Luxury Cars - US - October 2015
"With an economy that is returning to stability and slowly growing again after a prolonged recession, the automotive market, from new cars to used cars to CPO (certified pre-owned) cars, is booming. That includes the luxury car market, as consumers are regaining the confidence to spend, and some of that money is being spent on high-end goods."
- Tim Healey, Automotive Analyst
This report covers the following areas:
- Brand identity is key
- Growing loan balances could crimp consumers
- Comfort is weighing high on consumer minds
- Consumers have money to spend
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