 |
Hybrid drives continued sales growth for Lexus in Europe
10.07.2018: Lexus Europe* sold 38,543 vehicles in the first half of 2018, an increase of 7% vs. last year
Self-charging hybrid vehicles represented
|
Lexus Europe* sold 38,543 vehicles in the first half of 2018, an increase of 7% vs. last year
Self-charging hybrid vehicles represented 95% of sales in Western and Central Europe
Sales increase led by renewed NX and CT, as well as continued success of RX
More than 1,000 units of LC flagship luxury coupe delivered in Europe since launch
Lexus well on its way to deliver 100,000 sales in Europe by 2020

Lexus continued growing at a steady pace in Europe in the first half of 2018. In a flat premium market, Lexus sales have increased by 7% to reach 38,543 units. Significant growth was recorded in several key markets, such as Spain (+19%), Russia (+9%), Poland (+9%), and UK (+7%).
With 24,029 self-charging hybrid vehicles sold in Europe in the first half of 2018 (+5% vs. Jan-Jun 2017), Lexus is a leading player in electrification. Self-charging hybrids represent 95% of Lexus sales in Western and Central Europe.
Lexus’ mid-size SUV, the NX, remains the brand’s best seller in Europe with 15,365 units (+15% vs. Jan-Jun 2017), capitalizing on the renewed model introduced last year.
The RX large SUV came second with 8,995 units (+2%), already benefiting from the recent launch of its 7-seat version, the RX L. Supported by a product refresh introduced in the autumn of 2017, the CT compact hatchback also achieved a strong performance in the first semester of 2018, with a sales increase of 10% to reach 4,831 units.
With the recent introduction of two flagship models, the LC luxury coupe and the 5th generation LS luxury sedan, Lexus demonstrated the brand’s passion for bold design, imaginative technologies, exhilarating performance and takumi craftsmanship at the highest level.
Market response is very strong: the LC has already seduced more than 1,000 customers in Europe since start of sales one year ago, while LS sales already reached 676 units since January 2018.
*Lexus Europe sales include the European Union countries, Norway, Iceland and Switzerland, as well as the following Eastern markets: Russia, Ukraine, Kazakhstan, Caucasus region, Turkey and Israel.
- Lexus - also photo
Permanent-URL:
|
Audi sales grow by 4.5 percent in the first half of the year
10.07.2018
|
Worldwide around 949,300 deliveries since January June demand down 3.8 percent Interim CEO and Sales chief Bram Schot: “Performed well despite the difficult environment” more >> |
SEAT - Decisive boost to the globalisation strategy
09.07.2018
|
SEAT signs an agreement to team up with the joint venture between Volkswagen Group China and JAC • SEAT to become a shareholder of the company created by Volkswagen Group China and JAC and will be the Group’s lead more >> |
Acura RDX Snaps Multiple Sales Records Amidst 2019 Model Launch
03.07.2018
|
Best month ever for the RDX and for any Acura SUV Best sales month for any Acura model in more than a decadeThe all-new 2019 Acura RDX compact luxury SUV came out of the gate at full gallop, hel more >> |
American Honda Sets New June Sales Records on Strength of Light Trucks
03.07.2018
|
Light trucks lift American Honda to new June records for total vehicles and trucks Acura RDX sets all-time best sales month and all-time record month for any Acura SUV on gain of 37% &nb more >> |
Cesar Habib - new Rolls Royce Motor regional director Middle East and Africa
03.07.2018
|
Rolls-Royce has announced that César Habib has been appointed as Regional Director, Middle East & Africa from 1 August 2018. He will be based in Dubai.Habib joined Rol more >> |
SEAT to lead the Volkswagen Group’s expansion in North Africa
22.06.2018
|
STRATEGIC PILLAR FOR GLOBALISATION
• The Group decentralises its territorial structure to gain speed and efficiencySEAT has been designated by the Volkswagen AG to lead the Group’s growt more >> |
Daimler adapts earnings expectations
21.06.2018
|
Today, due to current developments, Daimler AG has made a new assessment of the earnings potential for the year 2018. From today's perspective, the decisive factor is that, at Mercedes-Benz Cars, few more >> |
Abraham Schot takes over as interim Chairman of the Board of Management of Audi
19.06.2018
|
...with immediate effect The Supervisory Board of AUDI AG has decided to transfer the duties of the Board of Management Chairman to Abraham Schot on a temporary basis with immediate effect.As previously reported, Audi CEO Ru more >> |
RCI Bank and Services acquires an 75% majority interest in iCABBI
19.06.2018
|
On June 8, 2018, RCI Bank and Services acquired a 75% majority interest in iCabbi, a dispatch management1 company for automotive fleets of taxis and PHVs2 that is currently reporting the highest growth rate on the market.Thanks to iCab more >> |
Mercedes-Benz Trucks to invest about 50 million euros in expansion of the Development and Test Center
15.06.2018
|
