Mercedes Loses Ground to BMW, Audi in European Luxury-Car Sales

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Daimler AG’s Mercedes-Benz division failed to keep pace with Bayerische Motoren Werke AG’s namesake brand and Volkswagen AG’s Audi as the automaker dropped to third in European luxury-car deliveries last month.

Mercedes-Benz’s sales in Europe fell 2.5 percent to 50,855 cars and sport-utility vehicles in October, while Audi’s gained