Fast Cars
Despite the doom and gloom in Detroit, the luxury car sector is revving its engine. In July, Mercedes-Benz reported its highest monthly sales growth (16.7%) since 2006, with 21,065 cars sold. Still,
BMW outsold its competitor that same month by over 5,000 vehicles, an 11.7% increase from sales on year prior. BMW’s SAV, a midsize SUV starting at $37,000, led the pack, with sales up 56% in 2011. And the high-end Z4 Roadster was BMW’s third highest selling vehicle, up 92.4% in July from the previous month. U.S. News & World report named the Z4 one of the best luxury cars of 2011. The Z4 sells for between $47,450 and $62,500.
