The Top Selling Luxury Cars in America

24/7 Wall St.

2013-Cadillac-CTScoupeThe top 12 luxury brands accounted for only 10.8% of total U.S. car sales through the first 11 months of this year. But these lines are important to the companies that own them because the profits on luxury cars tend to be higher than for other models. U.S. car companies ruled the domestic luxury market for decades. Mercedes-Benz USA was not formed until 1965, while Toyota Motor Corp.’s (NYSE: TM) Lexus brand was not launched until 1989.

Click here to see the nine top selling luxury car brands in America

However, it did not take long for foreign manufacturers, many of which now have U.S. factories, to overwhelm the sales of American luxury car brands — which are down to General Motors Co.’s (NYSE: GM) Cadillac and Ford Motor Co.’s (NYSE: F) Lincoln. Neither is a major player in a segment that is dominated by…

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By Nicholas Maithya Posted in Reviews

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