- Sales of luxury cars in the U.S. are up 7.1% Y/Y through July, according to segment data from Wards Auto.
- The solid sales growth comes ahead of what is typically the high-demand part of the year.
- New model roll-outs slated for the fall and winter include the BMW X4, Cadillac Escalade, and Porsche Macan.
- Related stocks: GM, F, TM, OTCPK:FIATY, HMC, OTCPK:NSANY, TSLA, OTCQX:VLKAY, OTCPK:DDAIF, OTC:HYMLF, OTCPK:BAMXY, OTC:KIMTF, OTCPK:MMTOF, OTC:PEUGF, OTC:RNSDF, TTM.
Auto watch: Solid demand in luxury segment
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