NEWS

Mercedes beats BMW, Audi in September as China Sales Rise

Tuesday, Oct 13, 2015

Mercedes-Benz was the world’s top luxury-car brand for the third consecutive month in September, surpassing BMW and Audi as demand for coupe-like SUVs helped its sales grow twice as fast as at either competitor.

Deliveries at the Daimler AG luxury unit rose 16 percent to 188,400 cars last month, compared with 180,500 BMW-brand autos and 170,900 at Audi. A bevy of sport utility vehicles, including the new GLC and GLE and the GLA, have put the Mercedes brand on course to outsell Audi for the first time since 2010, said Tim Urquhart, a London-based analyst for IHS Automotive.

China has helped make the difference for Mercedes, which is locked in a three-way battle with BMW AG and Audi for No. 1 in the world’s luxury-car market. Mercedes sales there soared 31 percent this year through September, thanks in large part to new models such as the small SUVs. That compares with a 2 percent gain for BMW and nearly level sales for Audi. A stock market rout and cooling economic growth have combined to leave Chinese customers wary of buying new cars.

“What’s encouraging to see is volume growth for all three carmakers in China, not only for the month of September but for the year so far,” said Marc-Rene Tonn, a Hamburg-based analyst with Warburg Research. “This shows that perhaps concerns for China were overblown.”
BMW’s sales climbed 12 percent in September in China, while Audi’s sales rose 2.9 percent. Mercedes sales in the country rose 53 percent.

BMW was the last of the three companies to report monthly sales. During the first three quarters, its global deliveries rose 5.8 percent to 1.4 million cars, followed by Mercedes with a 15 percent gain to 1.38 million vehicles and Audi with a 3.8 percent gain to 1.35 million. BMW will probably still keep a slim lead this year, selling some 1.9 million cars compared to 1.8 million for Mercedes, IHS estimates.

Audi’s rise was its strongest since the beginning of the year, despite its parent company Volkswagen AG having been embroiled in a diesel emissions-rigging scandal since Sept. 18.

 

bloomberg.com

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