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Luxury Car Buyers Are Trading Down To Regular Brands


RAMROD
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RAMROD

More premium car buyers are trading down to mainstream brands, where they've discovered they can get a lot of the same technology, comfort and features at a substantially lower price, according to new JD Power research.

Why it matters: It's more bad news for luxury car manufacturers that have been clobbered in recent years by Tesla and now Chinese competitors — and another reflection of how affordability issues are upending the U.S. car market.

Driving the news: JD Power's latest Automotive OEM Intelligence Report, out today, is flashing warning signals for luxury carmakers like Mercedes, BMW and Audi.

Premium vehicles as a share of overall car sales are shrinking, hitting their lowest level since 2020.

 

https://www.axios.com/2026/08/07/luxury-car-brands-buyers-trading-down

Edited by RAMROD
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  • RAMROD changed the title to Luxury Car Buyers Are Trading Down To Regular Brands
EART HL I NG

"Substantially lower prices" and this year's model of my regular brand car is ~$20k more expensive and requires a subscription service to see the dashbaord

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