BMW Rides X3 to U.S. Luxury Sales Lead

Bayerische Motoren Werke AG (BMW)’s BMW brand last month increased its lead in the U.S. luxury automotive sales race with deliveries rising 19 percent on continued high demand for the X3 sport-utility vehicle.

Sales of the redesigned X3, which hit U.S. showrooms in January, rose to 1,853 in September from 146 a year ago, contributing to the SUV’s almost four-fold increase to 19,167 so far this year, the Munich-based automaker said yesterday.

“It’s very well received,” said Jesse Toprak, an industry analyst with TrueCar.com, a website that tracks auto sales. “It was one of the better executed redesigns we’ve seen in the luxury segment in a long while.  Read More

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