luxury car sales

Luxury Carmakers Predict Strong Fourth Quarter

Luxury carmakers BMW and Mercedes-Benz forecast vigorous fourth quarter sales on growing demand from China. BMW said it expects a "double-digit" percentage rise in fourth quarter deliveries, Bloomberg News said. Mercedes said it was "very confident" about continuing growth in the final three months of 2010.

Toyota to Offer Rebates on Lexus Models to Boost Sales

Seeking to boost sales of Lexus brand vehicles, Toyota plans to offer rebates of up to $3,000, as well as subsidized financing on certain models, company executives told a gathering of Lexus dealers from across the country this week.

Ford May Shutter 200 Lincoln Dealerships

In a bid to better compete against European and Japanese luxury makes, Ford reportedly may seek to reduce the number of Lincoln dealerships in the U.S. Nearly 1,200 dealers sell Lincolns, five times more than sell Toyota's Lexus nameplate, the nation's leading luxury brand.