Pursuits
Mercedes Jumps Out to Big Early Lead in U.S. Luxury-Car Race
- Even cars contribute to solid start for Daimler’s key brand
- BMW gains 0.1% while Toyota’s Lexus line plummets in January
Daimler CEO: Confident Cash Will Sustain Dividend
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Daimler AG’s Mercedes-Benz jumped out to an early lead in the race for U.S. luxury auto sales supremacy, posting a record January after winning the crown last year for the first time since 2013.
Mercedes sold 25,527 cars and light trucks in the U.S. last month, a 3.5 percent increase from a year earlier, according to a statement. Following a year in which premium car models lost market share to light trucks, the brand scored significant gains with sedans last month, as the C-Class jumped 27 percent and E-Class surged 49 percent.