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Automotive

Sale prices of new luxury cars decline 3.3pc y-o-y in August: KBB

September 14, 2023

Price decreases in the luxury segment are said to be buoyed by U.S. automaker Tesla’s various “aggressive” cuts across its lineup. Image credit: Cox Automotive Price decreases in the luxury segment are said to be buoyed by U.S. automaker Tesla’s various “aggressive” cuts across its lineup. Image credit: Cox Automotive

 

By Luxury Daily News Service

Vehicle valuation company Kelley Blue Book (KBB) reports that the steepest negative change in luxury automobile costs of the past decade took place last month.

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