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78Report: Hyundai sued by Louis Vuitton over high-end basketball [w/video]

Hyundai 'luxury' ad – Click above to watch the video after the jump

53REPORT: "Lesser luxury" is the new black

Up until very recently, the reason that you bought a BMW 3 Series or a Mercedes-Benz C-Class was to prepare you to buy a 5 or an E in a few years. You know, ladders to climb, blowing up to do, de-luxe apartments in the sky to own. These days, according to a new study, that is less and less the case: fewer premium buyers are moving up and more buyers are actually moving down.

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