Showing posts with label Demand's up for luxury vehicles. Show all posts
Showing posts with label Demand's up for luxury vehicles. Show all posts

Wednesday, 29 December 2010

Demand's up for luxury vehicles | detnews.com | The Detroit News: "Christmas is a big deal in Germany, but auto workers there are taking shorter winter holidays this year as German carmakers churn out more premium cars for booming export markets. German automakers have trimmed the traditional Christmas holidays, and Daimler AG and BMW are keeping some plants running between Christmas and New Year's.
Germany's market is in a deep slump, with sales down 25.2 percent in the first 11 months of the year. But strong demand for luxury cars in other markets, notably China and the United States, have more than offset the contraction in Germany, where demand was pulled forward by that country's generous cash-for-clunkers incentives last year."

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