Thieves used counterfeit credit cards and phony driver's licenses created in a suburban man's bedroom to rent luxury vehicles at airports that were then turned around and sold at deeply discounted prices, a prosecutor said Wednesday. Authorities …
In 1999, when Dr. Perera built the first prototype of his car, cars were considered a luxury item which few Sri Lankans could afford. Dr. Perera wanted his car to be affordable and accessible to a wider audience. “Sri Lanka needs its own car,” he said …
In a world awash in European luxury brands in fashion, cosmetics and automobiles that can be characterised as Veblen (or snob) goods, where demand increases as price increases, why not “luxury” fruits, meats and grains? Ira Sohn, Professor of Economics …
According to statements made on the record in court, the drug ring spent the proceeds of their operation on expensive vehicles, including Mercedes automobiles, and other luxury items. All of the defendants are charged with conspiracy in the second …
Thieves used counterfeit credit cards and phony driver's licenses created in a suburban man's bedroom to rent luxury vehicles at airports that were then turned around and sold at deeply discounted prices, a prosecutor said Wednesday. Authorities …
Planes trains and automobiles. It has been possible for a while to compare multiple modes of transport with Google Maps to find the best way to get to your destination, and return home again. However, the new version of the software includes a new …
BMW and Mercedes parent Daimler AG could be hurt by the proposed rules because the tighter emissions controls could threaten their luxury–car sales. On Tuesday, the German government disclosed that BMW's controlling shareholders—heiress Johanna …
They allow for basic and more advanced features to be offered in different types of cars, such as an economy car or a luxury model, said Brooke Williams, a business manager for TI's automotive advanced driver assistance systems unit. The new technology …
[Package on tape by CNBC's Auto and Airline Industry Reporter Phil Lebeau] Here in the US with luxury auto sales outpacing auto sales overall, the fiercest battle among the luxury automakers is with models sold for less than $50,000. In fact, 46% of …