AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

imageBERLIN: Carmaker BMW has racked up its highest-ever November sales, beating Audi and Mercedes-Benz, but the two German rivals remain on course to narrow BMW's lead in the global luxury car market.

Deliveries by BMW's namesake brand rose 6.2 percent last month to 158,953 cars and sport-utility vehicles, the company said on Wednesday, citing strong demand in core European markets and China.

By comparison, Volkswagen's flagship Audi division sold 146,250 models, reporting an 11 percent gain on year-ago levels, while Daimler AG's Mercedes-Benz increased deliveries 13 percent to 150,742.

It was the second time this year that Mercedes-Benz, the third-largest luxury automaker by sales, beat Audi in monthly deliveries.

BMW is heading for a 10th straight year of leading the global luxury auto sales charts, but Germany's top three premium brands are closing ranks.

Munich-based BMW's overall 2014 sales lead over Audi has shrunk by a fifth to 43,000 cars after 11 months, compared with 54,000 at the same time a year ago.

Mercedes-Benz, which was eclipsed as top-selling luxury brand by BMW in 2005 and slipped into third place behind Audi in 2011, has narrowed its annual gap to BMW by 17 percent this year to 147,000 cars, compared with 177,000 a year ago.

"Premium demand looks set to remain strong as Mercedes has rejuvenated its fleet and Audi will start doing so next year," said Stefan Bratzel, head of the Center of Automotive Management think-tank near Cologne. "There will be no let-up in the luxury competition."

Copyright Reuters, 2014

Comments

Comments are closed.