Ian Robertson News
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Daimler AG’s Mercedes-Benz brand beat sales growth at larger German luxury-carmaking competitors Bayerische Motoren Werke AG and Audi AG last month as new versions of its A- and B-Class compacts attracted buyers.
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Volkswagen AG’s Porsche debuted the revamped Panamera coupe at the Shanghai Auto Show where it sought to outshine Maserati’s all-new Ghibli to win over China’s growing ranks of luxury-car buyers.
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Bayerische Motoren Werke AG, the world’s biggest luxury-car maker, will offer extra services to attract drivers to its I electric-car lineup, including occasional use of gasoline-powered models.
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Bayerische Motoren Werke AG widened its luxury-auto sales lead over Audi AG last month on demand for the 3-Series sedan and X1 sport-utility vehicle, while Daimler AG’s Mercedes-Benz brand gained momentum with new small cars.
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Algonquin Power & Utilities Corp., the most acquisitive utility in North America, is rewarding investors with the best total return among its Canadian peers.
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Bayerische Motoren Werke AG , the world’s largest luxury carmaker, may become a global sponsor of the International Olympic Committee , one of its board members said.
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Bayerische Motoren Werke AG expects the pace of sales growth in China to ease in the coming months, Ian Robertson, the company’s sales chief, told reporters at a briefing in Beijing today.
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Bayerische Motoren Werke AG, the biggest maker of luxury cars, said sales will probably reach a third consecutive annual record next year, when the manufacturer will introduce the 4-Series coupe.
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Bayerische Motoren Werke AG, the world’s biggest maker of luxury cars, forecast unchanged 2013 pretax profit as European auto sales drop and BMW increases spending to bring out 25 new models in the next two years.
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Bayerische Motoren Werke AG regained the top spot in luxury auto sales from Audi AG last month on demand for the 3-Series and X1 SUV, while the Mercedes-Benz brand fell further behind its German rivals.
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