Almost precisely ten years after the ceremonial opening of the Development and Testing Center (EVZ) in Wörth am Rhein, Mercedes‑Benz Trucks will invest about another 50 million euros in the center of competence for the development work on commercial vehicles. more >> |
Rolls-Royce on a roll
14.06.2018
|
In light of the news emanating from Rolls-Royce plc today, and to avoid any potential confusion in the media, Rolls‑Royce Motor Cars wishes to clarify that it is in excellent health and enjoying sustained global success across its model range. There are no plans for job reductions. more >> |
Alexander Pollich to be the new Managing Director of Porsche Deutschland
11.06.2018
|
Jens Puttfarcken and Marcus Eckermann to head the Chinese and British sales organisations respectivelyPersonnel change at the top of Porsche Deutschland GmbH: Alexander Pollich (51), previously Managing Director of Porsche Cars Great Britain, will be more >> |
SEAT closes the best month of May in its history
07.06.2018
|
18.5% GROWTH SINCE JANUARY • The carmaker sold close to 50,000 cars, amounting to a 15.5% increase• From January to May, SEAT commercialised 238,500 vehicles• &nb more >> |
Groundbreaking for first Mercedes Benz Full-Flex Plant in Hungary
05.06.2018
|
Mercedes-Benz Cars invests one billion euros in new car plant in Hungary Next step on the road to smart production: Mercedes-Benz Cars is starting construction of a “Full-Flex Plant” and transferring the blue print of &l more >> |
Groupe PSA’s Business Lab and Latin America Division partner with Cubo Itaú in Brazil
04.06.2018
|
• Cubo Itaú is the largest technological entrepreneurship hub in Latin America• The Business Lab is partnering with Cubo Itaú to step up Groupe PSA’s digital transformation in the regionGroupe PSA’s Bu more >> |
Groupe PSA increases SUV production capacity in Europe
30.05.2018
|
• Following the success of the SUV offensive led by its five brands, the Group is increasing production capacity in Europe to meet market demand• Conditions are now in place to achieve the highest levels of performance and quality in each of the plants concerned• Implementing these projects will ensure high capacity utilisation in each more >> |
Opel and IG Metall/Works Council Agree on Measures for Improved Competitiveness and Investments
29.05.2018
|
• Grandland X SUV and hybrid version to be produced in Eisenach• Development of next generation global Groupe PSA 1.6-litre engine family (EP) at Engineering Center in Rüsselsheim• Framework agreement with job protection extended until 2023Opel h more >> |
Porsche Aktionäre beschließen Erweiterung des Aufsichtsrats
15.05.2018
|
- Dividende von 1,76 Euro je Vorzugsaktie zugestimmt - Vorstand und Aufsichtsrat wurde Entlastung erteiltAuf der ordentlichen Hauptversammlung der Porsche Automobil Holding SE (Porsche SE), Stuttgart, haben die Aktionäre an diesem Dienstag die Erweiterung des Aufsichtsrats von sechs auf zehn Mitglieder im Wege einer Satzungs& more >> |
Wahl von Prof. Wolf zum Mitglied des Aufsichtsrats wird verschoben
14.05.2018
|
Prof. Siegfried Wolf (60) hat den Aufsichtsrat der Porsche Automobil Holding SE (Porsche SE), Stuttgart, darüber informiert, dass er in der Hauptversammlung am 15. Mai 2018 in Stuttgart noch nicht für die Wahl in den Aufsichtsrat kandidieren möchte.Der ausgebildete Ingenieur und ehemalige Vorstandsvorsitzende der Magna International Inc., more >> |
Nissan contributes € 478 million for first quarter 2018 to Renault's earnings
14.05.2018
|
Nissan released today its results for the fourth quarter of fiscal year 2017/2018 (April 1, 2017 to March 31, 2018). Nissan’s results, published in JGAAP, for the fourth quarter of fiscal year 2017/2018 (January 1 to March 31, 2018), after restatements(1), will have a positive contribution to Renault’s first quarter 2018 net income estim more >> |
Audi informs its shareholders about the company’s transformation
09.05.2018
|
More than 20 market launches in 2018 – focus on new design language and fully digital operation Audi Summit in Brussels: electric initiative starts with all-electric SUV Audi e-tron &nb more >> |
Porsche SE: Matthias Müller legt Vorstandsmandat nieder
30.04.2018
|
Matthias Müller, Vorstand Strategie und Unternehmensentwicklung der Porsche Automobil Holding SE (Porsche SE), Stuttgart, hat im Einvernehmen mit dem Aufsichtsrat der Porsche SE sein Vorstandsmandat mit Wirkung zum 30. April 2018 niedergelegt. Es wurde vereinbart, dass die ihm zustehenden vertraglichen Leistungen vollständig erfüllt werden. Dr. Wolfg more >> |
SEAT to recruit 250 more employees as a result of increased production in the Martorell plant
30.04.2018
|
Beginning June 1st
• The sales success of the Ibiza, Arona and Leon lead to more job creation• With these latest hires, SEAT will add 515 new contracts to date this year more >> |
MIRICO Receives £1.58 Million Injection From Foresight Williams Technology EIS Fund
30.04.2018
|
• Investment alongside £2 million from existing investors• Game-changing rugged gas analyser technology • The Fund supports di more >> |
