketing domains …

Italy has been identified as the most luxurious holiday destination, Chanel as the most popular luxury brand and free Wi-Fi was favored over free breakfast in the majority of core markets. The survey carried out in May and June 2014 reveals significant …