Motors: Luxury Limos in Peril ; Sales Have Slumped As Buyers Downsize

Liverpool Echo › November 04, 2005

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Summary

ARGE luxury limousines are becoming the endangered species of the car world, as buyers downsize or switch to sports utility vehicles instead.

This is the finding of independent vehicle valuation experts EurotaxGlass's, which reveals that sales of luxury models have slumped by a quarter in five years.

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Motors: Luxury Limos in Peril ; Sales Have Slumped As Buyers Downsize

Large luxury cars now account for a paltry 2.5% of the prestige market as a whole, putting their future existence i...

See the full content of this document