That's despite a drop in sales over the year.

In 2022 they fell almost 5% with Europe and China hard hit by supply chain troubles.

Deliveries in the U.S. were more stable though, and sales of electric vehicles more than doubled.

Sales at its ultra-luxury Rolls-Royce brand also hit a record.

All that was just enough to keep BMW in the lead over Mercedes.

It sold just over 2 million vehicles during 2022.

That was slightly down on a year before, though orders picked up strongly in the fourth quarter.

Sales of its high-end Maybach vehicles surged by more than a third.

Entry-level vehicles were hit hard, however, as they were the worst affected by supply-chain bottlenecks.

Tuesday (January 10) also saw a cautious outlook from Volkswagen.

It says 2023 looks volatile, though worries over part supplies are easing.

VW says SUVs remain the fastest-growing segment, accounting for 80% of all sales in the U.S.

That includes the Bentayga models made by luxury unit Bentley, which also posted record sales.