Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (64584)	7/6/2010 4:40:28 PM
From: elmatador	Respond to of 219648

Daimler Mercedes-Benz Brand Sales Rise 13% in June. The article points to the rest of the world taking over the slack. Daimler Mercedes-Benz Brand Sales Rise 13% in June July 05, 2010, 9:33 AM EDT By Tom Lavell. July 5 (Bloomberg) -- Daimler AG, the world’s second- largest luxury carmaker, said sales at its main Mercedes-Benz brand rose 13 percent last month as the E-Class sedan attracted buyers and demand in China almost tripled. Mercedes-Benz sold 113,300 cars and sport-utility vehicles compared with 100,300 a year earlier, Stuttgart, Germany-based Daimler said today in a statement. Six-month deliveries jumped 15 percent to 556,700 vehicles. Daimler is targeting China, which passed the U.S. as the world’s largest automobile market in 2009, with an extended version of the E-Class, its first model designed specifically for the country. Mercedes-Benz’s Chinese deliveries surged to 13,700 vehicles in June from 4,900 a year earlier, Daimler said today. Sales rose 83 percent in India, 76 percent in Russia and 73 percent in Brazil. “We are in an excellent position to do well in the months ahead, and plan to continue Mercedes-Benz’s success with a significant increase in the third quarter,” Joachim Schmidt, sales chief of the Mercedes-Benz Cars division, said in the statement. Six-month E-Class sales rose 62 percent, with demand for the station-wagon version more than doubling, Daimler said. Deliveries of the top-of-the-line S-Class jumped 51 percent in June and 29 percent in the first half. Including the two-seat Smart city-car brand, sales at Mercedes-Benz Cars rose 11 percent in June and 12 percent in the first half. An updated Smart model, to be presented to the media this month, will help the brand, Daimler said. --With assistance from Oliver Suess in Munich. Editors: Robert Valpuesta, Ken Wong. To contact the reporter on this story: Tom Lavell in Frankfurt at tlavell@bloomberg.net. To contact the editor responsible for this story: David Risser at drisser@bloomberg.net