Almost 400,000 new luxury vehicles were sold during the first quarter of 2013. This is the highest sales volume of luxury vehicles since 2007, Kelley Blue Book announced Thursday. In its New-Car Market Report, KBB.com says the average price luxury buyers paid for their new vehicle also increased.
Alec Gutierrez, senior market analyst, automotive insights for Kelley Blue Book, says, “The luxury crossover segment improved 26.4 percent in the first quarter, thanks to new models such as ...
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Luxury Car Market Hits Six-Year High
Almost 400,000 new luxury vehicles were sold during the first quarter of 2013. This is the highest sales volume of luxury vehicles since 2007, Kelley Blue Book announced Thursday. In its New-Car Market Report, KBB.com says the average price luxury buyers paid for their new vehicle also increased.
Alec Gutierrez, senior market analyst, automotive insights for Kelley Blue Book, says, “The luxury crossover segment improved 26.4 percent in the first quarter, thanks to new models such as ...
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Mercedes-Benz Previews New, Safer Seatbelts
Mercedes-Benz is developing a new type of active seatbelt buckle, which the automaker says will connect with its Pre-Safe crash avoidance system and will protect users better in the event of a crash. Mercedes hasn’t announced which models will receive it, since the feature is still in development, reports Kelley Blue Book.
This new rear-seat belt buckle has an electric motor that will extend the buckle 2.8 inches when the rear doors are opened, in order to make ...
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Increasing Number of Car Shoppers Buying American
More car shoppers are buying or are more strongly considering buying American brand cars, according to the 2012 J.D. Power and Associates Avoider Study. This study “examines the reasons consumers fail to consider—or avoid—particular models when shopping for a new vehicle,” according to J.D. Power.
The study finds that “the percentage of buyers who avoided import models because of their origin has increased to 14 percent in 2012—the highest level since the inception of the ...
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