Tag: Global Sales

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global sales BMWGlobal sales of BMW Group’s core brand rose faster in June than at Audi and Mercedes-Benz. This upturn is the result of demands from China and the United States, and they helped the premium carmaker to extend a lead over the two rivals in the first six months of the year.

Sales at the brand were up 9 percent last month to 153,075, the group said today, compared with growth of 5 percent to 140,300 and 8 percent to 131,609 at Audi and Mercedes respectively.

Six-month sales at BMW brand rose 8 percent to 804,000 cars, expanding the lead over runner-up Audi to 24,000 from 11,000 after five months. Half-year sales at Audi and Mercedes rose 6 percent each to 780,500 and 694,000 respectively. In other words, BMW extends global sales and leads over Audi and Mercedes this year.

“BMW has stronger momentum [...]

Car Inventories RiseToyota and Honda are experiencing inventories rise!

Joseph Spak, A report of RBC Capital Markets reveals this important information.

In his report, he says that the Toyota Camry and the Honda Civic — the top-selling mid-size and compact cars in the U.S.,– face risks of production reduction as inventories of the models rise.

Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June. Similarly, Honda carried about 25 days more Civics than usual.

For this reason, Camry and Civic were the only models on risk for reduced output among 16 of the top-selling vehicles in the U.S. market.

General Motors Co., Ford Motor Co. and Chrysler Group LLC share in the first six months of 2013. This is the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and [...]

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