The auto industry hasn’t escaped the drama affecting the stock markets due to the US credit rating downgrade and the problems in the Eurozone. This month has been the worst ever since November 2008 for the Euro Stoxx Automobile and Parts Index as it lost €35 billion ($50 billion) or about 19%, of its value.
However, despite the slowing global economy, it is luxury carmakers like BMW, Mercedes-Benz and Audi rather than mass-market brands, like Fiat and Renault, that can withstand its effects better.
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Fiat
- Lil' Monster: Romeo Ferraris Fiat 500 Abarth Stradale Packs 300HP
- Romeo Ferraris Preparing Insane Fiat 500 Abarth with 300-Horses
- Alfa Romeo Lays Out Product Plans Until 2014, Readying a New RWD Saloon with a V6 Engine
- Former Chrysler CEO Nardelli Says Cerberus Could Have Saved the Automaker
- Official: Fiat-Chrysler Alliance to Build New Small Jeep SUV at Mirafiori Plant in Italy
- Alfa Romeo Announces New 1.8-liter Turbo Engine with up to 300HP, Production Starts in 2013
- New Chrysler Ypsilon Supermini Makes its Debut in Britain [50 Photos]
- Jeep's Updated Production Plan Includes Four New Models Covering Most Segments by 2014
- Fiat Joins Pink Initiative for Breast Cancer Awareness in the U.S. with Limited Edition 500
- U.S. Fiat Dealers Disappointed by New Decision to Delay Alfa Romeo's Return
- The Manchurian Candidate: Jeep capitalizes on Fiat’s Chinese Operations, Wants to Build SUVs locally
- Video: Jennifer Lopez Shakes it for the New Fiat 500C
- Another Month, Another Delay: Alfa Romeo Won't Come to the States Until 2013, Cancels SUV Plans
- IAA 2011: Abarth Turns Fiat's 500 City Car into the 695 Competizione
- IAA 2011: Fiat Ready to Conquer the City Car Segment with All-New Panda
- Official: VW Says Suzuki Violated Agreement by Purchasing Diesel Engines from Fiat
- Fiat 500 by Gucci Makes Chic Debut at Italian Firm's Manhattan Store
- Chrysler to Sell Fiat Doblo in the U.S. and Canada under the Ram Brand
- Abarth to Unleash Punto SuperSport and two Special Editions of the 500 in Franfkurt
- Report: Fiat Group Mulling to Build Jeep and Alfa Romeo SUVs in the U.S. Instead of Italy
- Fiat’s Frankfurt Carmageddon: AWD Freemont, 500 “by Abarth” and 500C “by Gucci”, Plus Two New Editions of the Qubo
- 2012 Fiat Punto gets 85HP 0.9-liter TwinAir and 1.3 Multijet Engines
- Fiat’s 2012 Nuova Panda to Fight for City-Car Supremacy
- Lancia Flavia Cabrio Coming to Frankfurt Show, Sedan Plans Axed
- Marchionne Says Fiat “Will Meet its Targets for 2011 – For Now”
Audi
- Slowing Demand in China Forces Luxury Carmakers Like BMW to Offer Big Incentives
- Ay Ay Ay! How to Rattle the Nerves of Even the Calmest of Drivers
- 168,000 VW Jetta, VW Golf and Audi A3 Diesel Models Recalled in the U.S. Amidst Fire Concerns
- MTM's Colorful Audi RS3 Sportback Packs a Mighty Punch
- Overtaking Czech-Mate: Audi Driver Crashes Head on with Police Car
- LG Wants to Ban BMW and Audi Sales in South Korea Over LED Feud
- Study Shows that New Porsche 911 Garnered the Most Web Buzz from the Frankfurt Motor Show
- Audi’s R18 TDI Racecar Debuts in the U.S., Aims for 10th Victory at “Petit Le Mans”
- Land Rover Scores 54% of the Vote in MSN Cars’ Poll of Best 4x4 Brands
- Volvo Says Dankeschön to Germans for Ranking the Brand First in Customer Satisfaction
- New Audi Ad Portrays U.S. Roads Approaching Third World Conditions and American Drivers as Nitwits
- Official: Audi Applies Trademarks for New RS5 Cabriolet
- SPY SHOTS: Hotted Up Audi Q3 S/RS with 2.5-liter Turbo Takes to the 'Ring
- SPY SHOTS: 2013 Audi A6 Allroad Quattro is on its Way
- Senner Tuning Beefs up the Audi S5 Sportback
- IAA 2011: Audi Presents New A5 Coupe DTM Racer in the Flesh
- SCOOP: New Audi RS4 Avant Flexes its Muscles on the Nürburgring
- IAA 2011: Audi Launches A8 Hybrid, W12 LWB Limited Edition and New 4.0 TFSI Engine
- IAA 2011: Live Photos from the VW Group's Frankfurt Preview Event
- IAA 2011: Audi Presents Facelifted RS 5 Coupé
- IAA 2011: Audi Urban Concepts Revealed in the Flesh [Photos + Videos]
- Audi Launches TT RS Customer Teams Racing Model for 2012 Season
- Project Kahn Spiffs up the Audi A5 Coupe
- Audi Drops First Photos of A2 Concept
- Frankfurt Show Preview: New Audi A2 Concept
BMW
- Slowing Demand in China Forces Luxury Carmakers Like BMW to Offer Big Incentives
- BMW Launches Updated 5-Series Range with New 2.0-liter Turbo Petrol and Diesel Engines
- Judge Rules in Favor of BMW Dealer who Fired Employee Over Facebook Posts
- Nürburgring Sports Car Pileup: In-Board Camera Captures the Second Crash on Film
- Video: New BMW Z4 sDrive28i's Turbocharged-Four Dyno-Tested
- Dude, I Drive a BMW: Sarcastic Video Take on Bimmer Owners
- BMW UK Sells Two Millionth Vehicle in Britain 31 Years after it Officially Entered the Market
- SPY SHOTS: 2012 BMW M6 Cabriolet Continues Testing
- BMW Singapore Pulls a Performance Prank on 1-Series Coupe Owner [Video]
- Massive Sports Car Crash on the Nordschleife, BMW's M3 'Ring Taxi Involved
- SPY SHOTS: New BMW ActiveHybrid 3 Based on the F30 3-Series
- Fanatec Develops Realistic BMW M3 GT2 Racing Game Steering Wheel for Clubsport Base
- BMW Introduces the New ActiveHybrid 5 with a Turbocharged Six, will it have the Same Fate as the X6 Hybrid?
- SPIED: BMW Preparing Subtle Updates for X6 Crossover
- BMW Treats China with New Z4 sDrive23i Limited Edition
- New BMW M3 Sedan Video Scooped: Are these the Sounds of a Turbocharged Six?
- LG Wants to Ban BMW and Audi Sales in South Korea Over LED Feud
- Polk Says 2011 Non-Dedicated Hybrid Model Sales Down 1.5% Versus 2010
- BMW's Quandt Family Admits Using 50,000 Slaves as Workers in WWII
- BMW Testing Ceramic Brakes for New M5 V8
- SCOOP: All-New 2014 BMW M3 Sedan Caught and it's Packing a Twin-Turbocharged Straight-Six
- Study Shows that New Porsche 911 Garnered the Most Web Buzz from the Frankfurt Motor Show
- BMW Celebrates the 30th Anniversary of the 5-Series with Special Edition 528i in Japan
- Video: Watch a BMW Z3 5.0 V10 go from 0 to 340km/h+
- Video: New BMW M5 Hits 300 km/h on the Autobahn
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