Prestige cars: the canary in the coal mine
Article Abstract:
Australia's Federal Chamber of Automotive Industries is forecasting a record number of 1998 car sales that could reach 750,000. The industry sold 722,427 in 1997. The luxury car market has increased 22.3% during the first six months of 1998. The 4WD rate has soared 51.3% during the same period. Disposable income is an unwavering factor as shown by the two-year waiting list for the Benz SLK roadster coupe.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
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Coming soon to a showroom near you
Article Abstract:
Automobile dealers must decide which cars they will order well before the cars are released into the market, and it is helpful for them to plan in advance. Major new releases into the Australian market are chronicled in each month from October 1998 to May 1999. Products include a new BMW coupe and roadster in November 1998 and Toyota's Lexus IS200 in April 1999.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1998
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High times for luxury buyers
Article Abstract:
The Australian luxury automobile and motor vehicle market is hot. Sales are on the upswing as prices decline, and industry analysts forecast sales exceeding 700,000 for 1997. Auto dealers love to peddle luxury automobiles and sport utility vehicles due to their high profit margins, which gives them ample room for discounting to attract buyers.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 1997
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