London ‘Super Prime’ Home Sales Surge to Record on Overseas Purchasers Overseas buyers make up 65 percent of the London market for homes costing more than 5 million pounds Buyers from the Middle East, North Africa, Eastern Europe and former Soviet Union are pushing prices in London ‘Super Prime’ Home Sales to new records. Values … Read more
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
L2, a think tank that conducts research on digital business innovation, has released its annual study on the most web-savvy designers. L2 Digital IQ Index reports provide brands with a benchmark to measure digital competence against peers. Developed by L2 founder and NYU Stern Professor Scott Galloway, the Digital IQ is a tool that scores … Read more
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
BMW will introduce the next generation of head lights After LED technology, laser light is the next logical step in car light development. BMW engineers are currently already working on the introduction of laser light as a further pioneering technology for series production within a few years. Laser light could then facilitate entirely new light … Read more
LG Electronics unveiled 4G phone, as mobile unit continues to struggle LG is trying to rescue its loss-making handset business. So a new 4G phone is a perfect move for the world’s No.3 handset maker. The hardware offering of the model with a 4.5-inch high-definition screen is similar to Samsung’s Galaxy S II LTE. The … Read more