Mercedes Beats BWM in February

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By Douglas A. McIntyre Updated Published
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Mercedes Beats BWM in February

© courtesy of BMWUSA

In the race for the United States between the two largest German luxury car manufacturers, Mercedes won in February. Audi’s sales crept closer to the leaders.

Mercedes sales reached 25,210, down 0.2% for the month. BMW posted sales of 22,498, down 10.7%. Audi’s sales rose 2.3% to 11,718.

Mercedes management commented:

Mercedes-Benz volume leaders in February included the C-Class, GLE, and GLC model lines. The C-Class took the lead at 6,102, followed by the new GLE sales of 3,948. The new GLC rounded out the top three with an increase of 84.1% to 3,278 units sold.

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A closer looks at the numbers shows weakness across the Mercedes vehicles. Without strong sales of the GLC/GLK and GLE/M-Class, the manufacturer’s results would have been dismal. GLC/GLK rose 84.1% to 3,278. GLE/M-Class sales rose 19.1% to 3,948. The GLC class has a low entry-level price of $38,950. The GLE’s is $51,500. Sales of the C Class, which is a foundation of Mercedes sales, were 6,102, down 13.1%. It is another low-priced Mercedes, with a base price of $38,950.

As for BMW sales, management commented:

Notable vehicle sales include the BMW X1 which increased 60.2 percent, the BMW X3 which increased by 19.5 percent, and the BMW 2 Series which increased by 107.5 percent.

Those observations may be true, but X1 sales were only 1,418, and 2 Series sales were only 1,085. Both are entry-level models. The Z1 sport utility vehicle (SUV) has a base price of $34,800. The 2 Series base price is $32,850. Sales of more popular BMWs fell. 3 Series sales dropped 23.5% to 4,595. 5 Series sales also fell 23.5%, to 2,758. Sales of the popular X5 SUV shrank 7.4% to 3,842.

Each company says total sales are less important than profits per vehicle, but bragging rights do mean something.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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