Detailed Outlook & Analysis of Luxury Automobiles in Canada - December 2016
No of Pages – N / A Publishing Date - December , 2016
Browse detailed TOC , Tables , Figures , and Charts in Global Serial Device Server Consumption 2016 Market Research Report at : http :// www . marketresearchhub . com / report / luxury-cars-canada-december-2016-report . html
A new report by Mintel , analyzing the market trends and factor along with competitiveness for the industry participants in the luxury cars industry has been recently added to the report offerings of Market Research Hub ( MRH ). This study primarily focuses on Canada ’ s automotive manufacturing industry and is titled as “ Luxury Cars- Canada - December 2016 ”. The objective of this study primarily analyzes and documents current trends in global production and trade in the auto industry along with a proper examination of Canada ’ s position in the global auto markets . Moreover , the report also identifies emerging trends and issues in the industry that require the attention of the policymakers . As per Mintel ’ s Luxury Car Market Research Report , at present , luxury automobile manufacturers & brands operating in Canada face a very competitive market . This is due to the overabundance of models and options available for consumers to choose and buy the best . The research studies that 3,600 intermediate luxury passenger cars were sold in December 2016 , down from 3,700 calculated in the previous year . In Canada , men aged 18 to 44 are luxury vehicle enthusiasts and also the population of millennial will provide opportunities for the manufacturers to attract these target customers . By looking at these factors , luxury automobile manufacturers utilize several pricing strategies to extract the maximum surplus from consumers .