September 27, 2012
Today in luxury marketing:
Europe's luxury carmakers appear to have upper hand
Fears over Europe's luxury-car stocks were heightened last week when Daimler AG issued a profit warning for its core Mercedes-Benz division because of a slowdown in China. But luxury-car makers still have plenty of zip in their engines, even as the continent's mass-market producers like Peugeot SA and Renault SA are dealing with overcapacity, reports The Wall Street Journal.