06 Jan '12, 2pm

BMW tops Mercedes for US luxury car sales crown

DETROIT - BMW grabbed the top spot in the US luxury auto market last year, edging out Daimler's Mercedes-Benz brand, as both German automakers took advantage of inventory problems for Toyota Motor's Lexus lineup, according to company figures issued on Thursday. The BMW brand sold 247,907 vehicles in 2011, up 13 per cent from the previous year. Mercedes-Benz brand sold 245,231 vehicles, also up 13 per cent. BMW's surge ended the streak of 11 years for Lexus as the top-selling luxury brand in the US market. Lexus was third in 2011, selling 198,552 vehicles, a drop of 13 per cent. Toyota and Lexus sales suffered from the effects of last March's earthquake and tsunami in Japan. Toyota officials projected on Wednesday that Lexus' 2012 US sales will increase by more than 20 per cent. REUTERS

Full article: http://www.todayonline.com/Business/EDC120106-0000152/BMW...

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