Craig James is gunna need a new index

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Cause this one is spooking and we can’t have that:

• Sales of new luxury passenger cars and sports utility vehicles (SUVs) stood at 103,895 in the year to May, down 2.6 per cent from the December 2016 record highs. Still, annual sales of Mercedes Benz, Ferrari, Maserati, McLaren and Jaguar are all at record highs.

• The 17 luxury vehicle marques tracked are: Audi, Aston Martin, BMW, Bentley, Ferrari, Hummer, Jaguar, Lamborghini, Lexus, Lotus, Maserati, Maybach, Mercedes-Benz, Morgan, McLaren, Porsche and Rolls Royce.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.