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The rich are affected: Luxury car sales declining
Luxury car sales are off by at least one-third compared to last year's numbers, and the end is probably not in sight. In past recessions, the wealthy have been insulated by their money, but not this time. Real estate and banking are responsible for a large amount of the financial pickle we're in, and as those sectors get walloped by reality, the luxury cars typically purchased by agents, brokers, and bankers are languishing. Those that haven't lost their shirts are also either holding on to what they've got for now, or buying something less ... Read more →
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The rich are affected: Luxury car sales declining 10 months ago on Autoblog
Luxury car sales are off by at least one-third compared to last year's numbers, and the end is probably not in sight. In past recessions, the wealthy have been insulated by their money, but not this time. Real estate and banking are responsible for a large amount of the financial pickle we're in, ...
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BREAKING: Swedish Patient Succumbs - Deal for Saab is dead on the table, GM to wind down brand
Confirmed: 2011 Ford Mustang GT to offer 412-horsepower 5.0-liter V8
Officially Official: VW and Suzuki tie the knot
BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed]
BREAKING: Mitsubishi Colt is coming to America
- BREAKING: Swedish Patient Succumbs - Deal for Saab is dead on the table, GM to wind down brand
- Confirmed: 2011 Ford Mustang GT to offer 412-horsepower 5.0-liter V8
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Autoblog Podcast #157: Mike Levine trucks along with us.
Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!
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