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Feb
2013

Luxury SUV Consumer demographics

Many of those buying a luxury SUV already have a car as might be expected, this number is approximately 40%. In recent years many people choose to replace their existing vehicle with an SUV, some part of this trend is purely related to the popularity of the SUV, and some can be apportioned to the increased leisure time that wealthy individuals have started to find, as business in China has slowed from its previous manic pace……

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