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Mercedes-Benz leads in U.S. luxury-car race

02 Feb 2017
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Mercedes-Benz leads in U.S. luxury-car race

Daimler AG’s Mercedes-Benz jumped out to an early lead in the race for U.S. luxury car sales supremacy, posting a record January after winning the crown last year for the first time since 2013. Mercedes sold 25,527 cars and light trucks in the U.S. last month, a 3.5 percent increase from a year earlier. Following a year in which premium car models lost market share to light trucks, the brand scored significant gains with sedans last month, as the C-Class jumped 27 percent and E-Class surged 49 percent.

 

 

Dietmar Exler, chief executive officer of the Atlanta-based U.S. unit, claims that is the strong start they look for following a record year. The German automaker also took the global sales title from BMW AG’s namesake line last year. Daimler’s rivals weren’t as fortunate last month. BMW increased sale just 0.1 percent to 18,109, while Toyota Motor Corp.’s Lexus plunged 26 percent to 15,572. The results exclude BMW’s Mini cars and Daimler’s work trucks and Smart cars, because they aren’t luxury vehicles.

 

 

Volkswagen AG’s Audi continues to close the gap against the “big three” atop the U.S. luxury market. The brand reported an 11 percent sales gain to 13,201 vehicles, powered by more than 30 percent increases for the A4 car models and Q5 and Q3 crossovers. Mercedes and its independent retailers had constructive dialogue about how to build on last year’s results.

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