Luxury Carmakers Predict Strong Fourth Quarter
BMW said it expects a "double-digit" percentage rise in fourth quarter deliveries, Bloomberg News said. Mercedes said it was "very confident" about continuing growth in the final three months of 2010.
Luxury carmakers have seen rising demand this year, as consumers return to showrooms after cutting back during the financial crisis. BMW and Mercedes, a unit of Daimler AG (DDAIF), both forecast sales growth of 10% this year, while Audi, a unit of Volkswagen, is expecting record sales.