10 Facts About Luxury car

Luxury car is a car that provides increased levels of comfort, equipment, amenities, quality, performance, and associated status compared to moderately priced cars.

Luxury car phenomenon began at the start of the automobile industry when the wealthy frequently invested in the manufacture of such models to gain the social prestige associated thereby.

Personal luxury car emerged into mass popularity and affordability as an America-specific category of popularly-priced cars made from the 1950s by the four domestic manufacturers that reached peak popularity in the 1970s.

Late-2000s global financial crisis was the first time since the Great Depression of the 1930s that the luxury car market suffered considerably, something not seen in previous economic downturns.

The unusually sharp decline in luxury car sales has led observers to believe that there is a fundamental shift and reshaping of the luxury automotive market, with one industry official suggesting that the marques no longer command the premiums that they used to, and another saying that conspicuous consumption was no longer attractive in poor economic conditions.

Related searches

Occasionally, a luxury car is initially sold under a mainstream marque and is later rebranded under a specific luxury marque.

Compact executive car or a compact luxury car is a premium car larger than a premium compact and smaller than an executive car.

Executive Luxury car is a British term for an automobile larger than a large family Luxury car.

SUV models generated higher profit margins than passenger cars, and car manufacturers began introducing new luxury SUVs during the late 1990s.

Luxury car companies have increasingly introduced SUV or crossover models in the 2010s.