Economic Recovery Fueling Sales Of High-End Vehicles, McLaren Is A Big Winner

High-end automakers are raking in the dough as Bloomberg reports luxury and performance brands have seen a massive increase in sales between 2011 and 2016.

According to the publication, the combined sales of Bentley, Ferrari, Lamborghini, McLaren, and Rolls-Royce have increased 51 percent in that timeframe. Last year alone, these companies sold a total of more than 30,000 vehicles.

The most notable success story is McLaren which launched the MP4-12C in 2011. Over the years, the company has expanded its lineup and introduced a handful of high-performance coupes and convertibles which have been well received by buyers. The company’s impressive growth means it almost sells as many cars as Lamborghini which itself has seen sales grow by 116 percent.

McLaren isn’t resting of its laurels as the company’s executive director of global sales and marketing, Jolyon Nash, told the publication he believes the automaker should sell between 4,500 and 5,000 vehicles annually. This would be a substantial increase from the 3,286 cars sold last year.

The increase in luxury and performance sales is due in large part to economic recovery following the “Great Recession” of 2009. It also doesn’t hurt that are an estimated 226,450 people with assets worth more than $30 million dollars – an increase of 21 percent from 2012.

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  • SteersUright

    With the rich ($30mil+ that they mentioned) continuously gleaning the cream off of the top of every economy via corruption, manipulation of legislation, heaving the burden of social services and infrastructure maintenance, etc. on the middle class, while paying roughly 5% or less tax themselves, is it any wonder yachts, supercars, and luxury real estate is selling like hotcakes “all of a sudden”? Show me the average middle class American and I assure you he/she is not suddenly living in the lap of luxury given the recent “economic recovery” that seems to have only recovered the riches of those at the top and then some.

    • donald seymour

      Very true story. Most rich people are thieves and robbers. They literally steal from the middle and working class to receive their gain. They won’t share the profits evenly with the people. That’s why so many of them are depressed and suicidal. Their conscious hunts them, meaning no rest for them.

      • SteersUright

        Look at the news to come out of Malta just now: a very well known and respected journalist murdered by car bomb after she reveals the corruption, tax evasion, and offshore accounts of many within their own government and country. Thats how you make and keep $30+ mil nowadays.

  • EyalN

    everything is going to china. the main market for all car companies

  • Mehdi Cheddadi

    confusing title… at a glance I thought this was about the 720s being fuel efficient…

    • donald seymour

      Likewise, me too.

    • Vassilis

      I think it’s pretty clear actually…

  • Adilos Nave

    Was wondering when this topic would come up here. Just like everyone else on here, I’m a fan of all cars and it’s always fun to read up on the latest gee-whiz hypercar that costs millions. But these articles aren’t just once a week any longer. There are multiple per day and that leads me to believe there has been a substantial increase in the sales volume for these pricey vehicles, as noted in the article. Is this just more proof of the growing wealth divide? The rich only became richer after the Great Recession and now there are even more rich in addition to the uber, uber rich. Again, I’m all for seeing these awesome feats of engineering but at some point we need to spend some time focusing on what is driving this segment of the market.

  • Vassilis

    Happy for McLaren. They deserve to do well.

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