Hyundai Motor Co. and sister brand Kia, already boosting sales in Europe’s contracting auto market, are extending their challenge to Fiat SpA and PSA Peugeot Citroen by enlisting soccer stars to steal customers.
Bayerische Motoren Werke AG is rolling out a bigger 1-Series compact car to reclaim the top spot from Audi for the first time since 2008 in the competition for younger customers purchasing entry-level luxury autos.
Volkswagen AG , the world’s third- largest carmaker, passed Toyota Motor Corp.’s full-year profit target in the first nine months of the year, as a resurgent Ford Motor Co. soared ahead in the auto industry earnings race.
Porsche AG ’s supervisory board approved production of the 918 Spyder hybrid sports car, a model that soars to 100 kilometers an hour in 3.2 seconds and may top the Carrera GT as the manufacturer’s costliest vehicle.
Daimler AG, the world’s second- largest maker of luxury cars, raised its 2010 operating profit forecast to 6 billion euros ($7.8 billion) after beating quarterly estimates on higher sales in China and the U.S.