Top German auto brands ride high, for now
August 9, 2010 |11:14 | Gossips By : Team X

Strong results by BMW on Tuesday demonstrate recovery by German luxury car makers this year, with the firm reporting a seven-fold leap in quarterly profit keeping it ahead of Audi and Mercedes. Other automotive brands such as Honda of Japan and France's Peugeot have also benefited from the recent upturn in the global economy, as have heavy truck makers like MAN, Mercedes and Scania as logistics demand grows worldwide.
The industry nonetheless expects the fast lane will come to an end later this year as major markets such as China begin to slow. "We cannot say this will last for the next 12 months," automotive professor Willi Dietz from the German Institut fuer Automobilwirtschaft told AFP.


Mini is hard at work on a new entry-level model--dubbed the Mini Minor or “Mini Mini”--and it could be revealed in concept form at the 2011 Geneva motor show.
Renault is breaking away from the angular styling favored by its former design chief, Patrick Le Quement.
Meet Volvo’s entry to the space race. This is the new V60, the estate version of the new S60, which Volvo proudly states is its most dynamic model ever.
















