Luxury brands such as Mercedes and BMW are in an “epic, titanic war” to get more buyers into the segment and are using leasing to offer lower payments, added George Iny, president of the consumer group Automobile Protection Association (APA). Leasing …
Daimler AG's luxury brand Mercedes-Benz is the third largest premium-maker in China, behind Audi and BMW, selling 218,045 units in the country last year. Daimler, in partnership with local automakers in China, will now aim to tap into the growth …
… a new 'white paper' from The Chalhoub Group. To help brands better understand luxury Gulf Cooperation Council (GCC) consumers, Chalhoub Group conducted consumer research to identify key luxury consumption trends and profiles among this group.
Speaking at the on-going arab luxury world conference, taking place until June 3 at The Westin Dubai Mina Seyahi, Nadine Touma Gammage, head of market and consumer intelligence division at Chalhoub Group, reveals three main trends that are …
If consumers base decisions strictly on economics and ROI, the assessment clearly positions Avalon as perhaps the best overall buy in today's luxury car market. Under the hood, Avalon's 3.5-liter V6 produces 268 horsepower and 248 lb. torque, resulting …
The good news for businesses that depend on vacation travelers is that, after a long, cold winter, consumers seem willing to dig deeper to pay for premium getaways even with air fares and hotel prices on the rise, according to AAA Travel. Local travel …
But sales data obtained by NADA Guide from nonluxury and luxury manufacturers show that 75 percent of certified transactions have premiums ranging from $500 to $2,000, the report says. “This disparity implies that CPO's value proposition actually …
In all, eight models earn the highest rating of superior, 13 earn advanced, and three earn a basic rating. In addition to familiar luxury brands, consumers will find mainstream nameplates among the newest rated vehicles, including Buick, Chevrolet …
In addition to familiar luxury brands, consumers will find mainstream nameplates among the newest rated vehicles, including Buick, Chevrolet, Dodge and Toyota. The Institute rates vehicles as basic, advanced or superior for front crash prevention …