Porsche opens a new Experience Centre in Shanghai
27.04.2018
|
Sports car manufacturer emphasises the great importance of the Chinese marketExperience the fascination of Porsche at first hand: This slogan typifies the first Porsche Experience Centre in Asia that the sports car manufacturer has opened in China. more >> |
Audi starts challenging year with successful first quarter
27.04.2018
|
Audi Group: €15.3 billion revenue, €1.3 billion operating profit, operating return on sales of 8.5 percent CFO Alexander Seitz: “A solid basis to meet growing challenges” High self-financing strength: Significant increase in net cash flow to €1.9 billion more >> |
Porsche increases revenue and operating result in the first quarter
27.04.2018
|
Workforce grows to 30,335 employees
Continued growth: Porsche AG has seen a further increase in its deliveries, revenue and operating result in the first three months of the 2018 financial year. Th more >> |
Extensive revision of Volkswagen Group management structure decided
13.04.2018
|
Board of Management and Supervisory Board pave the way for more efficient Group management Group will be organized into six business areas and the China region Dr. Herbert Diess follows Matthias Müller as Chairman of the Group’s Board of Management Su more >> |
9,656 euro bonus and jubilee payment for Porsche employees
21.03.2018
|
Sports car manufacturer acknowledges 2017 as a record year and 70-years of the Porsche sports carPorsche shares the success of the company with its employees: After the most successful year in the company’s history, employees at Porsche AG will receive a special bonus of up to 9,300 euro gross. This is the agreemen more >> |
BMW i Ventures Announces Investment in Blackmore Sensors and Analytics, Inc.
20.03.2018
|
BMW i Ventures has announced an investment in Blackmore Sensors and Analytics, Inc., a leading developer of frequency-modulated continuous wave (FMCW) lidar for the automotive industry. “Advances in new sensor technologies, like lidar, are going to make cars safer and, eventually, autonomous,” said BMW i Ventures partner Zach Barasz.&nbs more >> |
Octo Telematics partners with RCI Bank and Services
20.03.2018
|
.... to provide global telematics data analysis for vehiclesOcto’s telematics services and data analytics will be used by RCI Bank and Services, Groupe Renault’s global finance company, to enhance customer relationships and loyalty. Octo Telematics (Octo), the number one global provider of telematics for the auto more >> |
Jens Puttfarcken takes over as Porsche President and Chief Executive Officer
20.03.2018
|
Change of management at Porsche China and Porsche Hong KongA change of management is going ahead in the Porsche China and Porsche Hong Kong sales companies: Jens Puttfarcken, current Chief Executive Officer at Porsche Deutschland GmbH, wil more >> |
Porsche paves the way for the future with substantial investments
16.03.2018
|
Revenue of 23.5 bn euro – operating result of 4.1 bn euro – operating profit margin of 17.6 per centPorsche AG set new records for deliveries, revenue and operating results in the 2017 financial year, delivering a total of 246,375 vehicles (+4 per c more >> |
Automobili Lamborghini crosses billion Euro turnover threshold
15.03.2018
|
• Worldwide sales grow for seventh consecutive year to 3,815 units• Turnover increases by 11% to 1,009 Mio. Euro, the best ever• Sustained, profitable grow more >> |
Audi achieves robust performance in a challenging financial year 2017
15.03.2018
|
..... and accelerates business transformation - Operating profit before special items increases to €5.1 billion; slight increase in operating return on sales before special items to 8.4 percent   more >> |
Successful financial year 2017 for Volkswagen
15.03.2018
|
Volkswagen brand implements product and innovation offensive consistently Deliveries, sales revenue and result improved in 2017 Operating return on sales improved to 4.1 percent Good progress with strategic realignment; preparations for electric offensive proceeding to schedule more >> |
Mercedes-Benz Cars pushes electric initiative in South-East Asia with battery production in Thailand
14.03.2018
|
Mercedes-Benz Cars pushes electric initiative in South-East Asia with battery production in ThailandStrategic investmentAnnouncement of strategic investment in Thailand: (from left to right) Mr. Andreas Lettner, CEO of Mercedes-Benz Manu more >> |
Volkswagen Group to expand production of electric vehicles worldwide
14.03.2018
|
... on a massive scale "Roadmap E" is picking up speed: 16 production sites for electric vehicles by the end of 2022 Future partnerships with battery manufacturers agreed for Europe and China more >> |
Alliance Renault Nissan Mitsubishi leadership appointments to accelerate synergies
14.03.2018
|
From April 1st, additional convergence will be put in place to accelerate synergies in key operational areas as part of the Alliance 2022 mid-term plan. Renault, Nissan and Mitsubishi today announced that they have met with the necessary emp more >> |