Saturday, October 23, 2010

Luxurious auto revenue climb higher throughout down economy

Luxury automobile sales are steadily increasing . The past year has seen increasing automobile revenue across all categories. Unfortunately, Volvo was the exception to the rule . Sales for Volvo have been struggling for some time for the imperiled auto manufacturer . Mercedes Benz has gained the edge overall, finally overtaking Lexus in sales for the first time in months . Cadillac and Lincoln also increased sales. Article source – Luxury car sales climb higher during down economy by Car Deal Expert.

More high end cars getting sold

Some feel lucky enough to be able to get a new auto after years of there being a bad outlook . Several luxury brands have posted enormous gains . USA Today reports that a 43.8 percent gain in the first nine months of 2010 was reported by Cadillac . Gains were reported by other businesses too. These were high end brands as well. Since September 2009, 25 percent more automobiles were sold by Infiniti, Acura, Audi and Porsche also . There was a 10 percent boost since that same time from Bavarian Motor Works and Lexus along with a brand that nobody seems to remember getting a 6 percent increase called Lincoln . Ford Motor Co. is turning attention to Lincoln in the new year . Only Volvo did not post an increase in revenue for luxurious vehicles .

More Mercedes distributed than Lexus

Sales have increased for luxury vehicles greatly over the past year, but September, 2009, saw a significant drop in auto revenue overall . Automotive News accounts that Cadillac has an 11 percent boost since September 2009 although in 2010 it has reported a 43.8 percent increase . Since January of 2010, Mercedes has marketed a lot of luxurious vehicles with a 22 percent increase . Overall, Mercedes beat out Lexus in automobiles marketed. This was after Mercedes lead the path all year long until September.

Lost rewards

Luxury brand incentives are hard to find. They just don’t seem to exist anymore. More people buying high end automobiles and getting auto loans is a good sign. It means that the economy may be returning.

Details from

USA Today

content.usatoday.com/communities/driveon/post/2010/10/cadillac-other-luxury-makers-see-sales-soar/1

http://www.autonews.com/apps/pbcs.dll/article?AID=/20101004/RETAIL/101009961/1401



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