DETROIT (Reuters) - Mercedes-Benz expects to lose its lead in the U.S. luxury market to German rival BMW , which is expected to be aggressive in its incentive strategy this month. The automakers have been in a tight race for the top spot in the competitive U.S. luxury market, with Mercedes slightly ahead of BMW by about 2,000 vehicles through November. But a top Mercedes executive said on Thursday that the luxury nameplate will likely fall back, even as it posts record U.S. sales of more than 270,000 for the year. ...
Source: http://news.yahoo.com/meet-chuck-hagel-likely-secretary-defense-191347660.html
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