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News and Information about sales
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The 2018 Porsche 911 GT2 RS that made its debut not so long ago at the E3 video game expo in Los Angeles has already been sold out according to reports. That’s surprisingly quick and highly impressive for the 700-horsepower (521 kilowatts) sports car. It sold so fast that you probably didn’t even have enough time to consider it.
AutoBild says that Porsche’s plan is to produce 1,000 units of the 911 GT2 RS, and that every single one of them had already been accounted for. The company did mention that some of those examples will be reserved for 918 owners, as they get priority access to this model. Apparently, the 911 GT2 RS has a starting price of €260,000 or €289,000 in Europe. Deliveries will begin by fall this year. However, the company has not confirmed any of these details shared to us yet.
To make a more aggressive vehicle, the sports car has been provided with an aero package that is noticeable in the front and rear fascia - with a wide body kit as well as a massive rear wing. Throughout the inside the cabin, you’ll find carbon fiber trimmings, and to keep the weight down, a set of lightweight wheels has been put in.Read the entire article Limited edition 2018 Porsche 911 GT2 RS is now totally sold out
After a number of failed attempts, Tesla finally gets an Arizona dealership license by winning a court battle that allows them to sell directly to consumers. The automotive dealer license is a standard license traditional automotive dealerships are required to hold in order to sell vehicles.
Late last year, the DMV issued a dealer license to Tesla, which had only been approved last week after a Maricopa County administrative law judge confirmed that the process for blocking such a license from the Arizona Department of Transportation did not apply to Tesla in the first place.
After claiming the license, the electric automaker will now be able to conduct test drives and sell vehicles out of their service centers and the gallery they are currently operating in Phoenix.Read the entire article Tesla has been granted dealership license in Arizona to sell its vehicles
A product with a price tag of nearly $2 million could be a hard sell. But that isn’t necessarily true for every product in the market, especially if it concerns super-athletic cars or classic vehicles. At a price of around $1.9 million for each example, some would have thought that the Koenigsegg Regera megacar might be hard to hawk. But Swedish hypercar marque Koenigsegg has the last laugh, as it turned out that it already sold all 80 examples of its Regera hypercars.
This could be bad news for those are really considering buying a new Koenigsegg Regera. However, for Koenigsegg, this is delightful news as it signals the overwhelming success of the Regera hypercar. Koenigsegg has limited the production of the Regera to 80 examples. For the Swedish carmaker, this is already a big number, noting that the Regera program is so far the largest single vehicle series in its history.
Now that Koenigsegg has already sold out the Regera megacar, those who are still interested in buying a new one might think they don’t have a chance to acquire one anymore. However, Koenigsegg has posted in its Facebook account that interested buyers could contact their local dealer to see whether a Regera is still available. But we highly doubt that, after all, the Regera has several selling points that are hard to ignore.Read the entire article Koenigsegg sells out all 80 examples of its Regera megacar
Subaru has been doing really well for some time now. Just last year, the company announced its eighth consecutive U.S. sales record, hitting the 600,000 mark for the first time in history when it comes to deliveries. In fact, they sold over 600,000 last year, and with the current pace they are at this year, it looks like they will beat their present record. Apart from that record, Subaru can now claim a new all-wheel drive sales record as they have overtaken Audi’s all-wheel-drive sales.
According to some figures online, Subaru now sells the most number of all-wheel-drive cars globally, 15 percent of the global market to be specific. The automaker ranked number one by selling 965,892 units between the April 2015 to April 2016 financial year, that is 245,382 more than Audi’s sales of 720,510 units. Third in line would be Jaguar Land Rover, who have sold 485,797 units according to Autocar.
To break down the company’s sales, 60 percent of Subaru’s all-wheel-drive global sales come from the United States, within the same timeframe, 50,000 units were being sold in Europe - that is less than what it achieves in the US in one month. Furthermore, the UK sells less than 4,000 units in a year, and only a total of 1,210 units were sold in the past five months, that is a 19 percent drop compared to last year’s figures. Though Subaru is hitting the sky with its sales in the United States, it appears that it hasn’t been able to build up the brand name across the Atlantic.Read the entire article Subaru sells the most all-wheel-drive cars, beating Audi
Daimler has made a superb job of beefing up the Mercedes-Benz range in the present day, increasing the number of models in both the high and low spectrum of the German automaker's portfolio notably in the AMG category.
