profitability
Infiniti Planning to Shift Production Outside Japan
Getting back to the present, Infiniti (despite assembling the goliath QX SUV in the US for a time) currently doesn’t build any vehicles outside Japan, though Andy Palmer, executive vice president for the brand said recently that,”as cars come up for renewal, generally they’re being relocated in a function of where the majority of sales...
Tesla Aims For Profitability By 2013, Model S Sold Out
The little electric company that could has some bad news for its critics as its latest vehicle, the $50,000 electric four door sedan Model S, is sold out. According to CEO Elon Musk, Tesla has received orders for “more than 6,500” Model S cars for next year. Moreover, Musk claims that most orders of the…
Rolls-Royce Ghost Will Remain Brand’s Smallest Car
Since being launched, the Rolls-Royce Ghost sedan has attracted a new type of customer to the brand which tends to be younger and more in-tune with today’s technology.
General Motors Regional Divisions Now Profitable, Opel Included
While General Motors seemed desperate to sell Opel back in 2009, GM CEO Dan Akerson now says that the terms of the sale were a “bad deal” and that Opel, along with GM’s other global divisions, are now profitable. Nick Reilly, GM’s European president, said that GM Europe will be profitable – albeit not by…
