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VW makes $23K on every Porsche sold, more than Bentley or Lamborghini

It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.

Previewing the 2014 Paris Motor Show

Don't let the shiny objects detract from the serious side of the show. Sales, fuel economy and regulations are part of the conversation.
The Paris Motor Show is one of the glitziest events on the automotive calendar. Yes, it helps that it's in the City of Light, but the glamorous surroundings only enhance the spectacular wares that automakers bring to the show. This is where Europeans debut their best new cars for the coming year, both as eye-catching concepts and in production trim.

Teen who stole Guy Fieri's Lamborghini gets life in prison [w/video]

If you're currently on a crime spree, we'd recommend against stealing the Lamborghini of a popular, bleached-blonde chef, lest you end up getting sentenced to life in prison. That's not to say 19-year-old Max Wade's life sentence was simply due to pilfering Guy Fieri's Lambo - an attempted murder charge for a drive-by shooting, among other crimes, also played a role - but we doubt it did much for his case.
You'll recall we last reported on Fieri's missing Gallardo Spyder in April of 2012, when it was reported that the Marin County Sheriff's Department and Mill Valley Police Department recovered the car from a storage container, that also housed the motorcycle Wade, then 17, used in the drive-by. Wade originally stole the V10-powered droptop from a San Francisco dealership in 2011, reportedly by rappelling onto the dealership's roof.
Wade was charged as an adult for his crimes, despite being a minor when they were committed, and could be eligible for parole at an unspecified date. That said, he's also facing a separate sentence of over 21 years, according to Boston.com. Scroll down for the news report from KPIX-5, the Bay Area's CBS affiliate.