And the results have been impressive: Mercedes-AMG achieved a remarkable 99,235 AMG vehicles worldwide in 2016. This represents a 44.1 percent growth compared to the previous year. It appears that the German automaker isn’t backing down from its goal of a record sales growth. In fact, if its sales continue at its current rate, it is very likely that Mercedes-AMG will hit the 100,000-unit mark this year to set another sales record.
This can be attributed to the German automaker's move to release more affordable models including the A-Class in Europe and the CLA in the U.S., head of marketing Britta Seeger said. She further revealed in an interview with Autocar that they are offering the A 43 for the driver who isn’t yet ready to get behind the wheel of a 63 model.Read the entire article Mercedes-AMG is on track to hit record 100,000-unit sales in 2017
Porsche wants to discourage a practice that has hounded its cars for decades. The German automaker Porsche produces a car; afterwards the released sports car will garner impressive reviews from the car enthusiasts. Then demand from interested customers will outweigh supply. And then these models will pop out like mushrooms in classified ads with corresponding inflated price costs. By now, this is nothing new to the automotive community, but GT head honcho Andreas Preuninger seemed to have had enough of this practice when it comes to Stuttgart's premium sports cars and hopes to counteract car flippers.
Porsche now wants to get even with those car flippers by throwing down a simple plan - making more detailed research of potential consumers of their sports car. Andreas Preuninger clarified that this is not a form of punishment, but is instead a brilliant strategy. Porsche's head of GT road-car development told Car and Driver at the launch of the 2018 911 GT3 that he personally likes to see the cars being used because it's the main purpose of building them, and the sports car are too good to be left in the garage and collect dust.
He further added that he doesn't fancy the business of people purchasing Porsche's cars just to make money on them, as this is not the main intention of the German automaker. He further said that the purpose of limiting the production of a car is not for it to increase its value in the passing days, and they don't want it to seem that they’re laying money on each car when they’re rolled out.Read the entire article Porsche to lay down plan to counteract car speculators and flippers
Amongst all sports cars on the planet, which one is the world’s best-selling model? Would you have guessed that it is the Ford Mustang? According to IHS Markit’s global automotive registration data, it is. Just last year, 150,000 units of the Ford Mustang were sent out globally from its factory, making it the world’s most popular sports car.
The Mustang was first released in the 1960s for the US market, and it had always been at the top in terms of sales in North America. But the company thought that the model would not sell well in European and Asian countries because it’s a left-hand drive vehicle. Therefore, it took them sometime before deciding to push through with releasing an international edition of the Mustang.
But when the company finally decided to produce a European-focused Mustang, it instantly seemed like the world can’t get enough of it. In the first year of its release, the company already got 15,000 orders of the sports car from Europe. Four thousand five hundred of those units were sent to the United Kingdom alone. The Mustang is also the most popular model in France, Sweden, Poland, Hungary, Romania, Czech Republic, Greece, and Finland.Read the entire article Ford Mustang marks first full year of sales in Europe by being named best-selling sports car
It appears that the Dieselgate scandal masterminded and perpetrated by Volkswagen AG isn’t limited with company, but also has affected, albeit indirectly, its fellow carmakers from Germany. In fact, automotive customers in the United States might not be able to buy new diesel models from German premium carmaker Mercedes-Benz (2017 model year).
Mercedes-Benz’ parent Daimler AG disclosed that it had dropped plans to have Mercedes’ diesel cars and engines certified in the US. Sans any certification, Mercedes-Benz cannot sell its diesel-powered 2017 premium vehicles in the country. Mercedes-Benz USA spokesman Rob Moran told Automotive News that the company is putting on hold the certification process for its diesel passenger cars in the US, as part of a review of the carmaker’s portfolio offerings.
