* Audi sales up 4.2 pct to February record 122,550 cars
* Two-month deliveries up 7.4 pct to record 260,250 cars
* BMW sales expected next week (Adds comparisons, detail on models, and background)
BERLIN, March 8 (Reuters) - Audi outsold German rival Mercedes-Benz for a second month in February as the Volkswagen division benefited from its revamped model lineup.
Sales in February rose 4.2 percent to 122,550 luxury cars and sport-utility vehicles (SUVs), a record high for the month, Audi said on Sunday, fuelled by demand for the new-generation A3 compact series and revamped A6 saloon.
January and February combined sales were up 7.4 percent to a record 260,250 vehicles on strong demand from China, Germany and the United States, its top three markets, Audi said.
Stuttgart-based Daimler last week posted record February deliveries of 120,270 vehicles for its core Mercedes-Benz division, up 14.6 percent from a year earlier to bring its two-month tally to 246,135 autos.
Ingolstadt-based Audi last month introduced revamped versions of its A1 compact and Q3 SUV to Europe and will later this year launch new generations of its top-selling A4 model and flagship Q7 SUV.
Luxury-sales champion BMW is expected to publish its February deliveries next week.
Audi will publish full-year results on March 10. (Reporting by Andreas Cremer; editing by Jason Neely)