Detroit News reports on the increased demand for luxury automobiles around the world, but with a lower request for premium vehicles in Germany.
In the first eleven months of the year, luxury sales were down 25.2 percent in Germany, while demand for BMW, Mercedes and Audi vehicles has increased especially in China and the United States.
Auto sales in Germany totaled 2.7 million vehicles through November. In the United States, premium segments are outpacing the overall market, which has expanded 11.1 percent so far this year. BMW sales are up 11.6 percent, Mercedes-Benz sales have increased 18.6 percent, and Volkswagen AG’s Audi brand is up 23.6 percent for the year through November, according to Autodata Corp.
China, another fast growing market for luxury automobiles, has expanded more than 40 percent this year with Audi continuing to remain the leader.
Nine of the 10 top selling luxury nameplates in China are German; the exception is Lexus ES, according to J.D. Power and Associates.
To maintain a steady production flow, BMW is keeping its Leipzig plant running through the year-end holidays.