Part of Tesla's success is due to the acceptance of plug-in electric vehicles, or PEVs, among U.S. consumers and an overall bounce back in automotive sales. We first saw evidence that the U.S. luxury auto market was coming back in 2011, with spikes in …
Boston, MA — (SBWIRE) — 08/05/2013 — In 2012, luxury electronic gadgets grew by 12%, registering current value sales of S$5.3 million. Luxury mobile phones drove sales as consumers benefited from greater disposable incomes allowing them to purchase …
… of engineering, but it couldn't overcome VW's brand. The Phaeton didn't sell because consumers didn't even consider VW when buying a luxury car. Marketing is about perception, NOT products, and VW wasn't perceived by consumers as a luxury brand.
Instagram is becoming a core platform for brands to engage with consumers since it registers consumer engagement 18 times that of Facebook and 48 times that of Twitter, according to the latest report from L2 Think Tank. The “Intelligence Report: Social …
Part of Tesla's success is due to the acceptance of plug-in electric vehicles, or PEVs, among U.S. consumers and an overall bounce back in automotive sales. We first saw evidence that the U.S. luxury auto market was coming back in 2011, with spikes in …
Brian Buchwald, CEO of Bomoda, a website providing information for Chinese luxury goods consumers, said tapping into the wants and desires of Chinese shoppers was now the “overriding opportunity for western companies”. “The rising role of the Chinese …
Now that conspicuous consumption is the official policy, the wealthy and mid-range consumers are snapping up luxury brands. China is expected to account for about 20 percent of global luxury sales in 2015, according to McKinsey Global Institute research.
Part of Tesla's success is due to the acceptance of plug-in electric vehicles, or PEVs, among U.S. consumers and an overall bounce back in automotive sales. We first saw evidence that the U.S. luxury auto market was coming back in 2011, with spikes in …
Today, more than 40 conventional hybrid models are available, from mass-market automakers like Toyota and Ford to luxury brands like BMW and Mercedes. Hybrids account for about 3 percent of overall industry sales, with the … For many consumers, price …