For cooperative teams, modesty leaves the best impression

People may forgo displaying luxury brands and other signals of status when they want to convince others that they will collaborate well with a team, as people who signal their wealth and social status could be perceived as ...

Vanity plates in Greece may be a form of 'conspicuous corruption'

In Greece, drivers cannot legally purchase custom vanity plates. However, a new study confirms an open secret: that the country has an illegal market for acquiring license plates with distinctive number patterns, perhaps ...

Tata Motors shares plunge 30% on Jaguar woes

Shares in India's Tata Motors tanked almost 30 percent on Friday after problems at its Jaguar Land Rover unit dragged the luxury carmaker to India's biggest quarterly loss.

Edmunds highlights newest safety and technology trends

Historically, the latest innovations in vehicle technology debut on high-end luxury vehicles. Developing new features is an expensive endeavor, and usually only wealthy shoppers are willing to pay for them. Features such ...

Synthetic suede gives high-end cars that luxury feel

Leather car seats were once synonymous with luxury, but these days, synthetic suede is becoming the material of choice for high-end automobiles. With increased affluence worldwide, and the growing popularity of car-sharing ...

Daimler earnings hit by trade tensions, emissions rules

German automaker Daimler AG said Thursday that its net profit fell 27 percent in the second quarter as the company confronted multiple challenges including trade tensions, weak pricing for its luxury cars, and recalls and ...

When political ideology shapes luxury buying

Political allegiance plays a critical role in the decision to buy luxury goods. New empirical research by David Dubois, associate professor of marketing at INSEAD, Jeehye Christine Kim of Hong Kong UST Business School and ...

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