Mercedes-Benz widens global lead

Mercedes-Benz widened its global luxury-car sales lead in the first half of the year, setting back BMW chief executive Harald Krueger’s effort to reclaim the segment’s top spot.

Mercedes-Benz widens global lead

The Daimler brand sold 1.14m cars in the six months through June, 14% more than a year earlier, on soaring demand for its revamped E-Class saloon and trendy sport utility vehicles. BMW, which is only beginning to expand its SUV offering and renew an aging lineup of saloons, lagged behind with a 5.2% gain to 1.04m vehicles.

Even though BMW says it is putting profit before volume, Mr Krueger has vowed to win back the luxury-car sales crown with the biggest product offensive in the company’s history. Last year, Mercedes overtook BMW for the first time in more than a decade with a fresh lineup and some all-new models, including the GLC coupe SUV, that have attracted younger buyers.

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