<title> Germany’s Luxury Brands going strong and increasing sales</title>

Germany’s Luxury Brands going strong and increasing sales

Germany’s Luxury Brands unaffected by Global Economy.


Germany's Luxury Brands unaffected by Global Economy

No industry is an immune of the global economy. So the auto industry experienced the same drama from the stock market due to the lowering the credit rating of US and all the problems in the Eurozone. The month before was one of the worst months since November 2008. The company Euro Stoxx Automobile and Parts Index has been lowered for amazing €35 billion ($50 billion) or about 19%, of its value.


Germany's Luxury Brands unaffected by Global Economy


Germany's Luxury Brands unaffected by Global Economy

But the luxury car companies like BMW, Mercedes-Benz and Audi recorded bigger revenue and higher stock index, rather than the mass-market brands like Fiat and Renault.


Germany's Luxury Brands unaffected by Global Economy


Germany's Luxury Brands unaffected by Global Economy


Germany's Luxury Brands unaffected by Global Economy


Germany's Luxury Brands unaffected by Global Economy


Germany's Luxury Brands unaffected by Global Economy


Germany's Luxury Brands unaffected by Global Economy

“German premium auto manufacturers are by far the best bet. BMW, Audi, Mercedes and Porsche are the most stable investment havens” said Frankfurt-based SEB Asset Management fund manager Juergen Meyer told Bloomberg news. And this is due the financial situation of the wealthy buyers is far better than the middle-class consumers witch can feel the resection much more and sooner.


Germany's Luxury Brands unaffected by Global Economy

Related Posts Plugin for WordPress, Blogger...