Definition of luxury car has changed
“The onus is on the owner of the vehicle to determine its authenticity. If a luxury car is offered for sale far below the market price, then it's too good to be true.” Khazali said all 22 vehicles had breached Clause 21A of the Customs Duty Order (Exemption) 1988 which allowed for the cars to be brought onto the mainland for up to 90 days in a year. Additionally, they breached Section 135(1)(d) of the Customs Act 1967 by possessing items for which duty had not been paid. “Some of the vehicle owners were permanent residents of Langkawi or Labuan.
Full Article: http://news.malaysia.msn.com/tmi/raids-on-smuggled-luxury-cars-from-langkawi-spark-pac-scrutiny
Luxury cars flunk new tougher crash test
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Full Article: http://usatoday30.usatoday.com/money/autos/story/2011-12-01/luxury-cars/51550684/1
Of 11 models tested, eight flunked a new test which is designed to mimic the most dangerous sort of frontal crash — when a vehicle strikes another car or an object, such as a tree, with just a small portion of the front bumper. Virtually all new cars in recent years have earned good ratings from the privately funded IIHS’ crash tests, as automakers have worked to improve safety. So the IIHS created the new tougher test which is known as the “small overlap” impact. “Nearly every new car performs well in other frontal crash tests conducted by the Institute and the federal government, but we still see more than 10,000 deaths in frontal crashes each year,” Institute president Adrian Lund said.
Full Article: http://money.cnn.com/2012/08/14/autos/luxury-cars-crash-test/index.html
Black Friday will see big sales rise in luxury cars in the US
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Full Article: http://www.inautonews.com/black-friday-will-see-big-sales-rise-in-luxury-cars-in-the-us