BMW’s Sales Speed Past Its German Rivals’ in November

BMW saw its sales jump 20% in November, driven by growth in Germany, China and the U.S. The German automaker sold more cars than the Mercedes-Benz or Audi brands. Its sales growth for the year so far also is outpacing that of i…

Luxury Carmakers Predict Strong Fourth Quarter

Luxury carmakers BMW and Mercedes-Benz forecast vigorous fourth quarter sales on growing demand from China.

BMW said it expects a “double-digit” percentage rise in fourth quarter deliveries, Bloomberg News said. Mercedes said it was “very confident” about continuing growth in the final three months of 2010.

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“We expect sales to increase particularly rapidly in Asia, especially in…

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Luxury Carmakers Predict Strong Fourth Quarter originally appeared on DailyFinance on Fri, 08 Oct 2010 07:15:00.

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Toyota to Offer Rebates on Lexus Models to Boost Sales

Seeking to boost sales of Lexus brand vehicles, Toyota plans to offer rebates of up to $3,000, as well as subsidized financing on certain models, company executives told a gathering of Lexus dealers from across the country this…

Ford May Shutter 200 Lincoln Dealerships

In a bid to better compete against European and Japanese luxury makes, Ford reportedly may seek to reduce the number of Lincoln dealerships in the U.S. Nearly 1,200 dealers sell Lincolns, five times more than sell Toyota’s Lexu…