Premium makes getting less popular in USA?

[Nostalgia]

http://www.thetruthaboutcars.com/2016/05/premium-plunge-sales-many-popular-luxury-cars-america-nosediving/

 

"Yet after BMW, Mercedes-Benz, Acura, and Cadillac all failed to match the rate of industry-wide expansion in 2015, the first four months of 2016 have revealed that even more top-level premium brands are fading as the market for new vehicles continues to expand. U.S. auto sales are up 3.4 percent in 2016. Mercedes-Benz, Lexus, BMW (the three top-ranked premium auto brands), Acura, Cadillac, and Infiniti posted declining sales in the first-third of 2016."

 

Is this a symptom of the ongoing recession, or a trend of changing taste?

[Watwheels]

One word: Tesla

 

Now waiting to see what kinda car Apple and Goggle is making.

[Zxcvb]

US is a different market lah. Only in Asia, face value is important, so we buy bmw, mercedes, audi, lexus to project that face. In US, the best selling brands are Toyota, Honda, Ford and Chevrolet (all locally made).

[Kusje]

One word: Tesla

 

Now waiting to see what kinda car Apple and Goggle is making.

 

Tesla sold 50k cars last year... I don't see it as being a significant factor.

US is a different market lah. Only in Asia, face value is important, so we buy bmw, mercedes, audi, lexus to project that face. In US, the best selling brands are Toyota, Honda, Ford and Chevrolet (all locally made).

 

Top selling US model is a pick-up truck (an expensive high end one).

[MQX87511]

US is a different market lah. Only in Asia, face value is important, so we buy bmw, mercedes, audi, lexus to project that face. In US, the best selling brands are Toyota, Honda, Ford and Chevrolet (all locally made).

in US those Premium cars major consumers are China's Corrupt officials 2nd generation, they sent their children to US study, and bought the most luxury cars for them,

[Zxcvb]

in US those Premium cars major consumers are China's Corrupt officials 2nd generation, they sent their children to US study, and bought the most luxury cars for them,

 

Singapore also got many such kids from neighbouring countries.