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Dec. 5, 2024
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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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  1. Shanghai premiere of Ralph Lauren documentary features 1,000-drone spectacle
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  3. Rolls-Royce reimagines monogram in digital content
  4. Luxury Unfiltered: Why feelings trump features in the new era of brand excellence
  5. Baccarat turns attention towards elements with ‘Inner Fire’
  6. Bugatti opens showrooms in Munich, Vienna
  7. The Macallan pushes anniversary collection at JFK, SFO airports
  8. LVMH launches employee-led accessibility initiative
  9. Mass-market, premium beauty brands outpacing luxury: Launchmetrics
  10. Porsche merges golf, motors at exclusive Dubai event
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