Luxury Consumption

RECENT NEWS
Forbes  Sep 30  Comment 
Luxury vehicle sales are expected to slow after a record-breaking 2015, say analysts ahead of Monday’s September sales reports.
Reuters  Sep 30  Comment 
German luxury auto maker BMW AG said on Friday it will offer all electric versions of its next generation BMW X3 compact sport utility vehicle and electric Mini models, expanding its entries in the emerging electric luxury vehicle market.
Automotive World  Sep 30  Comment 
The 2016 Mercedes-Benz C-Class is the latest winner of the Insurance Institute for Highway Safety’s TOP SAFETY PICK+ award. The midsize luxury car earns good ratings in all five of the Institute’s crashworthiness evaluations — small overlap...
Automotive World  Sep 30  Comment 
Across continents, a growing set of new customers are discovering unexpected and attainable luxury experiences from Buick. Soon, those customers will be introduced to a new Avenir sub-brand designed to grow with the needs of future luxury buyers....
TechCrunch  Sep 29  Comment 
 High-end vehicle, chauffeur included? You can see why it makes sense that Volvo would target the luxury end of the market with its upcoming self-driving car. Volvo announced plans to field a vehicle by 2021, thanks in part to a $300 million deal...
Reuters  Sep 29  Comment 
Ferrari's 1.86 million euro ($2 million) LaFerrari Aperta sports car had sold out before its official debut at the Paris auto show on Thursday - in a sign the super rich still clamour for any special edition of the luxury brand.
New York Times  Sep 29  Comment 
The Genesis has been Hyundai’s upmarket sedan. Now the name has become the automaker’s luxury brand, spiffing up that car and adding the flagship G90.
Reuters  Sep 29  Comment 
French luxury and sports group Kering is to announce this week the appointment of former Hugo Boss Chief Executive Claus-Dietrich Lahrs as the new head of its Italian leather goods maker Bottega Veneta, a source close to the matter said.
Clusterstock  Sep 29  Comment 
Borro, an online pawnbroker for wealthy people looking for extra cash flow, lent out £51 million in 2015, using fine art, luxury cards, and fine wines as collateral. Borro made a loss of £2.7 million in 2015, according to a release from the...




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