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The Luxury OEM market within the Automotive Manufacturing industry is comprised of companies that produce high-end vehicles. These vehicles are typically characterized by their superior performance, advanced technology, and luxurious features. Luxury OEMs often focus on creating vehicles that are aesthetically pleasing and offer a unique driving experience. They also tend to use higher quality materials and components than those used in mass-market vehicles.
Luxury OEMs typically target affluent customers who are willing to pay a premium for a vehicle that offers a superior driving experience. These vehicles are often marketed as status symbols and are often seen as a symbol of success.
Some of the major companies in the Luxury OEM market include BMW, Mercedes-Benz, Audi, Lexus, Cadillac, Jaguar, and Porsche. Show Less Read more