Mercedes-Benz hasn’t decided if it would totally exit from the American passenger diesel market, even though it would not be selling 2017 models in the region. However, given the current situation, an exodus from the American passenger diesel market in the future by Mercedes-Benz won’t be a surprise.Read the entire article Mercedes-Benz drops plans to sell 2017 diesel models in the United States
Notwithstanding Tesla’s effortless marketing and anti-selling initiatives, its CEO, Elon Musk has finally announced that paid reservations for the Tesla Model 3 continue to go up every week. After commencing the reservation procedures barely a month ago, the CEO once shared that the company has already taken about 400,000 pre-order reservations. Since discussing these numbers however, Musk no longer wants to share the exact figures. He explained that if he does this, many people will speculate or make wrong assumptions on what’s going to happen next.
In the recent 1st quarter earnings call, Musk neither answered directly nor tried to eschew the inquiry. Instead, he replied by saying that although he’s not willing to share the actual number, the reservations continue to climb on a weekly basis. That is, in spite of their attempts to encourage their customers to buy the Model S instead of the Model 3.
When asked to provide the exact number of reservations, the CEO said that the problem lies in the probability that people will run off and make all kinds of conclusions based on the number and he thinks that this isn’t “predictive” of the future. He also mentioned that these people aren’t even allowed to test-drive a Model 3 and that the company doesn’t do a thing to sell the Model 3 but increasingly more reservations are made every week.Read the entire article Tesla says its Model 3 reservations are on the rise
Herbert Diess, Volkswagen brand chief, revealed the VW's future plan for the next decade at the press conference in Volkswagen's "Markenhochhaus", the totally rebuilt brick tower at the Wolfsburg factory. Hoping to put the "Dieselgate" scandal behind them, the German automaker is planning a new vision for the company. The plan? Plain and simple, VW will put their efforts into manufacturing more SUVs and EVs. Now that's what we call a solid plan.
The aftermath of the Dieselgate is somehow still felt and the German automaker is making an effort to make us forget the TDI ever happened. Around November of 2016, VW disclosed that they will make the largest change process in VW's history and is now announcing that they are seeking to become the world's leading automotive market when it comes to e-mobility.
This is a strong statement coming from the German company, and VW has a 20/20 vision on how they will execute their plan- by selling no less than 1 million electric cars every year by 2025. This plan will ensue in 2020, when the VW's first ever electric vehicle from the I.D. range will be released to the public. Three more vehicles will join the line-up in the next 5 years, following the Zwickau-produced unit.Read the entire article VW aims to become e-mobility leader, sets goal to sell 1 million EVs annually by 2025
India is working towards a sustainable future by selling only electric vehicles by 2030. As the Indian government is looking to manage its current pollution and environmental issues, Piyush Goyal, India’s minister for renewable energy said that they will be introducing electric vehicles in such a big way. In this regard, the minister also cited an example about the Indian government’s ongoing initiative in reducing the use of energy through LED lights.
In the hopes to completely get rid of vehicles with internal combustion engines, the government is considering innovative ways in encouraging consumers to buy an EV without the necessary subsidies. In spite of these, Goyal also made it clear that they have not finalized anything so far.
The minister however proposed that consumers could buy EVs with no down payment. Instead, people could pay for the vehicle’s cost by installment based on the savings they get out of petroleum. This type of payment scheme is the same to what the Indian government has already attained via the Domestic Efficient Lighting Programme. Under this strategy, the energy efficiency firms were tasked to sell their LED lamps at a fraction of the current price in the market. The homeowners will then pay for the total amount by installment through their monthly electric bills.Read the entire article India plans to go fully electric by 2030
They say that when the going gets tough, the tough get going. That’s what Harvey Payne did with his Chevrolet Bolt. Ever since he bought it, it had been experiencing a number of issues and had to be constantly brought to the shop. Hailing from California, Payne did what few people would probably do and that is ask the automaker for a buyback.
In order to drive his point home, he made a 20-minute video revealing what has been happening and posted it on video-sharing site YouTube.
