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- Still, the automaker is a far cry from Tesla’s vehicle sales, with the Model Y leading sales in the U.S. and beyond. As the market heads into Q4, Tesla will also continue to ramp up production at its Gigafactory Texas facility opened earlier this year, and overseas at its other new factory, Giga Berlin. - Source: Internet
- The upper class segment is the best performing class in the US in the first half of 2022, with sales up 80% in an overall market down 18%. With 20,775 deliveries, it remains one of the smallest segments at 0.3% share. This is a clear result of automakers prioritizing production of high-margin products in supply constrained circumstances, but also the introduction of new electrified models and the launch of a new generation of the class leader. - Source: Internet
- Throughout the year, BMW and fellow German automaker Mercedes-Benz have been trading hands as the second best sellers in the luxury sector, behind Tesla. Mercedes had trailed BMW for over a year, then rallied in the second quarter to take the second-place spot. In Q3, however, BMW took back the lead. - Source: Internet
- Total premium-brand sales amounted to 539,807 units in the third quarter, for a 7.1 percent increase. Comparatively, the overall auto industry remained level in the quarter, showcasing the luxury sector’s growth over the year. - Source: Internet
- “We utilized our home field advantage,” said Shaun Bugbee, BMW North America’s head of sales. “Our inventory position will improve for Q4.” - Source: Internet
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