First, it emerged that Foreign Minister Wang Yi (and soon other top Chinese officials) was eschewing a foreign-made luxury car for a domestically produced Red Flag sedan, which used to be the ride of choice for Communist bigwigs. Then China's leader Xi …

… Hungary, required a different design to accommodate the wider range of luxury vehicles made there by Audi, he said. Unlike the Chattanooga plant, which makes only four-door Passat sedans, the Hungary facility is also able to produce two-door cars …

Over the past few weeks, Mercedes-Benz and BMW have been in the limelight for introducing Indian consumers to luxurious, high-end hatchbacks. While Mercedes has the first-mover advantage with the A-class, BMW is expected to launch its 1-series …

Although no estimate on the net worth of the party is available, members do have a reputation for forking out cash on lavish wining and dining as well as big-ticket items like Swiss watches and luxury cars. Why, then, has it taken so long for FAW Group …

While many believe that the younger generation's 82 million members are simply "anti-driving," the reality is that to them, cars are less of a necessity and more of a luxury. The article cites the Great Recession as a culprit – more young people are …

The indictment says the 35-year-old Zafar spent the money on multiple luxury automobiles. It also says he filed a false tax return in 2007 and failed to file tax returns in 2008 through 2010. Zafar, of Miramar, Fla., is charged with multiple counts of …

“The surge in the luxury auto in the UAE market reflects that that there is wealthy class, particularly those youngsters, who prefer such autos or the so-called super-cars who demonstrated their will to own luxury car models,” said car experts. UAE …

Zetsche recently confirmed with UK's Autocar that “Mercedes-Benz has conceived and developed the new S-class to support six different models, along with three different wheelbases in a move aimed at broadening its reach at the top end of the luxury car …

Of the total, the share of the luxury segment will be 4 per cent by 2020, as compared to 1.2 per cent last year, he added. "So the potential is huge in India and we are preparing ourself for the future although 2013 will not be a good year for the auto …