BMW extends global sales lead over Audi, Mercedes in June

BERLIN (Reuters) - BMW's (BMWG.DE) sales rose faster in June than at Audi and Mercedes as demand from China and the United States helped the German luxury car maker to extend a lead over its two main rivals in the first six months of the year.

Sales at BMW's core brand were up 9.4 percent in June to 153,000 autos, the Munich-based company said on Monday, compared with growth of 8.3 percent and 5.5 percent respectively at Mercedes (DAIGn.DE) and Volkswagen-owned Audi (VOWG_p.DE).

Six-month sales at BMW rose 7.7 percent to 804,000 cars, expanding the lead over runner-up Audi to 24,000 from 11,000 after five months. Half-year sales at Audi and Mercedes rose 6.4 percent each to 780,500 and 694,000 autos respectively.

"BMW has stronger momentum than Audi and Mercedes, that won't change in the second half," said Hanover-based NordLB analyst Frank Schwope. "Design of their cars has improved and they're ahead on fuel-saving technologies."
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GermanNut - 7/8/2013 4:29:03 PM

-3 Boost

BMW may have the global sales lead year-to-date over Audi and Mercedes-Benz, but the way it's going about achieving that leading sales number is by offering large discounts on its cars, which will reduce its profit margin.

scenicbyway12 - 7/8/2013 6:30:32 PM

+3 Boost

If you think that Audi and M/B aren't offering large discounts, you should follow another industry.

BMW4me4ever - 7/9/2013 11:05:30 AM

+2 Boost

Great job BMW. looking forward to the 4-series soon to arrive and the New x5