Asian brands dominate Consumer Reports’ 2011 Auto Survey

Lexus Ranked Best Luxury Auto Brand While Porsche Plunges: Cars Toyota Motor Corp.’s Lexus brand took back the top spot among luxury brands in 2011 Consumer Reports’ reliability ranking, beating BMW, Mercedes-Benz and Porsche, which fell the most of any vehicle line. Winning the luxury crown as well as the top spot among all brands … Read more

Digital Luxury Forum 2011

On December 8, 2011 Bucharest will be the host of the first edition of Digital Luxury Forum – the first business event in Romania that will explore the relationship between the players on the domestic luxury market and digital media (online, TV, mobile networks). The event is organized by www.deLUXE-lifestyle.ro   / 2luxury2.com in partnership with … Read more

Oman Air’s luxury Muscat lounges receive ISO certification

The high quality of the management systems at Muscat lounges has been confirmed Oman Air‘s luxurious lounges at Muscat International Airport have just been awarded ISO certification, following an audit by Intertek Semco Certification AB. The First Class and Business Class lounges, which were unveiled earlier this year, have been awarded the ISO 9001:2008 certificate … Read more

Despite economic uncertainty, luxury is experiencing a sort of ‘anti-crisis

Worldwide luxury goods market poised to surge 10 percent in 2011 as growth in China and mature markets increases, according to newly-released 10th edition of Bain & Company’s luxury goods worldwide market study. Global luxury goods sales have continued 2010’s double-digit growth trajectory and will see an increase of 10 percent, to €191 billion in … Read more

Turkish sales of luxury cars to Drop 70 percent on Tax Rise

Turkey Car Tax Rise Means $943,000 for a Bentley Turkey Imposes also special Consumption Tax on Game Boards Turkish sales of luxury vehicles with large engines will drop at least 70 percent after the government increased the special consumption tax, Hurriyet Istanbul-based newspaper reported. It is expected that the sales of vehicles with engines up … Read more

Luxury-car sales continued to surge

Luxury-Car Sales Defy Crisis Luxury-car sales continued to surge in September despite Europe’s deepening debt crisis and slowing economic growth in several major markets, making it likely that BMW AG, Daimler AG and Volkswagen AG’s Audi brand will report solid third-quarter earnings growth. BMW expects to hit its 2011 sales target of more than 1.6 … Read more