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