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Top carmakers put the pedal to the metal
Economy

Top carmakers put the pedal to the metal

Strong results by BMW on Tuesday demonstrated the recovery by German luxury carmakers this year, with the group reporting a seven-fold leap in quarterly profit that kept it ahead of Audi and Mercedes.
German luxury car market shows strong sales
Cars

German luxury car market shows strong sales

German premium auto manufacturers Audi, BMW and Mercedes are on a roll and expect sales to remain on track for the rest of the year, they said on Thursday, but the outlook in some key markets is cloudy.
Flashy Audi roars past other VW brands
Cars

Flashy Audi roars past other VW brands

Volkswagen's flashy brand Audi is racing ahead of VW's other makes and generated more than 85 percent of total operating profit in 2009, according to group figures released on Thursday.
Audi to invest massively in German plants
Cars

Audi to invest massively in German plants

The Volkswagen subsidiary Audi is set to invest €1.9 billion in its own factories, it was announced Saturday. The move is part of a crisis-defying trend among Germany's luxury car brands.