Luxury Automobile

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Luxury Automobile

An automobile with extra features for comfort and/or status of the driver. Luxury automobiles are more expensive than comparable automobiles. Because they tend to attract buyers who have money regardless of economic circumstances, the luxury automobile industry tends to hold up well during recessions. Two notable exceptions, however, have been the Great Depression and the late 2000s recession.
References in periodicals archive ?
Senate President Aquilino Pimentel III has advised the Bureau of Customs (BOC) to consider selling smuggled luxury cars instead of destroying them.
Senate President Aquilino "Koko" Pimentel III on Thursday asked the Bureau of Customs (BOC) to consider courses of action other than destroying smuggled luxury cars.
Senate President Aquilino 'Koko' Pimentel III proposed on Thursday that smuggled luxury cars be sold at public auction open to serious car collectors instead of merely destroying the expensive vehicles.
President Rodrigo Duterte has put his foot down on the smuggling of luxury cars and vowed to destroy them tomorrow.
For luxury cars enthusiasts, JS Bank offers a one-window solution to customers for purchasing a brand new BMW X1 at the lowest monthly installments with exclusive insurance coverage at unmatched rates, priority delivery and a complimentary service package that enhances the customer's driving experience.
So far, 31 out of the ordered 148 audits dealing with the revenues of owners of luxury cars have been completed, the National Revenue Agency (NAP) informs.
Haryana Chief Minister Manohar Lal Khattar, who in July this year hogged the limelight by travelling in a state transport bus, seems to have thrown austerity measures up in the air by buying luxury cars for his Cabinet colleagues.
South Korean carmaker Hyundai Motor Co confirmed Wednesday it has launched a new global luxury car brand called Genesis to boost earnings and gain more success in the fast-growing global market for luxury cars.
A video posted on the YouTube channel of Dubai Police shows off its fleet of luxury cars driving around luxurious locales of the emirate.
ySTANBUL (CyHAN)- The government has been accused of trying to hush up an investigation into the smuggling of luxury cars from Western countries because certain businessmen with ties to the government were allegedly involved in the endeavor, including famous singer Sibel Can, the Taraf daily reported on Wednesday.
Although being able to offer competitively priced, affordable models will be key to the success of automobile firms in Africa, the continent has become a promising market for luxury cars.
IMPACT OF PPNBM INCREASE--PRICE OF LUXURY CARS UP 30%