Lower Fuel Prices Not Slowing U.S. Car Sales At BMW

Passenger car sales in the United States are up just 1% as the overall industry has grown more than 5% through the first eleven months of 2014. America's two best-selling premium brands, however, are enjoying more encouraging passenger car numbers in 2014. Quickly decreasing fuel prices are not, as of yet, slowing car volume at BMW in the least.

BMW car sales are up 12% through the first eleven months of 2014 on the strength of the 3-Series and 4-Series, which account for more than six out of every ten BMW passenger car sales. As the chart's red line shows, the percentage of BMW's volume generated by cars was as low as 59% in March, as high as 77% in July and 76% in October, but slid back somewhat to 67% in November.

Mercedes-Benz car volume is up 4.4% this year, although the brand's cars tumbled 18% in October and 7% in November. Again, as the chart shows in the green line, Mercedes-Benz's SUVs and crossovers accounted for 36% of non-Sprinter Mercedes-Benz volume in March, a figure which rose as high as 38% in May and 39% in October but fell to 37% in November.

We were clear about the reasoning behind charts like this a week ago, so we won't go into the justification for displaying figures like these again. Are fuel prices a factor in pushing luxury SUV/crossover sales upward? Perhaps, but the numbers for these two top-selling luxury brands manifest little change.

And there are other contributing factors. Mercedes-Benz now sells their most affordable crossover, the GLA, which didn't go on sale until September, and the new C-Class is only just beginning to play a role. Meanwhile, X6 volume dried up in August, September, and October as BMW USA waited for the new model to arrive.

Timothy Cain is the founder of GoodCarBadCar.net, which obsesses over the free and frequent publication of U.S. and Canadian auto sales figures.

The post Lower Fuel Prices Not Slowing U.S. Car Sales At BMW appeared first on The Truth About Cars.

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