Audi is investing in crossovers this year, and it means we'll see a new Q5 as well as a totally new Q2 before the end of the year.
Audi has swapped trademarks with Fiat Chrysler Automobiles to snare the rights to the Q2 and Q4 badges for upcoming crossover SUVs.
The Audi Q2 may soon be the smallest member of Audi's Q family, and a report in Autocar indicates that the company is taking no risks with its feature set. Charged with taking on the Mini Countryman and Nisssan Juke, Audi is giving the Q2 the kinds of looks and options it believes will stand up to established and popular competition.
Audi is rapidly expanding its crossover range, with the Q3 recently joining the Q5 and Q7, not to mention the BMW X6-rivaling Q6 that's in the pipeline. But now, according to Auto Express, Audi is working on an entry-level Q2 crossover that would take on the likes of the Nissan Juke and Mini Countryman.
As we continue to pull the daily sheets from our Word of the Day calendar and accountants are busy counting the days of their fiscal calendars, the pencil pushers at Ford and Chrysler can rest easy for a moment because they just finished compiling the numbers for the second quarter.
Toyota reported its earnings today for the second quarter that ended on June 30th, and not surprisingly, profits are up. Bolstered partly by a weak Yen, Toyota's operating profits rose 31.8% to $5.48 billion USD. Revenue was up 15.7% to $52.92 billion and sales were up 7.1% to 2,365,000 (Side Note: GM sold over 2.4 million globally in Q2). In a coincidental twist of fate, Toyota sales the world over were all up except in its home market of Japan, a situation that mirrors closely what is happenin
First half sales reports have been rolling in and it looks like things are just peachy for the crew at Crewe. Bentley is reporting increased sales for the fourth year in a row. Sales were up nearly 19 percent compared to first-half '06, meaning 5,600 individuals called themselves new Bentley owners in the past six months. During that time, the company had its best month ever, delivering 1,200 Bentleys in March alone. Thanks in large part to the GTC and the new Brooklands, things are indeed good
Today Ford will report its second quarter earnings for 2007, and analysts expect the Blue Oval to ink another losing quarter in the books for the eighth time in a row. The No. 2 automaker in the U.S., for now, lost $282 million in Q1, and analysts expect Ford's aggressive use of incentives to sell cars, as well as the ever rising cost of materials, to again hurt the bottom line to the tune of hundreds of millions of dollars.
DaimlerChrysler has just released its numbers for the second quarter of 2006, and overall it was a good quarter for the company as a whole. DCX saw its operating profit in the second quarter rise 11 percent to $2.37 billion USD. The profits were made on the backs of the Mercedes Car Group, which saw its operating profit skyrocket from just $15.3 million a year ago to $1.03 billion in 2Q 2006. DCX's Truck Group and Financial Services also increased their operating profit.