This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Mercedes, Buick Sales Rise as Drivers Upgrade

DETROIT ( TheStreet) -- Luxury vehicle sales numbers are often like the cars themselves -- pretty from afar, but gaudy and overblown upon further inspection. February's tally was no different.

After delaying car purchases and curbing spending during the economic recession, consumers are peeling out of dealerships inside new Buick, Mercedes and Infiniti models. Except for Toyota's namesake brand, U.S. sales of luxury cars rose last month at most automakers.

A quick look at the numbers reveals the vehicles living the high life and the cars whose Champagne tastes outstrip their Coors Light demand.

General Motors

Buick ran down its upscale competitors as sales jumped 47%, including a 163% boost from its LaCrosse sedan. Cadillac posted a 32% gain despite flagging sales from each of its mainstay sedan models. If not for significant gains by two Escalade SUV models and a more than 540% sales spike by its SRX crossover, Cadillac's sales would seem as dried up as the Corvette's, which dropped by more than a third.


Sales of Toyota's (TM - Get Report) Avalon fell 65% from 2,100 a year ago to just 732 last month. While sales of Toyota Land Cruisers and FJ Cruiser SUVs fell, Lexus-brand SUV sales rose 5.8% as sales of GX models nearly tripled.

Lexus managed a 5.2% increase overall, though a 4.5% jump in car sales was fueled by its LS, the only model to report gains last month.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
F $14.97 -0.13%
HMC $32.72 0.68%
TM $122.60 -0.71%
AAPL $112.12 2.39%
FB $93.24 0.83%


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs