/

Browse luxury market articles

Cadillac Aims At Smaller China Cities to Increase Luxury Market Share


As competition intensifies in China, GM plans to triple sales of its luxury Cadillac unit by 2015. To attract wealthy customers in smaller Chinese cities, GM will introduce in the region Cadillac’s global portfolio and add a locally manufactured model each year until 2016, according to Bob Socia, GM’s China head. GM also aims at increasing the number of its dealerships ...
Read more

related more
spacer

Multimedia zone

2012-Mini-roadster-030.jpg





spacer

More luxury market articles

Bentley’s global deliveries rose 22 percent in 2012
Bentley Motors today announced global growth of 22 percent in 2012 as deliveries to customers increased to 8,510 cars (7,003 cars in 2011). The figure maintains Bentley’s position as the leading ...
Mercedes Values Half of BMW
Mercedes’ goal to become world’s biggest luxury-car maker fades away as Daimler investors value the company at half what BMW is worth. BMW saw its market capitalization increase to 45 billion ...
Luxury Cars Account for a Quarter of the Worldwide Luxury Goods Market
The worldwide luxury goods market, with a total value of 960 billion euro, is dominated by the following branches in this order: hotels-traveling, cars and watches-jewelry. If luxury services in the ...
[PHOTO GALLERY] 2013 Acura ILX Sedan revealed at Chicago
Acura has recently revealed the 2013 ILX Sedan during the Chicago Auto Show, which is coming with some interesting new features along with a hybrid powertrain. According to the car manufacturer, ...
Q3 imports in China exceeded 700,000 vehicles
According to Sinotrust, a China Automobile Trading and market solution company, during the third quarter of 2011 China imported approximately 712,000 vehicle, with 26.6% more than last year. Also, 612,000 ...
Lexus forecasts 12% growth on US auto luxury market in 2012
Lexus, the luxury brand of Toyota Motor Corp., announced that the U.S. division isn’t aiming to be the best selling luxury brand, preferring to concentrate “first in quality, value, customer ...
Audi wants to double China’s production
Volkswagen’s owned premium automaker Audi Ag prepares to build a second factory in addition to the one in Changchun. By this, the automaker is preparing to double its production in ...
New Mercedes CLC to hit 2012 New York Auto Show
One of the most expected new models from Mercedes-Benz, the CLC sedan, will be officially unveiled during the next year’s New York Auto Show and, even if it hadn’t been ...
Hyundai Genesis to get AWD in 2014
The new generation of the Hyundai Genesis will benefit from the all-wheel drive technology and will hit the market in 2014. “We do have a plan to fix that (the lack ...

latest automotive news
Medical Marijuana Users Can Drive Under the Drug’s Influence
This week, the Michigan Supreme Court ruled that users of medical marijuana are allowed to drive after using the drug. In ...
Pole master Rosberg ‘bloody good’ – Hill
May 25 (GMM/Inautonews.com) 1996 world champion Damon Hill thinks Nico Rosberg is finally emerging from Michael Schumacher's shadow -- ...
Automakers Expect “Bloody” Sales This Summer in the US
Foreign automakers say that US sales in the summer will be ‘bloody’ as car makers will fight for sales offering ...
Fiat 500L Hits the US Market in June
Chrysler announced that the Fiat 500L will go on sale in June for the starting price of $19,900. The Fiat 500 ...
Hakkinen defends F1 tyre ‘show business’
May 25 (GMM/Inautonews.com) Two former champions have hit back at claims the tyre situation in 2013 is ruining formula ...
Raikkonen to hide Hunt tribute with tape
May 25 (GMM/Inautonews.com) Kimi Raikkonen will hide with tape his helmet tribute to hero James Hunt for the rest ...
Mercedes still favourite in Monaco
May 25 (GMM/Inautonews.com) As the crucial qualifying session looms in Monaco, Mercedes remains the favourite in the Principality. Nico Rosberg ...
Williams’ Mercedes switch to be announced
May 25 (GMM/Inautonews.com) Williams' move from Renault to Mercedes power for 2014 is set to be announced. Earlier, we reported ...
Jaguar Takes First Place in 2013 JD Power Survey
For the second consecutive year, Jaguar managed to take the first place in the What Car? 2013 UK Vehicle Ownership ...
Ford Takes Advantage of UEFA League to Launch Advertising Campaign
Ford will launch this weekend a major new European advertising campaign related to the 2013 UEFA Champions League. Ford of Europe ...
New York Court Allows Taxi Companies to Buy Vehicles From Other Automakers Not Only Nissan
With only five months until Nissan will roll out its yellow taxis in New York City, the state’s supreme court ...
Ally Financial Pays ResCap $2.1B to Avoid Lawsuits
Ally Financial will pay $2.1 billion to the ResCap bankruptcy estate to avoid lawsuits. "Putting these issues behind us is in ...
Nissan to Introduce First Datsun Model in India by March 2014
Nissan will introduce its first Datsun model in India in the first quarter of 2014, as the automaker offers cheaper ...
Daimler and Ford Strengthen Ties With Three-Cylinder Engine Project
Daimler has strengthened its partnership with Ford after it consulted the automaker regarding the development of the three-cylinder turbocharged gasoline ...
Chrysler Works on Improving Software to Rectify Launch Delays
Chrysler said that it is improving the quality of its vehicles’ software, which cause the recent delays in production, because ...
Red Bull to rebrand Renault engines ‘Infiniti’
May 24 (GMM/Inautonews.com) Red Bull will reportedly rebrand its Renault engines as 'Infiniti' for the start of the turbo ...
Chattanooga Plant, Tennessee, Built 250,000th VW Passat Sedan
VW’s plant in Chattanooga, Tennessee, managed to build the 250,000th Passat sedan, after more than two years since production started. The ...
Ford Retires the Falcon From Australia in 2016
Ford will eliminate 1,200 jobs in Australia when it will end manufacturing here in 2016, but also to retire the ...