Think captains of industry are all driving top-of-the-line luxury sedans like the Mercedes S-Class or Jaguar XJ8? Think again. Business Week theorizes that most CEOs just want a simple set of wheels that will reliably get them to and from the corner office and to their next appointment with a minimum of fuss.

According to a pole conducted jointly by Cars.com and CareerBuilder.com, the average CEO spends less than $25,000 on a car, while only 19% of those poled drive luxury cars. The largest portion is driving run-of-the-mill passenger cars (29%), followed closely by SUVs (24%). Some, like the heads of construction companies, prefer the utility of a pick-up truck (13%) or vans (9%), while a small percentage opt for sports cars (6%). (The size of the companies whose CEOs were surveyed was not specified.)

Related post:

[Source: Business Week via StraightLine]


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • Share This Photo X