Lexus will get rid of three models in Europe. It will focus on more promising cars

Toyota’s premium division on the old continent no longer counts on three models. Once stocks are sold out, successors will not come. The Lexus brand was established as a premium division of Toyota in 1989, when it focused primarily on the North American market. It did not officially enter Europe until the second half of […]

Daimler is back in profit, far exceeding estimates

The German automobile concern Daimler reported a pre-tax profit and interest rate (EBIT) of EUR 3.07 billion (CZK 83.9 billion) in the third quarter due to an unexpectedly rapid market recovery, significantly exceeding analysts’ estimates. Daimler expects a solid result in the last quarter, provided that it does not see further area quarantines. In the […]

German surprise: Sales of new passenger cars rose year on year in September

265,227 passenger cars were newly registered in Germany in September, which is 8.4 percent more than in the same month last year. This was announced by the Federal Office for Motor Vehicles (KBA). Statistics also show that ┼ákoda cars remain the strongest imported brand in Germany. Companies are traditionally the driving force behind new registrations. […]

Tesla’s sales rose sharply in the quarter, reaching a new record

US electric car manufacturer Tesla increased sales by 44 percent year-on-year to a record 139,300 vehicles in the third quarter of this year. It thus exceeded the expectations of analysts, who estimated sales in the Reuters survey at 134,720 cars. However, sales of Model 3 cars disappointed. Tesla also stated today that it produced 145,036 […]

Carvago is Europe’s online car marketplace, promising worry-free shopping

The new online marketplace of the Czech start-up Carvago will offer a selection of more than a million used cars and a complete purchase from the comfort of home. The cars are inspected by a professional service and their condition is guaranteed by a one-year warranty. As the first online car market in the European […]

The future of Lamborghini in jeopardy? Volkswagen is considering selling it

Lamborghini was experiencing the best period in its history in the run-up to coronavirus, when sales of the Urus SUV were growing rapidly. Nevertheless, its future may now be jeopardized. Today, the Volkswagen Group is considered the largest vehicle manufacturer in the world, with nine passenger car brands, one motorcycle manufacturer and other brands for […]