Pursuits
Toyota’s Lexus Tops U.S. Luxury Sales for First Month Since May
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Toyota Motor Corp.’s Lexus, buoyed by consumer discounts, beat out Daimler AG’s Mercedes-Benz and Bayerische Motoren Werke AG’s BMW brand in October to lead monthly U.S. luxury-auto sales for the first time since May.
Lexus sales rose 8.1 percent to 21,091 vehicles, the Toyota City, Japan-based automaker said yesterday in a statement. On Nov. 2, BMW reported a 17 percent gain to 19,272 and Mercedes posted an increase of less than 1 percent to 18,351.