The BMW Group announced its third quarter earnings before tax (EBT) margin came in at 10.6 percent, down 0.4 percent from the preceding quarter; however, the numbers were dragged down by its Motorrad motorcycle business. The company’s 4-wheeler automotive segment – the segment were are interested in - recorded an EBT margin of 9.8 percent, up 0.6 percent from the previous quarter, and 0.9% higher than the same quarter last year. The increase in profit came despite a marginal 0.6 percent drop in

Nearly one in every 3 new Lamborghini sold worldwide went to the United States, while Urus contributes 3 out of every 5 new sales closed by Lamborghini globally. The Italian bull marque ended 2022 by setting its highest sales record ever, with 9,233 cars sold worldwide, up 10 percent from the year before. The USA is Automobili Lamborghini’s most important market, buying 2,721 cars (up 10 percent from 2021), followed by China with 1,018 cars delivered to the mainland, Hong Kong, and Macau (up 9 p

The Mercedes-Benz EQS SUV will be making its global debut on 19-April 2022 via live stream. Based on the new dedicated EV modular platform (EVA2), the EQS SUV is the third model to be underpinned by EVA2 after the EQS sedan and EQE. As its name suggests, the Mercedes-Benz EQS SUV aims to combine the design and comfort of the EQS sedan with the space and versatility of an SUV. Also read: Mercedes-Benz EQS unveiled, 770 km range and ready for L3 autonomous driving While its specs have yet to be re

Porsche delivered 301,915 cars in 2021, up 11 percent from 2020. The figure is Porsche’s highest ever annual sales record, breaking the pre-pandemic era 2019’s record of 280,000 cars. Never before in the company's 73-year history (since 1948) has more people bought a Porsche. If there was an economic slowdown last year, Porsche's customers never felt it. “Despite the challenges posed by the semi-conductor shortage and the disruption caused by the Covid-19 pandemic we have been working hard to en

We’ve just spent a few moments with the BMW iX to bring you some detailed photos, such as the engine bay. If you’ve tried Googling photos of the BMW iX’s engine bay, you would only be able to see a BMW iX with a cut-out on the bonnet, none in which the bonnet is actually open with a view inside. There’s a good reason for it, BMW discourages users from opening the bonnet as there are no user serviceable items within the bay. And let’s face it, the vast majority of new car owners rarely open their

PT Mercedes-Benz Distribution Indonesia (MBDI), the distributors of Mercedes-Benz vehicles in the country has revealed that the Mercedes-Benz EQS will be introduced there in 2022, as reported by our sister site Autofun.co.id. Choi Duk Jun, the Chief Executive Officer of MBDI confirmed the matter in a press conference last week. However, he stopped short of mentioning whether or not the model will be locally assembled (CKD) or fully imported (CBU). At present, several Mercedes-Benz models are ass