SPARTANBURG, SC – The BMW brand is an exception to generally flat sales in the luxury-car segment this year, says Tom Purves, chairman and CEO of BMW U.S. Holding Corp. “We’re 3% ahead of the 270,000 units we sold last year,” Purves reveals at a press preview here for the second-generation X5 cross/utility vehicle, which goes on sale in the U.S. next month. A nationwide slowdown in real estate values may be a factor in soft luxury-vehicle sales, he says, noting, “the luxury-car market ...
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