AUDI AG notched up double-digit growth rates in Europe, Asia/Pacific and America in September. The brand with the four rings increased its worldwide sales figures in September by 12.3 percent to 95,137 vehicles (2007: 84,716). From January through September, Audi sold some 762,280 units – an increase of 2.9 percent (2007: 741,106). In addition, the brand achieved double-digit growth rates not only in new Asia/Pacific markets, but also in Europe. The principal drivers of growth were the new Audi A4 and the A5 sports coupé. …click here to read more

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Porsche Automobil Holding SE, Stuttgart, has again brought home record values in the business year 2007/08 (to July 31) despite the general lack of buoyancy in the economic environment. As the company announced on Wednesday, in a first review of the business year that has just ended, preliminary figures indicate that sales of the 100 percent subsidiary Dr. Ing. h.c. F. Porsche AG have increased by 1.2 percent to 98,652 vehicles sales. Turnover also went up by 1.3 percent to 7.46 billion Euro. …click here to read more

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SUV sales are down this year, every automaker that relies on SUVs is having a bad year. Tata’s newly acquired Land Rover brand could be the lone exception – with sales only down 3 percent this year – but the Indian automaker is safeguarding against a bigger market slump by cutting Land Rover production.

Despite only a 3 percent overall drop in sales, Land Rover sales are actually down by more than 30 percent in the U.S. and an equally large number in Europe. Tata is removing two shifts from Land Rover’s Solihull plant located in India. In addition, Tata will also be laying off 300 workers from its Halewood plant where the Jaguar X-Type is produced.

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