Urvaksh Karkaria

Polestar says it's on track to double its global retail locations to 100 this year and the Volvo subsidiary believes having 200 locations in 2022 is within reach.

As part of a major overhaul, the second-generation coupe has a more athletic exterior design and roomier interior.

BMW, followed by Mercedes and Lexus, took the lead in U.S. luxury sales race going into the second half of 2021.

The factory will be the cornerstone of the automaker's ambitious plan to become an EV-only brand by 2030.

Polestar's U.S. sales only began last year, but the Volvo-affiliated brand will begin building electric vehicles in South Carolina late next year.

Tony Joseph led the high-end brand's North American entry.

Sebastian Mackensen, a former Volkswagen Group executive, will take over as head of North America effective Sept. 1.

The automaker's new-product launches could be a bit suspenseful this summer.

Like the Taycan, the electric Macan will use 800-volt technology.

Mercedes-Benz maintained a luxury segment lead in first-quarter sales, fueled by strong crossover demand.

The first electrified Mercedes-AMGs, designed to lower emissions with new hybrid powertrains derived from Formula 1 racing, debut this year.

Porsche will offer the more affordable Taycan at 83,520 euros in Germany. It will arrive in European showrooms by mid-March.

Deep-pocketed customers helped insulate the U.S. luxury market from the brunt of the pandemic in 2020, as premium deliveries fell 11 percent compared with a 14 percent slide for the overall industry. Hybrids helped Lexus surpass Mercedes and finish No. 2 for the year.

The emphasis on the Maybach S-Class is on rear-seat comfort. The sedan is aimed at well-heeled buyers who look to longer wheelbase models for their chauffeured needs.

Luc Donckerwolke, who overhauled styling at Hyundai, Kia and Genesis, is returning to the automaker in a newly created position -- chief creative officer.