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REPORT: "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. According to numbers compiled by the Power Information Network, in 2006, nearly 16% of new car buyers moved from a compact to a mid-sized car, but through the first half ... Read more →

More cars than ever require premium fuel Michael Harley

Whether you call it "premium," "super unleaded," or even "high test," it all means the same thing -- the most expensive gasoline at the pump. In a somewhat counterproductive trend, the skyrocketing ...

British customer commissions luxury Prius Noah Joseph

The Toyota Prius has been a popular choice with the trendy set, despite its lackluster interior appointments. One customer across the pond has sought to rectify that by commissioning a jazzed-up ...

Renault planning five new upscale models by 2010 Noah Joseph

Renault is planning to expand into the upscale market with five new models within the next three years, sources have confirmed. Previous ventures upmarket didn't turn out so well for the French ...

Watch out, Lexus: Hyundai considering premium brand Noah Joseph

Hyundai's product line-up has been both steadily improving and moving up-market, first with the launch of the Veracruz luxury SUV and now with the announcement of the upcoming Genesis RWD V8 luxury ...

Bugatti chief resigns 2 years ago on Autoblog

Thomas Bscher wanted to see the Bugatti range expand. He had taken charge of the über-premium brand during the tenure of Dr. Bernd Pischetsrieder, the former head of the Volkswagen Group. But when Pischetsrieder was replaced by Audi chief Dr. Martin Winterkorn, plans changed. Evidently failing ...

Toyota officially launches the Blade 2 years ago on Autoblog

As we reported yesterday, Toyota announced today the availability of a new premium compact hatchback called the Blade. Based on the Auris, the Blade gets a sharper edge of style with a sculpted front end that's more aggressive than the bloated face of the Auris. Unlike what we told you yesterday, ...

New VW chief to create PAG-like group for luxury marques 3 years ago on Autoblog

The latest news in the regime change at Volkswagen is that incoming group chief Prof. Martin Winterkorn is planning some big changes in management structure across the entire corporate spectrum. Although several don't operate in the US market, Volkswagen AG has grown to GM-like proportions in the ...






Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

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