Friday, February 17, 2006

Luxury car sales now on rise

"Think big" seems to be the order of the day. The splurge in the car sale fashion backs this notion. The increased sales of luxury cars like Mercedes-Benz and other high profile vehicles are the sure result of popular trend.

Annual sales of luxury cars have risen constantly and it’s still on rise. Gone are the days when people thought that purchasing a car was a difficult job. Now with the outcome of cheap car loans the indulgence in cars has increased.
A luxury car unit has made an operating profit of 1m euros in the last three months of 2005.

Industry insiders say that this increase in profits has been due to the job cut that this sector has undertaken. But whatever the speculations say Car loans definitely have a major role to play.