Purpose

I will try my best to provide detailed info on various cars and what is like to live with them, I have already produced a few for Jaguar-car-forums, I will do my best to be unbiased, but it will be hard for some cars. I will re-produce press releases and copy from other motoring news.

Wednesday 9 October 2013

Mercedes-Benz gained ground against larger premium-car competitors BMW and Audi last month

Mercedes-Benz gained ground against larger premium-car competitors BMW and Audi last month as the introduction of the CLA coupe helped demand almost double for the company's compact models.

Sales by the Mercedes brand rose 16 percent from a year earlier in September to 143,000 cars and SUVs. That beat an 8 percent jump at BMW brand and a 10 percent gain at Audi.

BMW, Audi and Mercedes are all targeting record global deliveries in 2013, seeking to attract buyers with new vehicles such as the CLA, the BMW 4-series coupe and the sedan version of Audi's A3 compact. Audi and Mercedes are competing to overtake BMW as the world's biggest premium-car seller by the end of the decade.

"Mercedes is getting some tailwinds from its model cycle," said Frank Biller, a Stuttgart-based analyst at LBBW. "The young products are pushing sales."

Daimler's Mercedes probably also improved profit margins in the third quarter, reducing the gap with competitors earnings, he said.

Nine-month sales by Mercedes jumped 10 percent to 1.06 million cars and SUVs.

BMW brand's deliveries in September totaled 158,000, pushing the nine-month figure up 9 percent to 1.21 million. Audi reported an 8 percent nine-month increase to 1.18 million. Mercedes's sales in the period amounted to 88 percent of BMW's, narrowing the gap from 87 percent a year earlier. Audi's sales difference with BMW widened to 98 percent from 99 percent.

The companies are focusing expansion in the growing auto markets of China, the United States and South America to make up for a sixth straight drop in annual industry wide sales in Europe.


Nine-month Chinese deliveries rose 21 percent at Audi and 20 percent at BMW, while increasing 8 percent at Mercedes, which is revamping its sales network in the market.

Compact demand

Global growth at Mercedes was propelled by a 91 percent sales surge of compact models in September as the company added the four-door CLA to new versions of the A- and B-class models, Daimler said in a statement last week. Mercedes is expanding in the segment with the small GLA SUV due in the showrooms early next year. The carmaker also revamped the up-market E-class sedan in April.

Deliveries of BMW's 3-series car lineup increased 28 percent in the first nine months of the year, the company said today. A Gran Turismo version of the 3 series went on sale in June. The company is also introducing diesel-powered models of the car in the U.S., where it began selling an all-wheel-drive version in 2012. Demand in China was boosted by a stretched 3 series that entered showrooms in June 2012. The carmaker also began sales of the 4 series, which shares underpinnings with the 3 series, in September.

BMW plans a new generation of the X5 SUV, built at BMW's plant Spartanburg, South Carolina, which is scheduled to enter dealerships in November.

"We have been able to keep our European sales on a similar level year-on-year, and once again reported major gains in the U.S. and Asia," Ian Robertson, BMW's head of sales and marketing, said in today's statement. "We are therefore well on our way to another increase in deliveries for the full year 2013 and a new sales record."

A3 Sedan

Audi is counting on further gains after the A3 sedan reached the European market in September. The VW unit will begin selling the model in China in the second quarter of 2014. Audi predicts that the car will be the most popular variant of the A3 line, which also includes hatchback and convertible models.

"The two main drivers of why the German luxury carmakers are so successful are internationalization and the broadening of the model lines," said Marc-Rene Tonn, a Hamburg-based analyst with Warburg Research.

The three carmakers are all expanding production in China, the world's biggest automotive market, and taking steps to begin vehicle assembly in Brazil to tap into the growing number of affluent consumers in South America's biggest economy. Mercedes will begin assembling the mid-sized C class and the GLA at a new plant in Iracemapolis, Brazil, in 2016. The move will follow BMW's production start next year in Brazil's southern state of Santa Catarina at a plant with capacity to build least 30,000 vehicles annually. Audi has said it will build the A3 sedan and Q3 SUV in the country.

"I expect BMW to remain the No. 1 luxury carmaker for another couple of years," said Frank Schwope, a Hanover, Germany-based analyst with NordLB. "They already have an advantage and it's very likely that they will retain the lead, even if the gap to Audi and Mercedes might decrease."

Read more: 

No comments:

Post a Comment

Please leave a message, I will verify them swiftly, Sorry to have to do this now as some twat keeps spamming my message system, unfortunately they are ignorant and spoil it for everyone else,

Note: only a member of this blog may post a comment.