BERLIN (Reuters) - BMW reported record sales last year on strong demand for its sport-utility vehicles and the overhauled 1-Series compact but was outsold by Mercedes-Benz, keeping the order in the three-way German luxury sales race unchanged.
Sales of BMW brand models rose 4.2 percent in 2017 to 2.09 million passenger cars and SUVs, the Munich-based carmaker said on Friday, compared with a 9.9 percent gain to 2.29 million at Mercedes, which claimed the top spot in global luxury-car sales rankings for a second year.
Registrations at Volkswagen's Audi premium division edged up 0.6 percent to a record 1.88 million cars, it said on Friday, benefiting from a 34-percent December surge in China, the brand's largest market.
BMW, which had kept the global luxury sales crown for about a decade before slipping behind Mercedes in 2016, said deliveries were fuelled by a 9.6 percent gain for its SUV lineup and a 15 percent increase for the 1-Series.
(Reporting by Andreas Cremer; Editing by Maria Sheahan and Edmund Blair)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)