Audi AG, the world’s second-largest maker of luxury cars, said high-performance cars like the RS5, as well as the new version of the A3 compact, will help propel sales this year amid intensifying economic headwinds.
A Ferrari that competed in the 1953 Le Mans 24-hour race and another that John Lennon bought just after passing his driving test are coming up for auction as prices rise for classic models by the Italian maker.
Daimler AG, the German manufacturer of Mercedes-Benz luxury autos, is in early talks with Aston Martin on supply and technical-cooperation agreements as the U.K. sports-car maker seeks to reduce spending on developing models.
Aston Martin, the British maker of sports cars featured in James Bond movies, posted a 10 percent increase in global sales last quarter, driven by demand from China, Chief Executive Officer Ulrich Bez said.
Tesla Motors Inc., the luxury battery-car company run by billionaire Elon Musk, is North America’s rechargeable auto sales leader so far this year as its Model S sedan passed General Motors Co.’s Chevrolet Volt.