Skip to main content

Market Overview

Mercedes-Benz Cruising Past BMW In 2016

Mercedes-Benz Cruising Past BMW In 2016

Daimer AG's (OTC: DDAIF) Mercedes-Benz is crushing its German competitor BMW (OTC: BMWYY) in 2016.

The release of September car sales figures saw BMW US down 5.2 percent to 29,413 units. BMW is reeling from a fall off of passenger car sales, falling 17 percent in the month that has seen waning demand for its 3 and 5 series models.

Related Link: Morgan Stanley Says To Sell Auto Cycle Rallies, Fails To Locate Value

Meanwhile, Mercedez-Benz saw a 3 percent uptick in U.S. sales in September, with 33,075. While the company's C-Class and S-Class models experienced sales declines in the month, its mid level E-Class/CLS models saw an 8 percent increase in September.

From a year-over-year growth perspective, Mercedes-Benz is beating one of its top competitors, with a 1 percent gain on the year, vs. a whopping -8.8% decline in year-to-date sales for BMW.


Related Articles (DDAIF + BMWYY)

View Comments and Join the Discussion!

Posted-In: BMW Mercedes-BenzNews Retail Sales Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at