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BMW hits 2017 sales record but Mercedes keeps lead

Reuters  |  BERLIN 

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 ...

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First Published: Fri, January 12 2018. 16:41 IST