Executive Auto, the world’s biggest luxury auto brand, announced Tuesday that it sold a record 5 million cars last year.
The number of cars sold in the U.S. was 4.1 million, making it the world champion luxury brand.
The company, which started in 2007 with the launch of the BMW M3 and the Porsche Panamera, has become the top-selling luxury brand in the world by selling about 7.4 million cars in the past decade, making the brand the largest luxury brand overall.
Executive Auto’s sales include both the flagship model the M3 SUV and the luxury cars that go with it, the new Porsche Panameras, the BMW 5 Series, and the Mercedes S-Class and Audi A8.
It is not yet clear how much of the new cars are new.
In addition to the flagship vehicles, the company sold a slew of premium vehicles that go along with its premium brands.
Its luxury cars sold a combined total of 3.1m in the United States last year, up from 1.5m the previous year, while its new premium cars sold 3.9m, up nearly 8,000 from the previous fiscal year.
This year, Executive Auto announced that it would sell 2 million more vehicles globally than last year’s total.
“We are now in a position to reach the target we set last year,” Executive Auto CEO Steve Schumacher said in a statement.
“The pace of growth is accelerating, as our luxury brands are now more profitable and sales volumes are growing at an unprecedented rate.
CEOs are now focusing on creating new value for our brands and the business and are aggressively investing to expand our brand presence in China, Europe, Latin America, and beyond.
We will continue to do everything in our power to be at the forefront of innovation and create new value in our luxury brand offerings.”
It is not clear what the new vehicles will cost or how many of them will be built domestically.
This is the second year in a row that executive auto sales have been on a rapid upward trajectory.
In 2013, Executive auto sold more than 5 million vehicles globally, according to the company.
During the first quarter of this year, the U,S.
luxury market reached a new all-time high of 1.4 billion cars, and Executive Auto said it sold more new luxury cars than it did during the first three quarters of 2014.