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Luxury car sales strong

Sales of the Maserati Quattroporte (pictured) are up 90 per cent on the same period last year.

Bouncing back from the GFC and poised to turn downward again as a surging Australian dollar threatens to push up interest rates, Australia has become a nation of widening gaps between the haves and have nots.

Witness the strength of the luxury car market. In Maserati's case, Australia has recorded sales increases of almost double previous years. Spokesman for Australian importers, Ateco Automotive, Edward Rowe, says the GranTurismo coupe models doubled sales in 2011 year-to-date compared with the same period in 2010.

"The Quattroporte is up 90 per cent in the same period and order books are getting longer,'' he says.

"The currency rate, which favours importers, means we have added a lot more equipment to the models to make them more attractive. The GranCabrio, for example, has more luxury features and equipment than before.''

Australians who can afford to consider a Maserati are also more likely to buy a sports derivative rather than the more luxurious models. The launch of the GranCabrio Sport - the more sporty version of the existing convertible - is set down for December in Australia with a sub-$350,000 price tag.

"We expect to sell in 2011 calendar year 40 Quattroportes, 90 GranTurismos and 35 GranCabrios - not including the Sport model which, as is expected, will be registered in the 2012 year,'' he says.

"But we are aware of the potential for the global economy - and that of Australia - to tighten in 2012 so our estimates for these models will be similar next year.''

Buyers for the GranCabrio Sport are expected to come from BMW 6-Series and Mercedes-Benz coupe models.

"It's an exclusive market and Maserati is doing well because of its exclusivity and especially the breadth of the customisation available on the cars.''

Neil Dowling
Contributing Journalist
GoAutoMedia Cars have been the corner stone to Neil’s passion, beginning at pre-school age, through school but then pushed sideways while he studied accounting. It was rekindled when he started contributing to magazines including Bushdriver and then when he started a motoring section in Perth’s The Western Mail. He was then appointed as a finance writer for the evening Daily News, supplemented by writing its motoring column. He moved to The Sunday Times as finance editor and after a nine-year term, finally drove back into motoring when in 1998 he was asked to rebrand and restyle the newspaper’s motoring section, expanding it over 12 years from a two-page section to a 36-page lift-out. In 2010 he was selected to join News Ltd’s national motoring group Carsguide and covered national and international events, launches, news conferences and Car of the Year awards until November 2014 when he moved into freelancing, working for GoAuto, The West Australian, Western 4WDriver magazine, Bauer Media and as an online content writer for one of Australia’s biggest car groups. He has involved himself in all aspects including motorsport where he has competed in everything from motocross to motorkhanas and rallies including Targa West and the ARC Forest Rally. He loves all facets of the car industry, from design, manufacture, testing, marketing and even business structures and believes cars are one of the few high-volume consumables to combine a very high degree of engineering enlivened with an even higher degree of emotion from its consumers.
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