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Daily News Briefs: July 9, 2012

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In other news:

  • Audi chief executive Rupert Stadler told Reuters he expects Audi to overtake BMW as the world’s top luxury carmaker “by 2020 at the latest.”
  • Mercedes-Benz maintains a clear U.S. sales lead among luxury brands, however. With the highest first-half sales figures in its 47-year history, the German brand extended its lead past second-place BMW, the Detroit News reports.
  • Despite a strong yen sapping profits and curtailing production of cars in Japan, Toyota aims to keep building most of its Lexus luxury division in Japan, Automotive News reports.

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Kelsey Mays

Former Assistant Managing Editor-News Kelsey Mays likes quality, reliability, safety and practicality. But he also likes a fair price.

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