BMW November sales up 5.9 percent, Mercedes poised to overtake

Markets Reuters

  • Copyright Reuters 2016

    (Copyright Reuters 2016)

  • Copyright Reuters 2016

    (Copyright Reuters 2016)

Daimler's Mercedes-Benz is on track to overtake rival BMW to take the title of the world's biggest luxury carmaker, sales figures for November released on Monday showed.

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November sales of BMW branded luxury cars were up 5.9 percent to 177,740 taking year-to-date sales to 1,824,490. By contrast Mercedes-Benz passenger car sales were up 12.7 percent to 182,602 increasing year-to-date sales to 1,893,619.

Sales of BMW's core brand reached 1.91 million in 2015 on strong demand for sports utility vehicles like the X5, the 11th year in a row the Munich-based carmaker clinched the title in 2005.

Mercedes sold to 1.87 million cars in 2015, compared with 1.80 million luxury vehicles sold by Volkswagen's Audi .

(Reporting by Edward Taylor; Editing by Christoph Steitz)