Category: Luxury Cars

Luxury car stolen, owner assaulted, in early morning Queensland break-and-enter

A Maserati was stolen and destroyed in the early hours of Tuesday morning in Queensland in a terrifying break-and-enter. The owners called police about 6am to report someone breaking in to their home

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Ferrari Raises Outlook on Robust Luxury-Car Demand

Ferrari NV raised its outlook on strong demand for high-margin models like its new €390,000 ($428,000) Purosangue crossover. The Italian luxury-car maker now expects adjusted earnings before interest, taxes, depreciation and amortization of

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A battle may be shaping up between the two richest men in the world over who controls the luxury electric car market

Bernard Arnault, the world’s richest man, may be taking on Elon Musk, the second richest, to see who will lead the premium electric vehicle market—at least when it comes to exclusivity and brand

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Budget 2023: BMW, Lexus, Mercedes among luxury car makers to feel customs’ pinch

The Union Budget 2023 was presented by Finance Minister Nirmala Sitharaman on Wednesday and among some big-ticket announcements for the Indian automotive industry was the decision to hike customs duty on fully imported

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The 2023 Genesis GV80: This midsize luxury SUV impresses with a sumptuous interior and the best warranty in its class

The Genesis GV80 is KBB’s highest-rated midsize luxury SUV of 2023 and a Kelley Blue Book Best Buy Award winner. Pricing starts at $55,550. The Genesis brand is still a relative newcomer to

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Luxury EV maker Lotus to go public under the ticker LOT

The iconic Lotus brand is going public on the US Nasdaq exchange under the ticker LOT as the pioneering luxury EV maker looks to become a global competitor. Founded in 1948, Lotus is

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Growth (in luxury car sales) will be much better this year… youngsters joining market: Naveen Soni

India’s wealthy, unlike its poor, were not affected financially by Covid-19, and that has led to hope among luxury carmakers that this segment will be able to continue its upward momentum in 2023

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Biden touts electric vehicle tax credits with picture of him in luxury Hummer that doesn’t even qualify

President Biden took to Twitter on Monday to promote his electric vehicle tax credit. However, while doing so, he attached a picture of himself in one that doesn’t even qualify for it.  “On my

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Luxury car sales may scale a record high this year, Marketing & Advertising News, ET BrandEquity

Exemption from road tax in several states coupled with a low GST rate is helping e-luxury cars gain traction despite its steep prices. After a robust year of sales in 2022, luxury car

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Skip 2 Cadillac Models if You Want a Reliable Luxury Car

Cadillac has a long-standing reputation for producing luxury cars unequaled by any American-based automaker. Given the price point, it seems logical that Cadillac would also make reliable luxury cars. However, while there are

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