BMW falls To Audi and Mercedes-Benz both outsold BMW in January, bumping the world's best-selling luxury car brand from its No. 1 position for the month.Audi took the top spot in January with global vehicle sales rising 10 percent to 137,700. Mercedes brand was No. 2 with a 14 percent gain to 125,865. BMW brand failed to keep pace with sales increasing 6.3 percent to 124,561.
"This looks like a pretty significant decline in growth compared to Mercedes and Audi," said Juergen Pieper, a Frankfurt-based analyst with Bankhaus Metzler. "I think this will continue during the next few months."
Read Article