suedunnell wrote: Hi Again - I should add my name to comment #1 above and ask that if anyone has questions, they can either post them here or ask me directly:
Sue Dunnell
PowerBuilder Product Manager
978 287 1752
sue.dunnell@sybase.com
NEW YORK, NY -- (MARKET WIRE) -- 04/05/07 -- For the second straight year, Porsche earned
the top score as the most prestigious luxury automobile brand in the 2007
Luxury Brand Status Index (LBSI) survey from the independent New York-based
Luxury Institute. Mercedes and Lexus tied for second place; BMW was rated
third.
What wealthy consumers familiar with the brand had to say about Porsche:
-- "Fantasy, power, style and excitement."
-- "Well built, good reputation, good styling, and good performance,
holds value, sporty, powerful, recaptures youth."
-- "It has always been a high-end car with design and elegance, and
represents an accomplished person."
-- "It's a brand that I trust and respect. I own one and am proud of it."
"We enhanced our impartial surveys by asking for candid consumer comments
as to why they would, or, would not, recommend luxury auto brands to people
they care about most," said Milton Pedraza, CEO of the Luxury Institute.
"Wealthy consumers tell us that Porsche stays true to its core values and
to their enthusiasts. While consumers have had to endure bouts of
schizophrenia and identity crises from some of their beloved luxury auto
brands, Porsche remains, according to wealthy consumers familiar with the
brand, an automobile that never loses its way on the luxury highway, even
at high speeds."
Brands rated (alphabetically): Acura, Audi, BMW, Cadillac, Hyundai-Azera,
Infiniti, Jaguar, Land Rover, Lexus, Lincoln, Mercedes, Porsche, and Volvo.
The summary results of this survey are available to members of the Luxury
Board (www.luxuryboard.com), the world's first online community for luxury
professionals, executives, and entrepreneurs.
The proprietary Luxury Brand Status Index (LBSI) survey is the only measure
of the reputation of leading brands among wealthy Americans. A national
sample of over 1,600 wealthy American consumers, with an average income of
$313K, and average net worth of $3.3 million, was surveyed online. Survey
results are weighted to match demographic and net worth profiles of the
same audience according to the latest Survey of Consumer Finances from The
Federal Reserve.
About the Luxury Institute
The Luxury Institute is the uniquely independent and impartial ratings and
research institution that is the trusted and respected voice of the high
net-worth consumer. The Institute provides a portfolio of proprietary
publications and research that guides and educates high net-worth
individuals and the companies that cater to them on leading edge trends,
high net-worth consumer rankings and ratings of luxury brands, and best
practices. The Luxury Institute also operates the Luxury Board
(www.luxuryboard.com), the world's first global, membership-based online
community for luxury goods and services executives, professionals and
entrepreneurs. To reach the Luxury Institute, please call 646-792-2669 or
go to www.luxuryinstitute.com.
Contact:
Martin Swanson
Vice President, Business Development
The Luxury Institute
(office) 914-909-6350
(cell) 914-715-3357 Email Contact www.luxuryinstitute.com