Daimler Sees Increased Sales, Strong Chinese Demand

Dec. 7, 2009
China is now the group's fourth biggest market.

Daimler said on Dec. 7 that November sales gained 16% on a 12-month basis owing to strong demand for Mercedes-Benz cars and rising Chinese demand.

The group's Mercedes division posted sales of 98,400 vehicles.

The positive result owed in part to growth in the so-called BRIC nations, particularly in Brazil and China, it added.

Daimler sold 8,500 cars in China last month, "almost three times as many as in the previous month," and a total of 59,150 in the 11 months from January through November, for a rise of 68% the company said. China was now the group's fourth biggest market.

Global sales slipped by 11.8% over the 11-month period to 1.02 million cars however, Daimler said, owing to a heavy slump in sales early in the year.

Sales of Mercedes-Benz own brand cars rose by 19% at 88,600 cars in November, with the E-Class and new S-Class models drawing lots of attention.

The group also sells Smart city cars, sales of which slipped by 3.8% in November, and Maybach limousines.

Overall sales improved last month by 7.3% in Western Europe, and by 9.1% in the U.S.

Looking ahead, Daimler forecast "fourth quarter sales clearly above the level in the same period a year earlier."

Copyright Agence France-Presse, 2009

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2017. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!