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Luxe Car Rental® is an independently owned and operated company which specializes in luxury car rental and sports car rental in Singapore. We aim to provide you with an exceptional driving experience and impeccable customer service. Luxe Car Rental® features exotic luxury vehicles from the most exclusive manufacturers in the world, including Ferrari, Lamborghini, Bentley, Aston Martin, Maserati and Porsche.
Luxe Car Rental® is the only exotic sports car professional rental company with the best fleet in Singapore. We offer the fastest and most exceptional supercars for hire, be it for special events - such as weddings and parties - or other leisurely pursuits. Other than catering for special occasions, Luxe Car Rental® also aims to fulfill its clients’ aspirations of driving luxury cars in Singapore without the servicing efforts and hassle of possessing a vehicle. As a result, clients experience the thrill of our luxury sports cars whilst maintenance, insurance and other aspects of car ownership, are handled by the Luxe Car Rental® team.
Singapore has won a five-year contract to host the Formula One race on the Marina Bay Street Circuit. Since September 2008, Singapore has seen the likes of Lewis Hamilton and Kimi Raikkonen racing down the streets in downtown Singapore for the world’s first night race. Now you can make your dreams come true and not only watch the Formula One race, but drive powerful sports cars in Singapore yourself!
In terms of growth, India is now one of the top three markets for BMW globally with only China and South Korea ahead of it.
Mercedes, which had suffered a decline in sales in 2009 that eventually led to it ceding its leadership position to BMW, bounced back strongly in 2010 with almost all its models doing much better than in the previous year. The stellar performance however, was not good enough to dethrone BMW.
Audi, long considered the dark horse in the race also remained steadfast in achieving its ambition of becoming the market leader.
“We have had a very satisfying year in 2010 and have exceeded our internal targets for the third straight year,” said Michael Perschke, head, Audi India. “The race to the top is a long term game and we will get there in time. We are aiming for a market share between 28-30% in the luxury car segment in India and the way it is growing, we know it is a tough task.” who sold how much
Audi Group of America Inc. is going to push into the US luxury market in the year 2011. Their A8 model which is part of the top end car from the company is the flag bearer of this thought process to be followed up by the A6 and A7 in the Phase Two of the brand development process by Audi in America. The smallest model from Audi, the Q3 though seems to be back in contention for a release in the US on the back of a healthy growth of 23.3 percent recorded by the entire segment in 2010, this after it Audi officials had decided against its release in that country. The A1 model from Audi also has better chances of joining up with the Audi lineup in the US market.
As per Johan De Nysschen, President Audi Group of America Inc.’s people would have to wait for the next generation models to come up where one would get more diesel variants. Audi had sold a record number of 1,092,400 vehicles worldwide in 2010 which included an all time high record of 101,629 in the U.S. They hope to continue with the positive sales trend in this year as well.
For the long term forecast, the company plans to sell 200,000 units in the US market in the year 2018. This is about twice the number of vehicles that they have sold last year. They also aim to sell 1.5 million cars worldwide to become the top luxury car seller. For the year 2011 they intend to sell 1.2 million units globally and to double their sale figures in the US market. As per De Nysschen, Audi has been successful in garnering the interest of more affluent Americans and this has been possible due to the stupendous success of the A8 model which Audi had introduced last year.
For Ford Motor, it’s an open question as to where the optimal balance lies between cost and range. But according to Sherif Marakby, the company’s director of electric vehicle development programs, the answers “will become clear in the next couple of years with more and more EV introductions in the market.” Ford will adjust its plug-in offerings based on results it sees in two areas: First, customer and market acceptance of the current range of electric vehicles. “With several EV introductions, the customer will either tell us the current range is not practical (at any cost), or that cost will determine their next EV, even at current range levels,” he said. The second factor is how battery technology evolves in the next couple years, and especially energy density. Increased energy density drives down cost, said Marakby, and determines “how much battery we can fit in a car.”
According to Kevin See, an analyst with Lux Research who focuses on electric vehicles, cost will be the more important factor for automakers seeking mainstream acceptance of EVs. Although “range anxiety is obviously an issue,” he said, “we absolutely see cost as the major obstacle to mass adoption.”
It’s not a one-size-fits all market, however. “Right now, you can increase range just by building a bigger battery pack,” See said, noting that Coda Automotive has opted for a 40 percent larger pack for its $44,900 Coda Sedan than Nissan has chosen for its Nissan LEAF (33.8 kWh vs. 24 kWh), affording the Coda Electric Sedan up to 120 miles of range compared to about 100 miles for the LEAF.
As a pure-play EV provider, said See, Coda had to differentiate itself. “They can’t come out with the same car as the LEAF,” he said. “They’ve chosen the battery pack to be the differentiator.” See believes that at this stage, however, “a small increase in range is not worth $12,000 to most consumers.” At a certain point, additional range simply may not be worth it for all but a niche market. “Consumers are not expecting to do 300-mile road trips in an electric car,” said See.
Competitive pricing is a moving target, however. As fuel efficiency improves for internal combustion engine vehicles, said See, payback periods (i.e. the time it takes for an EV buyer to recoup the extra upfront cost of their plug-in by spending less on fuel) will increase, unless EV costs also come down. “Going forward, economies of scale for everybody is what’s going to bring down battery cost,” said See, and there’s interest in “tweaking” battery chemistry to further reduce costs. “But the question is, will they come down enough to compete with the internal combustion engine?”
