irie77 submitted on 11/27/2007 Official AutoSpies Timestamp: 11:12:02 AMGerman luxury car manufacturers BMW and Mercedes are riding the crest of a wave, growing richer as they sell more and more premium vehicles to traditional and emerging markets around the world.
But increasingly effective competition from Audi, Lexus, and Porsche, is ganging up against the traditional market leaders, and according to a report from investment banker Morgan Stanley, the interlopers have two ace cards which are likely to become ever more powerful. Read More