Even luxury car brands don't last forever.
With auto sales increasing just a tepid 0.6% through August, there are some brands that are faring far better than others. Within the last decade, the U.S. market has bid goodbye to Hummer line, Saab (which just this year was deemed defunct as a brand) and the entire Suzuki brand.
There have been questions about Mitsubishi's survival in the U.S. market, especially after it closed its U.S. plant in Illinois earlier this year, but its sales here have increased steadily since 2012 and are up this year. Volvo heard the same mutterings in recent years, but its sales are up 30% this year and now exceed those of Jaguar, Land Rover, Porsche, Fiat and Mini.
While there may not be an entire automaker exiting the market this year, each year puts another brand of vehicle on the shelf or eliminates it entirely. This year, for example, is the last for the Chrysler 200, Dodge Dart, Honda CR-Z, Volkswagen EOS, Buick Verano and Toyota's entire youth-focused Scion brand. However, it isn't just the everyman models that find themselves pulled off the road when their either no longer wanted or compare poorly to the younger, updated versions taking their place. We looked at the 2016 vehicles that won't be rolling into 2017 and found five luxury vehicles that have come to the end of their road -- at least for now:
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This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.