Log in to your IBTimes Account

close
ID
Password

Mercedes-Benz Cars 1H sales up 8 percent



By GEORGE FREY, AP
04 July 2008 @ 03:46 pm EST

FRANKFURT, Germany - German carmaker Daimler AG said Friday that sales for its Mercedes-Benz Cars unit were up 8 percent to a record in the first half of the year.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
DAI 29.94 0.04

SYMBOL LOOKUP

Deliveries of Mercedes-Benz, AMG, smart, and Maybach brand vehicles set a sales record of 668,100 units, compared to 617,700 units in the first six months of 2007, the Stuttgart-based company said in a statement.

The Mercedes-Benz brand on its own also posted a record from January to June, with sales rising by 4 percent to 599,200 vehicles compared to 575,700 units last year.

During the first six months as a whole, Mercedes-Benz recorded sales growth in all regions.

In the Asia-Pacific region, the company sold 76,600 vehicles to customers, 17 percent more than the 65,800 vehicles delivered in the first half of 2007. In the U.S., sales rose by only 1 percent to 119,300 units compared with 118,200 units in the first half of 2007.

"The large number of our updated models has met with a great customer response," said Klaus Maier, executive vice president for sales and marketing at the division.

"We expect the introduction of the updated A- and B-Class models, the new CLC as well as the GLK compact SUV, starting this autumn, to create new sales momentum in the second half of the year," Maier said.

Despite the weak development of the Western European automobile markets in general, Mercedes-Benz deliveries in Western Europe also increased by 1 percent from the previous year in the first six months of 2008 to 344,000 units compared to 340,400 units during the first half of 2007, the statement said.

Deliveries also rose in Germany, increasing by three percent to 153,100 vehicles compared to 148,900 vehicles in the year ago period.

___

On the Net:

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Industries
Shares of Beacon Roofing Supply Inc. rose Wednesday, a day after reporting unexpectedly strong fourth-quarter results. An analyst boosted his earnings es...
Among the earnings projection stories for Wednesday, Dec. 3, from AP Financial News: SAN FRANCISCO (AP)--Del Monte Foods Co., which distributes food and ...
Moody's Investors Service lowered Republic Services Inc.'s senior unsecured rating Wednesday but kept it at the investment grade level, citing the compan...

Advertisement
Build Business Credit for your company with NO PERSONAL GUARANTEES!

Building your business and corporate credit for your small business.

Los angeles web design

Get your next web design project done with our los angeles web design team - Best web design with great price.

Reach emerging Latin American markets!

Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives