Luxury car purchase pattern- a shift ?

According to secondary reports coming out of Detroit, the luxury car buyer in US is showing a shift in his purchase patter:

• most of the luxury car owners who repaced their cars opted for a cheaper model - Buick, Hyundai, for example. While they are willing to down-grade their purchase, the still demand a good finish and reliability, safety.
  
• Apart from buying a cheaper car, another trend is to 'trimming size'. They are opting for smaller cars

Frugality is definitely in. Let us hope it remains for a longer duration, even after the market picks up.
Better awareness on global warming and push by NGO's and government agencies should help too.

A challenge for luxury car brands...

Toyota's hybrid Prius faces US Probe over brakes

Acc to reports, Toyota is facing a big challenge.
Its key brand, third generation 2010 hybrid Prius has a brake-problem: ' may malfunction unexpectedly' !

We are living in tough times... esp for auto makers.

No.1/market leader, third generation, one of high profile product... and most important, hybrid... when world is moving slowly, but surely in GO GREEN direction !

We should see minimum or nil 'recalls', a six sigma type of quality !!!

Toyota car sales up 5pc in Oct

Toyota Motor Corp's global vehicle sales rose 5 percent in October to about 640,000 units, marking the first year-on-year increase in 15 months, the world's biggest automaker said on Wednesday. Last month, Toyota's sales in its biggest market, the United States, fell 3.5 percent, but grew 15 percent in Japan and 45 percent in China.
Toyota executives had said sales in the United States would likely start picking up around October due to easier comparisons from the year before, when sales began to tank after the collapse of Lehman Brothers.
Toyota's shares were littled changed on the news, down 1.1 percent at 3,530 yen in late afternoon trade, in line with Tokyo's Topix index. - Reuters

PS: we will get to see quite a few such improvements, as the numbers had hit the lower levels in the last quarter of 2008 onwards...

Brandindex

According to a recent report, BRANDINDEX for UAE, which measures health of brand equity, automobile brands rank as follows:

• Toyota is at number five 
• Mercedes and BMW at eighth position and 
• Lexus at 10th slot 
  

Saudi new car sales seen rising 50% by 2013 - Retail - ArabianBusiness.com

Saudi new car sales seen rising 50% by 2013 - Retail - ArabianBusiness.com

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JEEP

JEEP is a vehicle with unique Gear system. It was invented during World War II (1939-1945). It was named 'General Purpose Vehicle (GP)'.GP was changed into JEEP later.

Cars our cricketers drive- News- Zigwheels

Check out what our Cricket heroes drive...

Cars our cricketers drive- News- Zigwheels

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