BMW Outsells Fiat In European Market

German premium automakers BMW, Audi and Mercedes-Benz are gaining customers at the expense of mass-market rivals with a flood of small cars that even penny-conscious buyers are willing to pay extra to drive.

During the six-year downturn in European auto sales, BMW brand's market share has climbed to 5 percent from 4 percent, Audi has risen to 6 percent from 4 percent and the Mercedes brand has grown 5 percent, up from 4.5 percent. PSA/Peugeot-Citroen, General Motors Co. and Ford Motor Co. have each lost more than 2 percentage points of share in that time.

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skytop - 9/19/2013 10:25:22 PM

+1 Boost

Any sensible person will choose a BMW over a Fix It Again Tony car.

ParadoX - 9/20/2013 12:44:48 AM

+1 Boost

I think you are wrong about that. The big story here is that the European economy is in the tank and only the wealthy can afford new vehicles.