TARRYTOWN, NY – The U.S luxury-vehicle segment will grow 26% in the next six years, James H. Colon, vice president Lexus Sales and Dealer Development, predicts. Colon pegs luxury-vehicle sales this year at about 1.9 million units and says the segment will swell to 2.4 million units by 2012. That will match the overall growth trend in total luxury goods, he says, which is expected to produce $440 billion in luxury product sales this year and grow to $1 trillion by 2010. Speaking at a ...
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