Every period in automobile background has already established "several car marques and models that contain been expensive to get, because of their alleged superiority with their executive" and design.Aimed at wealthy buyers, such cars might be termed luxury automobiles generically.This term is also used for unique vehicles produced during "a time when luxury was individualistic consideration, and coachwork could be tailored to an owner just like a bespoke suit."Although there is substantial books about specific marques, there's a insufficient scholarly and organized work that "analyzes the blissful luxury car happening itself."Luxury vehicle manufacturers may either be stand-alone companies in their own right, such as Mercedes-Benz and BMW, or a section/subsidiary of the mass market automaker (e.g., Lexus is part of Toyota). Badge engineering is employed for cost savings, for example, the Lincoln vehicles that derive from Ford systems or Acura models produced from Honda.[Luxury Car Market Segments]
Premium Compact SegmentThe Premium Compact Segment is relatively new,|The high grade small category is new relatively,} having been initiated by several Western brands in the middle-2000s, and also have displaced their small executive vehicles to constitute the lowest priced offerings in their lineups. The classification differs, for example Consumer Guide Automotive in the U.S. considers the Audi A3 and Mercedes-Benz CLA-Class within the premium compact portion credited to similar size and MSRP, though they are known in European countries as a tiny family car and a concise professional car, respectively. Increasing some confusion, Standard Motors has placed Buick as a "premium" nameplate to contend with Lincoln (whereas it previously competed with Mercury) and front-wheel drive Acura and Lexus models, while Cadillac is targeted at the "luxury" portion which generally includes the performance-oriented BMW and Mercedes-Benz marques.
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