Tag Archives: boom

BAIC Motor Shares to Rev Up on Luxury Car Boom

BAIC Motor Shares to Rev Up on Luxury Car Boom
A rebound in luxury car demand could be good news for BAIC Motor Corp shares as demand for Mercedes-Benz vehicles revs up with well-heeled Chinese treating themselves to the latest models from the prestige German marque. Strong luxury car sales …
Read more on Barron’s

Hyundai sits out small crossover utility boom as rivals gear up

Hyundai sits out small crossover utility boom as rivals gear up
General Motors Co. said it expects sales of its own Buick Encore subcompact CUV and other mini SUV-like vehicles by other automakers, including those offered by luxury brands, to reach 400,000 vehicles a year in 2018. Roger McCormack, U.S. marketing …
Read more on Automotive News