So much for scaling back. The world’s rich and elite — or those who just want to appear so — have been cracking open their wallets in a big way lately, and luxury automakers are the beneficiaries.
Audi
Luxury Wheels, Honda Price: New Breed of Upscale Cars Selling for About $30,000
Luxury automakers like Mercedes, BMW and Cadillac would hate for their cars to be described as merely “average.” Yet new models from these and other upscale auto manufacturers are average in a way that’s undeniably appealing to consumers: they all have starting prices at around $30,000.
Tempting the Young: New Efforts to Get Younger Consumers Hooked on Guns, Luxe Cars, Soda and More
Youths are also sought after as customers because consumption habits are often ingrained at a young age—and because they will be money-spending consumers for many, many years to come.
Oh, the Cruel Irony: Smaller, Cheaper Cars Are More Expensive to Insure
Studies have shown that poor people tend to pay more for auto insurance. Guess who else pays a premium? People who own small, inexpensive cars—a group that also tends to be poor.
Best Cars for the Least Money Are Made by … Kia?
In a study evaluating the total costs of owning a car—including initial price, as well as likely fuel expenditures and expected maintenance and depreciation—Kia has been crowned as the overall lowest-projected-cost champ.
The Business of Super Bowl XLVI, By the Numbers
The Super Bowl is a big game for NFL fans and players, and it’s arguably an even bigger day for business interests surrounding the event. Here’s a look at some of the stats that have nothing whatsoever to do with what happens on …
A Free $35K Car! (If You Buy a $2 Million Apartment)
To entice buyers, an apartment building in Brooklyn Heights is throwing in a free parking space, along with something to park there: a 2009 Audi A4. All you have to do is buy an apartment that costs over $2 million.