Luxury cars flunk new tougher crash test
Best Year Its been our best year in a long time, said Martin Gerona, a sales executive at a BMW dealership in Avenida del Libertador in Buenos Aires. People come in with their minds set on buying. They dont think about it too much. They just come and leave with a new car because its become a very good deal with the gap in the exchange rates. BMW dealers sold 390 cars in October and 3,699 this year through October.
Full Article: http://www.bloomberg.com/news/2013-11-13/porsche-911s-at-39-off-spurs-argentina-crackdown-on-peso.html
Related: Cool collectible cars The smaller impact area makes it harder for the car’s steel structures to spread impact forces around the driver. The spinning motion after the impact also makes it harder for the car’s airbags to protect occupants from hitting parts of the car’s interior. In current front impact tests, which will still be used along with the new test, 40% of the car’s front bumper strikes the barrier. Financed by auto insurers the IIHS performs a regimen of crash tests that’s different from tests performed by government safety regulators. In the most recent round of IIHS results only Honda’s ( HMC ) Acura TL and Volvo S60 earned the Institute’s top rating of “good.” Nissan’s ( NSANY ) Infiniti G earned a rating of ” Acceptable.” The Acura TSX, BMW 3-series Ford’s ( F , Fortune 500 )s Lincoln MKZ and Volkswagen ( VLKAF ) CC earned a rating of “marginal,” the second worst of four possible ratings.
Full Article: http://money.cnn.com/2012/08/14/autos/luxury-cars-crash-test/index.html
Luxury car makers sense high growth in India
Quite significantly, of the all luxury segments in the country, the luxury car segment has managed to acquire the major share. The last five year have been phenomenal for the luxury car market as internationally acclaimed brands have set foot on the Indian soil. These top brands have been putting in their best efforts to lure the young generating with superb dynamics and comfort levels. In fact, seeing the growth factor, it would not be wrong to say that spending on luxury vehicles is growing more than jewellery and electronics. Notably, the Indian luxury car market is growing at a brisk pace and see a compounded annual growth of 25 per cent.
Full Article: http://www.cartrade.com/car-bike-news/luxury-car-makers-sense-high-growth-in-india-122275.html