Hyundai has taken aim at the German luxury brands in a big way. The 2015 Genesis sedan is all new and should have the Germans looking twice. Now in show rooms with a Canadian base model price of $43000, the term “base”, is not quite accurate.

In fact, most luxury brands, including Audi and Porsche, have seen strong sales this year. Jeff Bracken, general manager of Lexus, estimates that luxury-vehicle sales account for about 25 percent of the auto industry's overall growth this year.

Although the economy has shown signs of recovery, luxury goods did not benefit greatly. The local economy was improving in 2013, but local consumers were still very price cautious when buying luxury goods. Unlike tourists from mainland China, local …

$110,000 can buy a nice addition to the house, put a kid through college, or buy a family of four the globe-trotting trip of a lifetime. Or Bentley fans can use it to upgrade from the merely extravagant Flying Spur ($243,835) to the carpooling-with …

Memories of the recession have all but disappeared in the rearview mirror for Mercedes-Benz, Lexus, BMW and most other luxury brands, with their sales rising considerably faster than the rest of the industry this year. New, lower-priced nameplates …

While Chammas had no hard data on how painful the past few years have been for Hermès, Louis Vuitton, Rolex and other international luxury brands present in Lebanon, he says “luxury has been impacted more than the other retail segments.” Executive …

[USPRwire, Tue Aug 05 2014] Demand for luxury goods was sustained in 2013 by the overall improvement in the country's economic condition which provided better employment opportunities for Filipinos. The continued growth in business process …

$110,000 can buy a nice addition to the house, put a kid through college, or buy a family of four the globe-trotting trip of a lifetime. Or Bentley fans can use it to upgrade from the merely extravagant Flying Spur ($243,835) to the carpooling-with …

Most luxury brands — with the exception of Cadillac, Volvo and Acura – were up by double digits, while those three had decreases in July. “Those who were most sheltered from the impact of the downturn may have held off [buying] for a while, if not to …