Other
luxury carmakers like Mercedes - Benz and Audi also have plans to launch electric SUVs in the near future.
If there's one thing the German
luxury carmakers like to do it's gazump one another.
Tesla's battery powered cars and self - driving technology were a threat to European
luxury carmakers like BMW, Daimler and Volkswagen's Audi unit, which remain heavily invested in internal combustion engines.
Not exact matches
Indeed, for years we've been assured that salvation for the world's exclusive
carmakers lies in becoming less exclusive by urgent multiplication of volume — leading us to the present moment where the ever - expanding sales targets of
luxury brands such as BMW and Mercedes - Benz (and to a lesser extent Porsche) all but require them to crank production
like General Motors puking out full - size Chevrolets in its 1960s heyday.
Then the gear count started to increase gradually: first at seven, which seemed
like a novelty, and quite recently at eight, which most
luxury carmakers rushed to adopt.
Sharing little more than its name with the renowned
carmaker that this year won the Le Mans endurance series, PD's primary business is in fancying up everyday goods and gadgets and pricing them
like exclusive
luxury items.