Luxury car in the context of "BMW"

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⭐ Core Definition: Luxury car

Although the concept of luxury cars has evolved over time, from the beginning of the 20th century to 2025. The definition of a luxury car is a passenger automobile built in limited series, with high-quality and cutting-edge materials, and therefore very expensive and intended for an elite clientele, very wealthy to afford it.

In short, a luxury car is an automobile not accessible for the masses. This classification excludes state vehicles: those of presidents, autocrats, dictators, etc. As such, they have technical specifications that go beyond the concept of a luxury car.

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👉 Luxury car in the context of BMW

Bayerische Motoren Werke Aktiengesellschaft (BMW AG), trading as BMW Group (commonly abbreviated to BMW (German pronunciation: [ˌbeːʔɛmˈveː] ), sometimes anglicised as Bavarian Motor Works), is a German multinational conglomerate manufacturer of luxury vehicles and motorcycles headquartered in Munich, Germany. The moniker, "BMW ", first came into use when the German firm Rapp Motorenwerke changed its name to Bayerische Motoren Werke GmbH (BMW GmbH) in 1917. Thereafter, in 1922, the name and assets of BMW GmbH were transferred to the aircraft manufacturer Bayerische Flugzeugwerke AG (formerly Otto Flugmaschinenfabrik), thereby giving rise to the company known today as BMW AG.

BMW AG's automobiles are marketed under the BMW, Mini, and Rolls-Royce brands while its motorcycles are marketed under the BMW Motorrad brand. In 2023, BMW became the world's ninth-largest producer of motor vehicles (with 2,555,341 vehicles made in that year alone) as well as the 6th largest automaker by revenue. In 2023, it was ranked 46th in the Forbes Global 2000. The company also has significant motor-sport history, especially in touring cars, sports cars, and the Isle of Man TT.

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Luxury car in the context of Maserati

Maserati S.p.A. (Italian: [mazeˈraːti]) is an Italian luxury car manufacturer. Established on 1 December 1914 in Bologna, Italy, the company's headquarters are now in Modena, and its emblem is a trident. The company has been owned by Stellantis since 2021.

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Luxury car in the context of Jaguar Land Rover

Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover, also known as JLR, and is a British multinational automobile manufacturer which produces luxury vehicles and SUVs and has its head office in Whitley, Coventry, United Kingdom. The principal activity of Jaguar Land Rover is the design, development, manufacture and sale of vehicles bearing the Jaguar and Land Rover marques. The company is the largest automotive employer in the UK with 33,000 employees as of September 2025.

Both marques have long histories prior to their merger – Jaguar going back to the 1930s and Land Rover to the 1940s – first coming together in 1968 as part of the British Leyland conglomerate, later again independent of each other, and then as subsidiaries of BMW (in the case of Land Rover), and Ford Motor Company (Jaguar). In 2000, Rover Group was broken up by BMW and Land Rover was sold on to Ford Motor Company, becoming part of its Premier Automotive Group.

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Luxury car in the context of Range Rover

The Land Rover Range Rover, generally shortened to Range Rover, is a 4WD luxury mid to full size crossover marque and sub-brand of Jaguar Land Rover, owned by India-based Tata Motors. The Range Rover line was launched in 1970 by British Leyland and since 2022 is in its fifth generation.

Additional models have been launched under the Range Rover name, including the Range Rover Sport, Range Rover Evoque, and Range Rover Velar.

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Luxury car in the context of Rolls-Royce Spectre

The Rolls-Royce Spectre is a full-sized luxury electric grand tourer manufactured by Rolls-Royce Motor Cars. The Spectre was formally launched in Napa Valley, California in 2023. The first deliveries of the car were made in the last quarter of 2023.

It is Rolls-Royce's first electric vehicle (EV) and rides on the same platform as the Phantom and Cullinan.

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Luxury car in the context of Aston Martin

Aston Martin Lagonda Global Holdings PLC (/ˈæstən/) is a British manufacturer of luxury sports cars and grand tourers. Its predecessor was founded in 1913 by Lionel Martin and Robert Bamford. Headed from 1947 by David Brown, it became associated with expensive grand touring cars in the 1950s and 1960s, and with the fictional character James Bond following his use of a DB5 model in the 1964 film Goldfinger. Their grand tourers and sports cars are regarded as a British cultural icon.

Aston Martin has held a royal warrant as purveyor of motorcars to Charles III (as Prince of Wales and later as King) since 1982, and has over 160 car dealerships in 53 countries, making it a global automobile brand. The company is traded on the London Stock Exchange and is a constituent of the FTSE 250 Index. In 2003 it received the Queen's Award for Enterprise for outstanding contribution to international trade. The company has survived seven bankruptcies throughout its history.

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Luxury car in the context of Veblen goods

A Veblen good is a type of luxury good for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. They are named after American economist Thorstein Veblen who described the contradiction.

The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure. A product may be a Veblen good because it is a positional good, something few others can own.

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