Luxury car manufacturers have already begun feeling the negative effects as a result of the global economy. Coupled with the eco-consciousness of so many consumers, resulting in them now keeping their cars for longer periods or trading down.
Trendhunter, however, shows that there is still some light at the end of the tunnel for luxury car manufacturers. It seems that the US version of AutoTrader's traffic shows that the highest searches were for fantasy niche cars like the Dodge Challenger and Chevrolet Corvette during September. More ordinary cars such as the Jeep Wrangler ranked highly in searches.It seems as though that the interest and demand for luxury cars is still there, it's just about finding a way to match offers to satisfy consumers' pockets.