In July, Mercedes sold 31,796 cars and light trucks in the United States, up 7.1%. BMW sold 25,777, down 4.4%. The two companies say profitability is more important than unit sales. One would expect each company makes money on every sale, making the comment useless.
As is true with most car companies, a few models drive success. In the case of Mercedes, it was the GS/GL, the sales of which rose 52.1% to 2,670; the GKC/GLK, the sales of which rose 47.2% to 3,411; and the GLE-M Class, up 14.6% to 4,412. All three are sport utility vehicles (SUVs).
In the case of BMW:
Notable vehicle sales include the BMW 7 Series which increased 31.3 percent, the BMW 2 Series which increased 66.1 percent, and the BMW X1 which increased 79.1 percent.
2 Series sales reached 1,708 in July. 7 Series reached 1,203, while X1 sales reached 1,320. Sales of the important X5 SUV, which usually help sales, fell 54.4% to 2,744.
In 20 Years, I Haven’t Seen A Cash Back Card This Good
Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. Our top pick today has pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.