10-07-2020, 12:35 PM | #1 | |
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Q3 Results: BMW Down 16%, Lexus Outsells the Germans and Takes 2nd in Total Sales
Interesting results for the 3rd Quarter sales given the current pandemic.
So far for total sales during 2020, Mercedes (excluding Sprinter vans) leads the pack by ~15,000 cars, Lexus edges out BMW for second with a lead of ~2,000, BMW takes third, and Audi remains in fourth. Quote:
10012020_-_Q3_2020_BMW_of_NA_Sales_Results_-_FINAL_.pdf 201001_Q3_2020_BMW_Group_US_Sales_Chart_ (1).pdf |
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10-07-2020, 12:58 PM | #2 |
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The good news is that we got some new grills that everyone loves, which will clearly help them turn this around.
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10-07-2020, 01:11 PM | #3 |
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10-07-2020, 02:54 PM | #4 |
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I've heard the supply chains of the European automakers got hit harder.
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10-07-2020, 03:07 PM | #5 |
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Im not sure why they even manufacture X2, X4, and X6.
They look like complete crap and sale figures speak for themselves. Should be scrapped from production. |
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10-07-2020, 03:18 PM | #6 | |
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I do wonder if the X4/6 bring in more money for BMW since despite their sales numbers are smaller, they cost about $5k more than their more "traditional" counterparts on which they are based on, and likely have similar build costs. |
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10-07-2020, 03:30 PM | #7 | |
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on another note, rear brake caliper looks like it came from Geo Metro thx for info ... wonder how P is doing |
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10-07-2020, 03:30 PM | #8 | |
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10-07-2020, 03:32 PM | #9 |
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Better be careful or
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10-07-2020, 03:37 PM | #10 | |
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Here's Porsche Q3 sales. 718 seems to have improved by a small margin (has been struggling since new generation), Cayenne is up, likely due to greater availability of new generation models, and Taycan surprisingly is the best selling car in the lineup. Panamera is still struggling, and Macan sales are down but most of the losses seem pretty normal due to the pandemic, but overall still able to stay 5% up. |
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10-07-2020, 03:40 PM | #11 |
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With only one more quarter left, I wonder if Lexus will be able to maintain its overtaking of BMW. Last year BMW was able to beat MB for the US sales crown by a small amount (however SEC findings may reveal that those sales were faulty) but this year they may drop from 1st to 3rd if inventory stays scarce and sales for Lexus (mainly the RX, NX and ES) stay strong.
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10-07-2020, 03:42 PM | #12 | |
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10-07-2020, 03:46 PM | #13 | ||
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I wonder if the Cayenne didn't exist how things would have been considering Porsche was in big trouble financially years ago. |
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10-07-2020, 03:52 PM | #14 | |
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10-07-2020, 04:51 PM | #15 |
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Hard to believe Lexus outselling BMW-what products do they even have?
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10-07-2020, 04:56 PM | #16 |
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These vehicles are based on their more "SUV" like siblings so they don't cost much to develop and BMW is still able to turn a profit on them.
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10-07-2020, 04:56 PM | #17 | |
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Their customers don't care about having the fastest car, or best handling or even impressive technology. Lexus customers return for the impressive quality, reliability, resale, and dealer/service experience. To many, piece of mind ownership is the top priority in a car, and Lexus/Toyota remains a synonym for reliability and quality in the automotive industry after having proven themselves for decades. |
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10-07-2020, 05:57 PM | #18 |
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I live in an RX hot spot. There's. So. Many. Of. Them.
I have been seeing more and more x5/7, but nowhere near what the Lexus have been for years. Not a ton of GS/LS either, mostly RX and IS. |
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10-07-2020, 06:01 PM | #19 |
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Same here, my neighborhood is literally just GLC's, Model 3's, X5's and RX's. Everyone and their mother has one of these cars
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10-07-2020, 10:37 PM | #20 |
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Interesting in my view:
- 2020 YTD BMW sales of pre-owned are less unfavorable than new car sales. Agrees with what we are reporting on this site relative to used car pricing. - Panamera sales are down. It's a relatively new platform that people seem to like. What's up? - Cayenne sales are up. It's a new platform that people seem to like. Makes sense. @jstein55 do you have the Benz sales by model for 2020 YTD? I haven't seen it cross the mbworld site. |
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10-07-2020, 10:43 PM | #21 |
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I don't have the report, I just quoted Bloomberg who has the total sales numbers. I believe Benz posts them later in the month weirdly, but I trust the information by Bloomberg to be accurate.
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10-07-2020, 11:49 PM | #22 |
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