According to him, he had just recently received the Bolt from delivery when it started showing the “service vehicle soon” light. He immediately took it to his local Chevrolet dealer and not surprisingly, said light went away. Since the dealership was unable to reproduce this particular issue, it returned the vehicle to Payne. After that the light returned and it was not alone.Read the entire article Chevrolet Bolt owner asks for buyback and GM says yes
What defines a coupe? Well, according to the dictionary, “it is a car with a fixed roof and two doors”. Ok, now that it is clear, when does one not become a coupe? In this case, it is when it is a BMW Gran Coupe. You might think I’m confusing you here, but read along.
The 4 Series Gran Coupe was built with four doors and a liftback-style truck on its rear end. That simple description of the model will already raise several brows as it doesn’t correspond with the definition stated above. And if you think about it, its actually just a functional sedan. Now you get where I’m coming from. Though the car doesn’t match the name given to it, it is actually one of BMW’s best selling cars, out-selling the two-door coupe where it got its inspiration.
In fact, despite its later release, the total number of Gran Coupe that has been sold is higher than the figures of the traditional Coupe and the Convertible, combined - according to sales statistics shared by BMW. Globally, the Grand Coupe covers 54 percent of all 4 Series sales, whereas the remaining 46 percent is a shared by the traditional coupe and convertible.Read the entire article BMW 4-Series Gran Coupe sells better than the Coupe and Convertible
The redesigned 5 series G30 arrived in dealers around mid-February, and 2,000 units were already pre-ordered by customers, so by the end of March, BMW only had 200 unsold sedans in dealer inventory according to Ludwig Willisch, BMW Group Region Americas.
Willisch added that the 5 series is “a scarce species” but supplies aren’t supposed to be that low. Since the end of March, production and deliveries have increased, and by now, dealers will have a two- to three-week supply during the launch.Read the entire article BMW dealers demand for more supply of the redesigned 5-Series (G30)
Ford Motor Company revealed that the Mustang is the world’s best-selling sports car for 2016. This is in addition to being the best-selling sports car in the U.S. for five decades. The claim is not without basis with the brand using facts obtained from the new vehicle registration data of HIS Markit for the sports car class. Data showed that for 2016, 150,000 units of the Mustang were sold. Compared to 2015, global sales for 2016 had gone up 6%. The increase was due to a 101% market growth having sold around 45,000 units outside the U.S.
Indeed, the biggest factor for increased sales in 2016 was the global rollout with excellent sales experienced in China and Germany. While it was just officially launched in China back in 2015, the Mustang has become that country’s best-selling sports car as well. Sales in 2016 for instance increased by 74% compared to 2015 figures.
While the Mustang is showing excellent sales in big markets, it is also popular in small markets like Bonaire, Gibraltar, and New Caledonia.Read the entire article Ford Mustang is world’s best-selling sports car for 2016
If you’re expecting to own the newest hypercar from Mercedes-AMG, dubbed as Project One, prepare for some bad news. This road worthy F1 car is no longer available in the U.S. As confirmed by Road & Track, the brand had been compiling a list of possible customers and this was stopped last month. Even if you did make it to the list, it is still not guaranteed. The Michigan-based auto magazine revealed as well that the brand will still be choosing who among those in the list will get the chance to own this remarkable model.
While it was first shown during the 2017 Geneva Motor Show held in March, it was done so behind closed doors. However, it was later revealed that this was not the final version with project manager Melissa Witek saying that the one put on display was around 85% complete. Back then it was estimated that the price would be around $2.4 million. It has been confirmed that a total of 275 units will be made and next month the brand will reveal how many of these will be assigned for the U.S.
So how did people manage to get on the list? Well in order to be part of this rather elite club, you would need to be a longtime owner of a Mercedes. In addition, you would need to convince the brand that you will actually be using the vehicle rather than simply storing it and then selling it for a profit. For those who will ultimately get the chance to be a part of Project One, they will receive them directly from the brand. Owners though will get the chance to choose which dealer will deliver their models and do any of the servicing.Read the entire article Mercedes-AMG no longer accepting orders for Project One, sold out in the US
A visit to Auto Serendin in Stuttgart Germany may be a matter of choice, but to some, having to wait another year for a brand new Bugatti Chiron is a test for patience. Or maybe not. Okay, so the German auto dealer’s asking price comes between $3.2 million to 3.8 million USD. That’s about 3.57 million euros compared to Bugatti’s 2.4-million-euro original price tag. What’s the deal?
