Luxury cars are speeding past the traditional market of once loved pick up trucks. A recent poll shows that more U.S. drivers are spending their dollars on plush luxury cars than before. Lavish cars are making a comeback. Read this article to find out what caused the recent shift in car purchasing...
In the first five months of the year, luxury automakers sold almost 66,000 more vehicles in the U.S. than they did a year earlier, an 11 percent increase. Lincoln and Lexus (TM) in particular were stomping on the sales pedal. Sales of midsize cars such as the Honda (HMC) Accord—the biggest segment of the U.S. market—slipped 3.6 percent, while truck sales—another huge chunk of the market—were up 4.6 percent.