Luxury Cars news and trends

Ferrari Hopes Crypto Payments Can Widen Customer Base
Cryptocurrency // October 15, 2023

Ferrari has reportedly begun accepting cryptocurrency payments for its vehicles in the U.S. That’s according to a Saturday (Oct. 14) report by Reuters, citing comments from the luxury carmaker’s marketing chief. As Reuters noted, most blue-chip firms have avoided crypto, due to the volatility of...

Mercedes-Benz Expands Luxury Vehicle Subscription Service
Retail // June 04, 2019

Mercedes-Benz has announced it is celebrating the one-year anniversary of its luxury vehicle subscription service by expanding the program to Atlanta, Georgia. In addition, Mercedes-Benz Collection is expanding its Nashville, Tennessee offering to include the Premier tier. In the weeks ahead, Atlanta will also test...

Enterprise Offers Vehicle Subscriptions
Innovation // May 07, 2019

Forget car and truck rentals, at least for the moment. Subscription commerce is the coolest new thing in automotive retail. Enterprise Holdings reportedly is running a test in three states to figure how many consumers would pay (pretty hefty) subscription fees for reliable access to...

CA Auto Dealers Want To Put Brakes On Volvo Subscriptions
Subscriptions // January 18, 2019

In an effort to halt Volvo from offering cars to consumers through subscriptions, the California New Car Dealers Association (CNCDA) filed a petition with the New Motor Vehicle Board in the state. The CNCDA represents over 1,000 franchised dealers of cars and trucks in California,...

Quick Reads
Ferrari Hopes Crypto Payments Can Widen Customer Base

October 15, 2023
Ferrari has reportedly begun accepting cryptocurrency payments for its vehicles in the U.S. That’s according to a Saturday (Oct. 14) report by Reuters, citing comments from the luxury carmaker’s marketing chief. As Reuters noted, most blue-chip firms have avoided crypto, due to the volatility of the digital coins, regulation worries and their high energy use. […]

Mercedes-Benz Expands Luxury Vehicle Subscription Service

June 04, 2019
Mercedes-Benz has announced it is celebrating the one-year anniversary of its luxury vehicle subscription service by expanding the program to Atlanta, Georgia. In addition, Mercedes-Benz Collection is expanding its Nashville,...

CA Auto Dealers Want To Put Brakes On Volvo Subscriptions

January 18, 2019
In an effort to halt Volvo from offering cars to consumers through subscriptions, the California New Car Dealers Association (CNCDA) filed a petition with the New Motor Vehicle Board in...

BMW Launches Ride-Hailing Service In China

December 17, 2018
BMW has launched a ride-hailing service in the Chinese city of Chengdu, the company reported. The luxury car brand is the first foreign company to get a license to operate...