The price of the average new car in America sat 6.1% higher at the end of September than it did one year before, partially due to inflation. But another factor is driving Read more
Tag: Luxury
Lucid posts wider quarterly loss, says it is ‘on track’ with luxury EV production
This update corrects Lucid’s Q3 2022 and Q3 2021 losses. Lucid Group Inc. stock fell about 9% in the after-hours session Tuesday after the electric-car maker reported a wider quarterly Read more
Check out GMC’s new electric Sierra truck: up to 400 miles of range, luxury cabin
For the 2024 model year, GMC will sell an all-electric Sierra full-size truck with up to 9,500 pounds of towing power, 1,300 pounds of payload capacity, and 400 miles of Read more
This Orlando resort is the most expensive U.S. luxury hotel
Have an extra $1,733.10 to spend? That’s how much it will cost you to stay a night on average at the hotel recently named the most expensive luxury property in Read more
Luxury winemaker Duckhorn is raising prices, but thinks its customers can handle it
Luxury winemaker Duckhorn Portfolio on Wednesday said it expected muted profit growth in the year ahead, even as it raises prices, but it said it expected its premium-leaning customers to Read more
Hermes profits surge as U.S. sales grow, China rebounds
Hermes International SCA RMS, +7.01% on Friday maintained its medium-term growth goal as first-half earnings soared on record profitability and despite headwinds from lockdowns in China. The luxury-fashion company, known Read more
Casino Magnate Steve Wynn Goes 2 for 3 in Luxury Mansion Sales
Billionaire casino developer Steve Wynn had three of his posh mansions on the market at the same time. And so far he’s sold two of them: a palatial golf course Read more
New registration data shows how Tesla is doing among luxury cars and EVs; here’s what’s catching up
Tesla faces new competition every day, but its lead in the U.S. luxury field just keeps growing. According to Experian EXPGY, Americans registered 179,574 new Tesla TSLA vehicles in the Read more
Tips on Marketing a Luxury Home
When thinking of luxury real estate you can expect to pay more than five hundred thousand dollars for a home. With the economic recession behind us, the market for luxury Read more
Predicted SUV Reliability Ratings 2011 – CR’s Top 5 and Worst 10 Small, Midsize, Luxury, Large SUVs
Consumer Reports recently released its predictions of short-term reliability for sport-utility vehicles. The predictions are based on the infrequency of serious problems within the most-recent 3 or fewer model years, Read more