Monday, March 12, 2012

Daimler says January auto sales rise 16 percent in January

Automaker Daimler AG said Wednesday that sales of its Mercedes-Benz cars helped the company increase global sales by 16 percent in January from the same time last year.

The Stuttgart-based maker of Mercedes-Benz, AMG, Maybach and Smart said it sold a record 90,400 cars last month compared with 77,700 sold in January 2007.

By brand, the company said it sold 82,300 Mercedes cars in January, up 12 percent from the 73,500 sold a year earlier, led by demand for its C-Class sedan and station wagon models. Demand was strong in the United States, where sales rose 7 percent to 18,300 cars from 17,100 in 2007. In Asia, Mercedes-Benz sales rose 19 percent to 11,700 cars. In Germany, the company's home market, sales were up 13 percent to 15,500 cars.

Sales of the Smart fortwo more than doubled to 8,000 sold compared with 3,400 in January 2007. The increase came as the company started selling the two-seater in the U.S. last month for the first time.

Shares of Daimler fell 1.2 percent to euro50.63 in Frankfurt.

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On the Net:

http://www.daimler.com

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