Recession |

Posted on Sep 21st, 2009 by Andrey

1 Comment Category: Mercedes-Benz, maybach

If you have more money than people earn in a lifetime, then you can certainly afford to be picky about the cars you drive, or more exactly, are driven in. For many rich people, Mercedes-Benz’s Maybach brand has been a prime target, with its 57 and 62 models.

But if the recent economic recession hasn’t thinned out your wallets, then you may want to purchase that new Maybach soon, as the boss of Mercedes, Dieter Zetsche, has revealed during the Frankfurt Motor Show that the luxury brand might soon face the cutting block. This is largely due to the fact that there aren’t many rich people buying cars these days, and that the few who are, have more discrete taste and don’t want something as opulent or as flashy as a Maybach.

Don’t forget though that the 57 and 62 have been around for quite some time and a new generation for both of them still hasn’t been confirmed or denied by Mercedes. Hopefully though, such a prestigious brand will live on, if not by being still in production maybe by its models becoming exclusive collectibles.

Read More: “Mercedes-Benz might eliminate Maybach brand”

Posted on Sep 11th, 2009 by Andrey

No Comments Category: Articles, News, Nissan, Renault

The worldwide economic crisis made a huge dent in the budgets of almost every inhabitant of this planet. The recession has made people more careful on what they spend their money on and companies more careful on how they spend the money from customers.

But at least one corporation is doing just great, as Renault-Nissan boss Carlos Ghosn has just declared to prestigious French newspaper Le Figaro that his own company has overcome the worldwide crisis. Don’t go thinking that this will mean month-long paid vacations for everyone at Renault-Nissan, as he continued by saying that the company needs to take care of the side effects of the recession, which are still visible in some structures underneath him.

The executive also highlighted that customers won’t flock to dealerships all around the world at once, but that the growth of sales will happen over a longer period of time. People will slowly start to reorganize their budgets and new cars might soon make it to the top of the purchase lists. Until then though, many people are still trying to pay out their leasing contracts or scrape enough money for fuel in order to enjoy their cars. Hopefully things will only get better in the near future for auto fans like us.

Read More: ““We’ve Overcome the Economic Crisis”, Renault-Nissan Boss Says”