There are no plans for luxury brands like Mercedes-Benz to export cars from China to Australia, though that could be a future possibility as manufacturers invest more into the region. The luxury segment in China “is big and getting bigger”, says Trevor …
Chinese students account for 10 to 20 percent of Steve Shaheen's business at Okemos Auto Collection, which sells German luxury brands BMW, Porsche and Mercedes-Benz. The trend started about four or five years ago and has increased each year since, …
Despite the slowing pace of overall economic growth in China, the future still looks bright for the luxury brand, says the company's chief. “If you compare to (Rolls-Royce) growth figures we saw here two or three years ago, big double-digit numbers …
Michael Kors is not only the best-performing luxury brand in the market, but may be the most impressive of the last decade. The company is growing fast, including a whopping 28% increase in comparable-store sales during its fiscal third quarter. In …
Finally, the luxury used car market, still in its infancy in China compared with Europe and the US, is also being eyed by luxury brands such as Audi and Jaguar Land Rover, who both said they want to increase this segment amongst their dealerships. With …
Ford's sales and marketing boss, Jim Farley, refused to give sales targets for Lincoln, but revealed that the cars would be sold in a different, "more personalised" way than other luxury brands. Lincoln took the unprecedented step of building a …
Ford's sales and marketing boss, Jim Farley, refused to give sales targets for Lincoln, but revealed that the cars would be sold in a different, "more personalised" way than other luxury brands. Lincoln took the unprecedented step of building a …
Turkish luxury leather goods maker Desa, which supplies brands including Prada and Mulberry, is seeking a strategic partner to help take its own label global, its chief executive said in an interview. The Istanbul-based firm, which started 42 years ago …
It's hard to believe Lincoln was once briefly the creme de la creme of the U.S. luxury brands. Since Lincoln sales peaked in 1990 at just over 230,000 units, it's been a long downward tumble for Ford's (NYSE: F ) luxury brand — sales barely topped 81 …