Well, if you order this new Chiron at this dealership, instead of waiting 2 years for the delivery, it has been reduced to 1 year. Apparently, that’s just the icing on the cake. The best part of course, is all the goodies it will be receiving courtesy of Auto Serendin.
To make it really worth the price, the German dealer will be throwing in several premium upgrades on the stock Chiron model. The optional configuration includes a €50,000 wheel set with French Racing Blue accents amounting to €7,500 plus an additional €2,500 for the diamond cut finish. Clients who want a black-painted brake calipers should be more than willing to fork out an extra €2,500 to have it done. Not bad, huh.Read the entire article Auto dealer in Germany has a very tempting offer for Bugatti Chiron buyers
It is no surprise that the French marque came back to Geneva Motor Show this year. It means to showcase one of the first Chirons to be delivered to its fortunate owner. Bugatti’s exhibit booth will have on display the royal blue Chiron --- the Bleu Royal tinted carbon fiber with two tone combination of French Racing blue and Deep blue for its interior.
Bugatti earlier reported how Europe continues to be the company’s largest market for the new Chiron --- accounting for 37% of the 250 examples in the order list. However, the North American market is also close, claiming 30% of the total market share followed by the Middle East at 26%. The rest of the world shares the remaining 7%. At any rate, the numbers are increasing and it may take a few more years until we see another production-ready Chiron to ever come out of the Molsheim headquarters.
The 1,500hp Chiron, which takes several months to build, comes with a starting price of 2.54 million USD or 2.4 million euros. On average, the company is capable of producing at least 70 units annually. That means, the remaining 250 units will not be completed until 2020.Read the entire article 250 out of the 500 Bugatti Chiron are now sold out
Last year was probably Porsche’s best year ever in terms of sales. Their factory in Stuttgart delivered 237,778 cars in total, which represents a six percent increase compared to the deliveries in 2015. And as we all know, each 911 sold gives them a net profit of $17,250, making it the company’s cash cow.
Porsche decided to share the success with their hardworking employees. The company will be rewarding around 21,000 employees with a really fat paycheck this time. Now, the amount isn’t random. In case you were wondering, Porsche decided to make this incentive match the figure on its iconic 911 model.
But no, they aren’t just offering €911, instead, each employee gets €9,111 (or $9,830), not a trivial amount at all. Wow, it must be pretty awesome to work in a company that is so generous. The employees won’t get the sum in one instance. The bonus will be divided into two components. A contribution of €700 ($755) will go to the Porsche VarioRente pension scheme or to individual pension schemes, while the bigger amount at exactly €8,411 ($9,075) will go directly into their bank accounts. That’s still a pretty good deal I say, particularly since it adds to the employees’ vital retirement fund.Read the entire article Porsche employees get record-high €9,111 bonus after very successful year
Have you ever wondered how much luxury car companies profit from every vehicle they sell? And which companies profit more? Well, in 2016, Porsche sold over 238,000 vehicles. That is quite a huge number considering their cars are very pricey, but it doesn’t end there.
That number then translates to a total operating profit of €3.9 billion ($4.1 billion), which according to Bloomberg, is a fourteen percent increase since 2015, and a net profit of $17,250 per unit, with a nine percent increase as well. In other words, for every Porsche 911 sold, the profit amounts to the value of a new car by another brand.
Other companies such as Daimler AG and BMW, which both have roughly the same margins, have a net profit of about $5,000 per vehicle in 2016. But none of the above (Daimler, BMW, or Porsche) can compare with the amount this other company is earning.Read the entire article Porsche’s net profit on each vehicle went up 9% in 2016 to $17,250 but Ferrari earns almost $90,000
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