Bugatti Veyron production run of 450 units is coming to an end very soon and the long-waited successor is expected to debut as a concept already next March at the Geneva Motor Show.
Daily Archives: September 10, 2014
Supercar sales forecast to rise more than 60% in Europe by 2017
The slump in the European market for supercars exceeding €100,000 is coming to an end as confidence returns following the region’s prolonged recession and automakers begin to replace aging models. Led by models such as the BMW i8 and Audi R8, European sales in the segment are forecast rise to 21,000 units by 2017, up from 13,000 last year, according to figures from IHS Automotive.
The consultancy predicts that the rebound for cars costing more than €125,000 will start this year.The return of consumer confidence is perhaps the biggest tailwind. “Last year was one where we were still seeing economic pressures in the region, which was likely to have made some people reluctant to buy something extravagant,” IHS Automotive senior analyst Ian Fletcher stated.
Jaguar XE will attract women, young buyers, JLR CEO Speth says
Jaguar Land Rover CEO Ralf Speth at the XE unveiling in London. The XE will face tough competition from cars such as the BMW 3 series but Speth says forecast growth in the premium compact segment means “there is space enough for everybody.”
2016 Jaguar XE debuts at London’s Earls Court
Last night the BMW 3 Series rivalling Jaguar XE debuted at London’s Earls Court with a bigger debut with full details set for next month’s Paris Motor Show.
