Lincoln Sales Rise, as Mercedes and BMW Flatten and Cadillac's Crash - 24/7 Wall St.
Last month, BMW Group sales dropped 0. 2% to 32,161. However, BMW sales include MINI. Its sales without that count rose 2. 1% to 26,970. For BMW, a small number of models caused the improvement, according to management:. Sport utility vehicles (SUVs) pulled sales higher , as the segment posted an improvement of 21. 3% over July of last year to 9,536. Lincoln car sales dropped 3. 6% to 3,186. Led by sharp improvements in MKC and MKX sales, SUV numbers were up 39.... Cadillac sales fell 7. 1% in July to 14,154 compared to July of 2014. The numbers would have been far worse if the performance of its SRX crossover were not so strong. Its sales grew by 46. 8% to 6,753. The SRX was Cadillac’s top-selling vehicle. ATS sales fell 38. 5% to 1,588. Sales of its CTS dropped 27. 5% to 1,515. Sales of the XTS dropped 32. 9% to 1,302. Cadillac management has run out of excuses. Even with a slowdown in Mercedes and BMW sales, raw numbers show the U. S. luxury brands still lag well behind. Source: 247wallst.com