Luxe Car Rental® is the only exotic sports car professional rental company with the best fleet in Singapore. We offer the fastest and most exceptional supercars for hire, be it for special events - such as weddings and parties - or other leisurely pursuits. Other than catering for special occasions, Luxe Car Rental® also aims to fulfill its clients’ aspirations of driving luxury cars in Singapore without the servicing efforts and hassle of possessing a vehicle. As a result, clients experience the thrill of our luxury sports cars whilst maintenance, insurance and other aspects of car ownership, are handled by the Luxe Car Rental® team.
Singapore has won a five-year contract to host the Formula One race on the Marina Bay Street Circuit. Since September 2008, Singapore has seen the likes of Lewis Hamilton and Kimi Raikkonen racing down the streets in downtown Singapore for the world’s first night race. Now you can make your dreams come true and not only watch the Formula One race, but drive powerful sports cars in Singapore yourself!
The German automotive giant, BMW has retained its number 1 position in the luxury car segment in India in 2010, despite a relentless onslaught throughout the year from rival Mercedes Benz, which launched as many as 18 models during the year. BMW sold 6,246 cars last year, a 73% increase over 2009
when it had sold 3,619 cars. Mercedes and Audi, its two main rivals did not do too bad either. Mercedes despatched 5,819 cars to its dealerships, an 80% growth over the previous year while actual sales are estimated at 5,776 units during the year. Audi sold 3,003 cars, 81% more than its tally of 1,658 cars in 2009. “We are glad that we managed to retain our pole position in 2010, a feat we first achieved in 2009 and are now confident of maintaining our leadership in future,” said Andreas Schaaf, president, BMW India. “When we started the year our target was to sell 4,200 cars during the year. The fact that we exceeded that by some margin shows how strong the demand is in India and how strong our brand is.”In terms of growth, India is now one of the top three markets for BMW globally with only China and South Korea ahead of it.
Mercedes, which had suffered a decline in sales in 2009 that eventually led to it ceding its leadership position to BMW, bounced back strongly in 2010 with almost all its models doing much better than in the previous year. The stellar performance however, was not good enough to dethrone BMW.
Audi, long considered the dark horse in the race also remained steadfast in achieving its ambition of becoming the market leader.
“We have had a very satisfying year in 2010 and have exceeded our internal targets for the third straight year,” said Michael Perschke, head, Audi India. “The race to the top is a long term game and we will get there in time. We are aiming for a market share between 28-30% in the luxury car segment in India and the way it is growing, we know it is a tough task.” who sold how much
As per Johan De Nysschen, President Audi Group of America Inc.’s people would have to wait for the next generation models to come up where one would get more diesel variants. Audi had sold a record number of 1,092,400 vehicles worldwide in 2010 which included an all time high record of 101,629 in the U.S. They hope to continue with the positive sales trend in this year as well.
For the long term forecast, the company plans to sell 200,000 units in the US market in the year 2018. This is about twice the number of vehicles that they have sold last year. They also aim to sell 1.5 million cars worldwide to become the top luxury car seller. For the year 2011 they intend to sell 1.2 million units globally and to double their sale figures in the US market. As per De Nysschen, Audi has been successful in garnering the interest of more affluent Americans and this has been possible due to the stupendous success of the A8 model which Audi had introduced last year.
he plug-in vehicles rolling out to consumers this year rely on battery technology that’s already a step behind the cutting edge. After all, automakers have been working for years to secure suppliers, build prototypes, refine designs, and integrate systems. When deploying next-generation batteries in future models, automakers face a choice to apply energy density improvements toward increased electric range or reduced costs.
Of course, it’s more of a balancing act than an either-or scenario. A recent survey conducted by IBM’s Institute for Business Value found that U.S. consumers want both more range and lower costs.For Ford Motor, it’s an open question as to where the optimal balance lies between cost and range. But according to Sherif Marakby, the company’s director of electric vehicle development programs, the answers “will become clear in the next couple of years with more and more EV introductions in the market.” Ford will adjust its plug-in offerings based on results it sees in two areas: First, customer and market acceptance of the current range of electric vehicles. “With several EV introductions, the customer will either tell us the current range is not practical (at any cost), or that cost will determine their next EV, even at current range levels,” he said. The second factor is how battery technology evolves in the next couple years, and especially energy density. Increased energy density drives down cost, said Marakby, and determines “how much battery we can fit in a car.”
According to Kevin See, an analyst with Lux Research who focuses on electric vehicles, cost will be the more important factor for automakers seeking mainstream acceptance of EVs. Although “range anxiety is obviously an issue,” he said, “we absolutely see cost as the major obstacle to mass adoption.”
It’s not a one-size-fits all market, however. “Right now, you can increase range just by building a bigger battery pack,” See said, noting that Coda Automotive has opted for a 40 percent larger pack for its $44,900 Coda Sedan than Nissan has chosen for its Nissan LEAF (33.8 kWh vs. 24 kWh), affording the Coda Electric Sedan up to 120 miles of range compared to about 100 miles for the LEAF.
As a pure-play EV provider, said See, Coda had to differentiate itself. “They can’t come out with the same car as the LEAF,” he said. “They’ve chosen the battery pack to be the differentiator.” See believes that at this stage, however, “a small increase in range is not worth $12,000 to most consumers.” At a certain point, additional range simply may not be worth it for all but a niche market. “Consumers are not expecting to do 300-mile road trips in an electric car,” said See.
Competitive pricing is a moving target, however. As fuel efficiency improves for internal combustion engine vehicles, said See, payback periods (i.e. the time it takes for an EV buyer to recoup the extra upfront cost of their plug-in by spending less on fuel) will increase, unless EV costs also come down. “Going forward, economies of scale for everybody is what’s going to bring down battery cost,” said See, and there’s interest in “tweaking” battery chemistry to further reduce costs. “But the question is, will they come down enough to compete with the internal combustion engine?”
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