The Book of Necessary Luxuries

Luxury carmaker Mercedes-Benz has entered the premium used-car market with its StarElite Pre-Owned Program, in a bid to garner more market share and support its businesses in China, China Daily reported Thursday. StarElite offers multi-brand trade-in, certified pre-owned vehicles and premium after-sales service, in a transparent, reassuring, and convenient one-stop shopping experience, the …

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Luxury carmaker enters used-car market (People’s Daily)

FRANKFURT -(Dow Jones)- Soaring demand in China, Brazil and India helped the world’s three largest luxury car makers eke out sales gains in October, the latest sign that a recovery in the premium segment is gaining traction.

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Luxury Car Makers Eke Out Gains; Emerging Mkts Fuel Recovery (Nasdaq)