BMW Wins 2012 U.S. Luxury Car Sales Race
The luxury car sales race in the United States in 2012 was won by BMW, with Mercedes second and Toyota Motor Corp.'s (NYSE: TM) Lexus in third. The two American luxury brands, Ford Motor Co.'s (NYSE: F) Lincoln and General Motors Co.'s (NYSE: GM) Cadillac, did not make much of a showing.
According to Bloomberg:
Bayerische Motoren Werke AG (BMW)'s BMW sales surged 39 percent in the U.S. in December to top Daimler AG (DAI)'s Mercedes-Benz in luxury-auto deliveries for the year as U.S. light-vehicle sales reached the highest level since 2007. Enlarge image BMW Overtakes Mercedes With U.S. Auto Sales Best Since '07.
With a 72 percent increase in 5 Series deliveries last month, Munich-based BMW boosted its annual total by 14 percent to a record 281,460, edging out Mercedes for a second straight year.
Filed under: 24/7 Wall St. Wire, Autos, Retail Tagged: F, GM, TM