BMW
X1 / X2
forum
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BIMMERPOST Universal Forums General BMW News and Cars Discussion Mercedes-Benz Becomes Top Luxury Car Brand in the US, BMW falls to third behind Lexus

Post Reply
 
Thread Tools Search this Thread
      01-07-2017, 11:58 PM   #1
The Automotive Enthusiast
Retired BMW Genius
The Automotive Enthusiast's Avatar
United_States
2955
Rep
3,404
Posts

Drives: 2018 Audi S5 Coupe
Join Date: Apr 2010
Location: DMV

iTrader: (1)

Mercedes-Benz Becomes Top Luxury Car Brand in the US, BMW falls to third behind Lexus

Quote:
There?s a new No. 1 luxury car in America. In 2016, Mercedes-Benz (DAI) out-sold all other luxury car brands to become the top-selling brand in that category.

Changing market sentiment is the cause of Mercedes-Benz?s victory, according to Business Insider. Previously, luxury car brands, also called Tier 1 brands, made up the bulk of their sales from coupes and sedans. However, recent auto sale trends in America show growth primarily in the crossover and SUV markets. (See also: AutoNation Numbers Confirm U.S. Auto Sales Slump.)

Business Insider reports that only five of the 31 non-crossover/SUV luxury vehicles available in America experienced sales growth in 2016. Three of the vehicles were made by Audi AG (NSU) and two were made by Bayerische Motoren Werke AG (BMW).

On the flip side, Mercedes-Benz and Lexus (TM) offer popular crossover and SUV models, says Business Insider. Mercedes-Benz?s GLC SUV sales increased by 71.6 percent in 2016 and Lexus?s SUV sales increased by 12.5 percent.

Unfortunately, Mercedes-Benz, Lexus and BMW all suffered from a decline in overall sales in 2016. According to Business Insider, BMW?s overall sales were down 9.5 percent for the year, thanks to a decline of more than 20 percent in the sales of each of its 3-series, 4-series and 5-series vehicles.

Of the Tier 1 brand sales, Mercedes-Benz finished in first place with 340,237 vehicles sold in 2016. Lexus remained in second place with 331,228 vehicles sold and BMW fell from first place in 2015 to third place in 2016 with only 313,174 vehicle sales.

The only Tier 1 brand to experience sales growth in 2016 was Audi, which sold 210,213 vehicles for a firm fourth place finish.
http://www.investopedia.com/news/mer...n=fb_main_page

Regarding Audi's volume, also mentioned in the article, how did a company that lied to customers and lost BILLIONS grow? It's a rebadged VW for the God sake!
Appreciate 0
      01-08-2017, 09:31 AM   #2
mkoesel
Moderator
United_States
7545
Rep
19,366
Posts

Drives: No BMW for now
Join Date: Jun 2006
Location: Canton, MI

iTrader: (1)

Quote:
Originally Posted by Mo@BMWofFairfax View Post
Regarding Audi's volume, also mentioned in the article, how did a company that lied to customers and lost BILLIONS grow?
Simply because they had more volume to give in their SUV manufacturing facilities. BMW didn't, so they paid the price.

The diesel scandal was far enough away from most Audi buyers' radar that it had little impact of them choosing an Audi SUV - which are typically highly regarded save for the Q3 which is average at best.

Quote:
It's a rebadged VW for the God sake!
If they were literally that, sales would reflect it. These are luxury vehicles which match the competition feature for feature. People do not care about parts sharing, they care about wether the product provides the premium experience which Audi does well.

Even still, they are over 100k sales off the top three, so clearly the company still has work to do in establishing the brand cache.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:37 AM.




u11
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST