Mercedes Sales Clobber BMW in March

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By Douglas A. McIntyre Updated Published
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Mercedes Sales Clobber BMW in March

© courtesy of BMWUSA

While Mercedes March sales did not best arch-rival BMW by a large number, it clobbered BMW in growth, or lack thereof, in comparison to March 2015. Mercedes sales were 31,236 down 3.3%, while BMW sales collapsed 12.5% to 30,033. The BMW drop rate was worse than Volkswagen’s for last month.

The March patterns were close to those for the first quarter. Mercedes sales fell 0.8% to 83,009. BMW’s were off 10.0% to 70,613.

The most popular BMW models posted terrible performances. 3-Series sales fell 34.4% to 6,218. The model is among BMW’s least expensive, with an entry price of $33,150. Sales of BMW’s mid-priced sedan, the 5-Series, fell 38.1% to 3,157. The base price for the 5-Series is $55,200. And sales of the BMW flagship sport utility vehicle (SUV), the X5 dropped 17.6% to 3,617. The X5 entry price is $54,700.
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Mercedes performance was bolstered by models GLC/GLK, which are part of the manufacturer’s SUV lineup. The base price for the GLC is $38,950, putting it at the low end of Mercedes SUVs. Its sales were up 96.6% in March to 4,871. Sales of the mid-priced GLE/M-Class SUVs rose 17.6% to 4,730. The GLE has an entry price of $51,100. The health of these offsets sales of Mercedes sedans, which fell 12.8% for the C-Class to 6,658, and the E-Class that fell 18.7% to 4,095.

Mercedes and BMW managements say that they would rather have good profits per car than to win the annual unit sales crown for the United States. Nevertheless, in unit sales, BMW is getting murdered.

Photo of Douglas A. McIntyre
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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