Jardine To Buy 20% Stake In China Luxury Auto Dealership

2014 Kia Cadenza — a new entrant in the near-luxury field

Zhongshengs shares rose 8.9 percent, the most since December 2011, to close at HK$12.54 in Hong Kong . Jardines shares fell 1.5 percent to $34.10 in Singapore. Strategic Investment Zhongsheng is one of China s premier motor dealership groups representing many internationally renowned marques, Adam Keswick, Jardine Strategics director, said in a statement. This long-term strategic investment provides us with a greater exposure to the Mainland market in a sector we understand well and in which we believe that Zhongsheng has the potential for substantial growth. Jardine sells Mercedes-Benz and Citroen vehicles in Singapore and Malaysia through its Singapore-listed unit, Jardine Cycle & Carriage Ltd., which in turn owns the majority share in Jakarta-based PT Astra International, a distributor of Toyota cars and Honda Motor Co. motorcycles.
Full Article: http://www.bloomberg.com/news/2014-01-20/china-auto-dealer-to-raise-722-million-from-jardine.html

2014 Maybach 57S By Knight Luxury

Maybach 57S By Knight Luxury

The trunk is also covered in leather with carbon diamond stitching and an embroidered logo. Even the door knobs received screen-printed logos, while the full interior is trimmed in a sleek combination of black and red. Knight installed an Apple entertainment system that includes an Apple TV module and two iPads sith Apple keyboard in the rear of the car. Gallery Maybach 57S By Knight Luxury Press Release The “outing” of Daimler AG – at that time still DaimlerChrysler AG – in the chapter of Maybach has lasted exactly ten years, from 2002 to 2012. The core idea was to bring a vehicle as far as possible above the S-Class on the road, in order to defy so the luxury cars from Rolls-Royce and Bentley.
Full Article: http://www.topspeed.com/cars/maybach/2014-maybach-57s-by-knight-luxury-ar162037.html

(Ill concede the memory bank cars frequently have two different-size drivers.) Just a few inches to the drivers right, the passenger gets no such benefits. Theres a simple forward/backward switch and a seatback recliner. Huh? The passenger is chopped liver? Further: on the center console is a bank of switches for seat temperature.
Full Article: http://blog.sfgate.com/topdown/2014/01/20/2014-kia-cadenza-a-new-entrant-in-the-near-luxury-field/


Porsche Sets U.s. Sales Record, Reflecting Luxury-car Boom

The popularity of Porsches most expensive models is reminiscent of what is happening in markets for a number of luxury products from clothing to private jets. The costliest planes with the most features and greatest range tend to fare better than smaller, lower-cost versions. Porsche said it expects favorable market conditions to continue this year, given its range of new products that includes the Macan compact SUV. Since introducing 22 new models and variants into the U.S.
Full Article: http://blogs.wsj.com/speakeasy/2014/01/06/porsche-sets-u-s-sales-record-reflecting-luxury-car-boom/

Mercedes Edges Out BMW For 2013 U.S. Luxury Car Sales Crown

When you add sales from Smart (9,264) and the Sprinter Vans commercial unit, the figure rises to 343,614 units, up 12.6 percent from the 305,072 units sold in 2012. Despite a brand new model being just around the corner , Mercedes C-Class remained the brands best seller, with 88,251 units sold in 2013. It was followed by the E-Class (69,803) and M-Class (41,326) as the second and third most popular models, respectively. The CLA-Class also proved a big hit, with the stylish four-door coupe racking up a reasonable 12,000 sales in just its first four months on the market. MUST WATCH: Hennessey Chevrolet SS Hits 163 MPH On Texas Toll Road: Video Former sales leader BMW also enjoyed record sales in the U.S.
Full Article: http://www.motorauthority.com/news/1089480_mercedes-edges-out-bmw-for-2013-u-s-luxury-car-sales-crown

Wall Street boom powers luxury car sales into the fast lane in 2013

luxury vehicle sales Brand 470 60% Even accounting for some downmarket movement by a few brands, the boom in luxury models stand out. The two fastest-growing American vehicle brands in 2013 were Cadillac and Ram . Audi , BMW and Mercedes-Benz all set new records for U.S. sales in 2013, and smaller, more exclusive makes such as Jaguar , Land Rover and Porsche lapped the market’s overall pace. Even Rolls-Royce, that traditional arbiter of the elite whose cars start at $260,000, reported a 60 percent increase from 2012 tallies.
Full Article: http://autos.yahoo.com/blogs/motoramic/wall-street-boom-powers-luxury-car-sales-fast-215310369.html