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Will Luxury Car Sales Continue to Increase?
Contradictory to what most people predicted, experts in the automotive industry expect luxury car sales to continue to grow in the following year.
Ludwig Willisch, head of North American BMW, the launch of three new 3-series models (which would be the sixth generation) as well as new line ups from competitors should give a big boost to car sales next year, as the economy recovers. He quotes: “New products from all the competitors…will drive the market.”
The new redesigned 3-series comes with a new function that will turn off the engine itself to save fuel when you stop, will be lighter and bigger and features an eight speed automatic transmission.
The one downfall that we can find to these new models is that there are not and probably will not be any car rebates available. The models will be priced around $35.000 and $45.000. Currently, the only luxury car showing a cash back rebate of $500 is the 2012 Lincoln MKS.