Porsche is the leader among European brands in U.S. sales growth

Article by Christian Andrei, on August 29, 2010

Because of the onslaught of new products, about 50% of European brands surpassed the US market's 14% sales increase in June. Porsche was the most impressive, with its sales more than doubling.

Its growth was fueled by a new, V-6 version of the Panamera four-door sedan. Meanwhile, Daimler AG increased 20% in June and 18% for the first half.

Mercedes-Benz rose by 25%, as helped by the year-old E-Class sedan and new E-Class coupe. Smart didn't do well at all, with sales of the ForTwo micro car falling 48% in June and 61% for the first half.

Volkswagen brand's sales rose by 11% in June and 30% for the first half, as its sales were boosted by the Golf hatchback and the Jetta SportWagen.

Audi's sales rose by 14% in June, matching the industry's gain and giving the brand a record 48,440 sales for the first half. Johan de Nysschen, president of Audi of America, said that he remained "optimistic" that Audi would set a US record for the year.

He said that what's holding Audi back at this point is not having enough of the cars in stock to sell. BMW of North America's 12% increase gain marked its biggest for the year.

But for the six-month period, it gained 6%. In a statement, Jim O'Donnell, president of BMW of North America, said that it expects sales to increase this month as it will offer the all-new 5 Series into the market.

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