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Mercedes' global sales climb twice as fast as BMW in Q1

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Old 04-12-16, 12:17 PM
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spwolf
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Post Mercedes' global sales climb twice as fast as BMW in Q1

MUNICH (Bloomberg) -- Mercedes-Benz boosted sales twice as fast as BMW in the first quarter, moving the brand closer to clinching the lead in the world's luxury-car market for the first time in a decade.

The Daimler luxury unit's brand deliveries soared 13 percent worldwide to 483,487 vehicles through March, data from the automaker showed last week, compared with a 6 percent increase to 478,743 cars for BMW Group's namesake brand, announced in a statement today.

Sales of third-placed Audi rose 4 percent to 455,750 in the first three months, the Volkswagen Group unit said in a statement today.
Mercedes was also helped in the first quarter by a 26 percent increase to more than 150,000 of its compact cars such as the A class.
http://www.autonews.com/article/2016...t-as-bmw-in-q1
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Old 04-12-16, 04:01 PM
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comparing rates of increase is lame statistics designed for PR purposes. as stated, mercedes sold 483487 vehicles compared to bmw's 478743, which means mercedes sold slightly less than 1% more vehicles than bmw, hardly reason for a press release.
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Old 04-12-16, 05:35 PM
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Originally Posted by bitkahuna
comparing rates of increase is lame statistics designed for PR purposes. as stated, mercedes sold 483487 vehicles compared to bmw's 478743, which means mercedes sold slightly less than 1% more vehicles than bmw, hardly reason for a press release.
lol... increase % is important number in any business. If you are increasing your sales twice as much as your competitors, you will overtake them in sales...

Article is about MB being well positioned to be #1 luxury manufacturer in the world for the first time in a decade.
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Old 04-12-16, 08:42 PM
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Originally Posted by spwolf
lol... increase % is important number in any business. If you are increasing your sales twice as much as your competitors, you will overtake them in sales...
Depends where you're starting from and how long.

Subaru's sales have had breakneck 'increases' each month and year but I don't think Toyota (ok bad example because they have a stake in subie) or Honda loses sleep about Subaru's sales levels.
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Old 04-13-16, 04:38 AM
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Originally Posted by bitkahuna
Depends where you're starting from and how long.

Subaru's sales have had breakneck 'increases' each month and year but I don't think Toyota (ok bad example because they have a stake in subie) or Honda loses sleep about Subaru's sales levels.
The difference is Harald Krueger is losing sleep over MB's sales increases. The pressure is on over in Munich and he's getting hammered by investors. They weren't particularly impressed by his recent investor presentation.

BMW will be fine of course, they're in the midst of launching their own product onslaught with the G platform vehicles.
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Old 04-13-16, 10:04 AM
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Originally Posted by TangoRed
The difference is Harald Krueger is losing sleep over MB's sales increases. The pressure is on over in Munich and he's getting hammered by investors. They weren't particularly impressed by his recent investor presentation.

BMW will be fine of course, they're in the midst of launching their own product onslaught with the G platform vehicles.
Of course... it is very important to be #1, that's why CEO's and management get hired, to be #1, not to lose #1 place to someone else.
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Old 04-13-16, 01:26 PM
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So ... MB sold 4,744 more vehicles than BMW in the first quarter of 2016. Good for them!

Rest of it is PR and sales BS One could interpret that 4,744 as 0.01% more sales for MB compared to BMW.
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Old 04-13-16, 01:43 PM
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They probably want to know about how the competitors are doing, but shouldn't they care more about their performance, profit and operating expenses? Doesn't matter if they sell cars twice as many as BMW, if they don't make money, they are out of business.
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Old 04-13-16, 03:27 PM
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Originally Posted by cino
They probably want to know about how the competitors are doing, but shouldn't they care more about their performance, profit and operating expenses? Doesn't matter if they sell cars twice as many as BMW, if they don't make money, they are out of business.
yes of course... but since these manufacturers are so similar, it is all tied in. So Daimler had 9 billion in operating profit last year while BMW had 6 billion.
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Old 04-13-16, 03:56 PM
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Daimler does a lot more than build cars. i believe they have a stake in Airbus for one thing.

and being '#1' only means something if they're very similar companies, which they aren't.

don't see bmw with a successful line of vans and trucks?
http://www.mbvans.com/sprinter/home
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Old 04-13-16, 04:56 PM
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Originally Posted by bitkahuna
Daimler does a lot more than build cars. i believe they have a stake in Airbus for one thing.

and being '#1' only means something if they're very similar companies, which they aren't.

don't see bmw with a successful line of vans and trucks?
http://www.mbvans.com/sprinter/home
The pressure on Harald is regarding passenger car sales specifically.
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