Lexus, the premium car brand of Toyota, will unveil a new concept car at the Paris auto show.
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The DriveNow premium car sharing programme is a modern mobility concept that combines top-quality vehicles and service with simple, flexible usage.
ENGADGET: BMW DriveNow EV car sharing comes to San Francisco Bay Area, ParkNow follows suit
With the addition of Magellan Premium Car Kit (sold separately), users can transform their iPod touch into an instant GPS navigator.
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The BMW Group has now extended its premium car sharing program DriveNow to the US. DriveNow starts out in San Francisco with 70 electric vehicles.
ENGADGET: BMW DriveNow EV car sharing comes to San Francisco Bay Area, ParkNow follows suit
The premium car market in China represented 9% of all passenger car sales in 2012, surpassing much wealthier Japan (4%) and South Korea (6%).
McKinsey expects this affluent segment to grow at a compound annual rate of 16% between now and 2020, offering underlying support for the global premium car market.
Although premium car sales only make up a small percentage of total vehicle sales, their contribution to overall revenue is much higher due to their higher pricing.
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The U.S. luxury segment is heating up with Cadillac revamping its line-up and aiming to be No.1 premium car brand in the U.S. within three years.
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The older generation of premium car owners purchased vehicles mainly to reflect their social status, but the increasingly sophisticated new generation of buyers is expressing other reasons for buying premium autos.
Automakers that aspire to tap into the coming wave of new premium car buyers from smaller cities will need to innovate their dealer formats and sharpen their digital marketing skills, the report says.
For leading premium car makers, this implies improving their consumer insight capabilities as well as ramping up dealerships to capture demand in the 300 tier three and four cities where consumers are expected to reach the threshold for household income that will enable them to buy premium vehicles.
Now, it will get more attention, along with Maserati, which he envisions as a premium sports car brand that can challenge the best Germany has to offer.
When you switch a premium-recommended car over to regular, you may experience a little loss in acceleration if you have a lead foot.
The name Chevrolet, on the other hand, belongs exclusively to GM and enjoys a good global image--derived from, in no small part, the premium Corvette sports car.
Volvo Car is looking for partnerships with other auto makers on parts and other vehicle systems, seeking to cut development costs and better compete in the premium small-car market.
Facing competition from BMW, Audi and Mercedes in the premium small-car market, Saab Chief Executive Peter Augustsson needed a new model and turned to another GM partner, Fuji Heavy Industries, maker of Subaru four-wheel-drive cars. (GMowns a 20% stake in Fuji.) After months of discussions, nudged along by Lutz, the collaboration resulted in the Saab 9-2X, a sporty, high-performance wagon based on the underpinnings of Subaru's Impreza compact and its high-performance cousin, the WRX.
As she noshes on almonds in her office, she compares superfoods to premium gas for a car.
Whether this would really appeal to the German car maker is unclear, as it already owns several premium brands, including Bentley, Lamborghini and its own Phaeton luxury car.
The CR test car got about 30 mpg on premium fuel, and about 27 mpg on high-test when the engine was running.
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When the battery is depleted (or when driven at very high speeds), the premium-gas internal combustion engine powers the car, but its fuel mileage suffers from having to shove around 400lbs of batteries.
According to the EPA, a motorist who drives the Volt exclusively on electric power will pay an estimated 4 cents per mile in energy costs, while one who never recharges the battery and runs the car exclusively on gasoline (with premium grade required) will pay 9 cents per mile.
The European Automobile Manufacturers' Association is made up of 18 car, truck and bus manufacturers, including premium carmakers such as Germany's BMW and budget manufacturers such as South Korea's Hyundai.
Insurance is supposed to mean a contract, by which a company pays for large, unanticipated expenses in return for a premium: expenses like your house burning down, your car getting stolen or a big medical bill.
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But there are at least two major obstacles hindering wider adoption of plug-in electric vehicles: the premium that drivers will have to pay for an electric car compared with a gas-powered vehicle and the limited number of electric car charging stations nationwide.
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Geely broke the equivalent of the sound barrier in China autos when it emerged as the winning bidder for Volvo, the first Chinese car company to make an overseas acquisition of a premium brand.
DriveNow is the first car sharing concept to focus consistently on highly-efficient premium vehicles and comprehensive service.
ENGADGET: BMW DriveNow EV car sharing comes to San Francisco Bay Area, ParkNow follows suit
But what amazes me is that here, in the 21st Century, car manufacturers and dealers still think that they can charge a premium for something that is obviously not a leading edge product.
It starts when the Back-Up Camera helps you safely reverse out of your driveway, continues through your commute with premium GPS navigation features, and does not end until the Back-Up Camera helps you park the car without damage or stress and you finally shut off the ignition.
ENGADGET: Wireless Back-Up Camera for the Magellan RoadMate checks your six
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