The luxury market might be occupying a throne above the others, but recent events have shown that it is also susceptible to the crisis the auto industry is facing right now.

The big turn in the entire automotive market started in October. But no, it’s not about to end yet. Nissan continues the series of events this November, with Infiniti’s recent offering of 0% financing on all of its 2008 models—for 36 months!— as part of its year-end sale. It could be remembered that Toyota started this “trend” (if you can call it that way) with its “Saved by Zero” campaign last October, a campaign that is even extended until this month. It offers 0% financing on some of its models, an act followed by BMW by offering 0.9% financing on all of its vehicles until January 5 next year.

Other than all these major events, some of the deals offered by various car companies are as follows:

• Jeep offered up to $6000 cash back on some of its models
• Toyota offered $5000 cash back on its SUVs and pickups
• Buick, Cadillac, Chevy, GMS, Hummer, Pontiac, Saturn, and Saab offered cash back on some of their models, plus 10% discount on most of their cars
• Volkswagen offered no money down and no money upon signing, plus free first payment on all 39-month leased 2009 Volkswagen models

Good signs? Bad signs? Well, for the auto industry it’s surely a bad sign. But, we can probably use this chance to get that auto we’ve been eyeing for so long. Why not?

NOTE: Pictures courtesy of AustinMPS, CarType, and BMW.SG