Luxury Car Sales Soar in US and China

[ChinaBandit]

Mercedes-Benz:

13% increase in the US = 245,231 cars sold
31% increase in China = 193,339 cars sold

By far their best markets,
http://www.bbc.co.uk/news/business-16431531

Rolls Royce:

"The US and Chinese markets are the most important ones for company."
http://www.bbc.co.uk/news/business-16440548

Why are sales so high? Private enterprise and CAPITALISM creates a lot of rich people! It's NOT because China has discoverd a whole new meaning of giving to the proletarians...

 

[shoulderblade]

Why are sales so high? Private enterprise and CAPITALISM creates a lot of rich people! It's NOT because China has discoverd a whole new meaning of giving to the proletarians...

Possibly people are buying them as an investment. I have a son-in-law who works on high end vehicles and he says that is the way the owners treat them.

I will e-mail him and ask his opinion.

 

[JAMESBJOHNSON]

Mercedes is too middle class.

When you buy something to make a point, you scream MIDDLE CLASS to the world.

Every really rich man I've known drove a simple pickup, wore work clothes from JC PENNY, and strange shoes...like flipflops and rubber wading boots or $7 canvas prison slippers from WALMART.

If you got a wad of cash in your pocket the size of a fat jelly roll, you got nuthin to prove.