Mercedes-Benz Sales Increase by 16%

December 7, 2009

(ChattahBox)—Even during a recession, there is a market for luxury vehicles. Daimler AG, the maker of Mercedes-Benz Cars, says that demand for the luxury vehicles is increasing and the company is forecasting that fourth-quarter sales will rise “significantly.” The increased demand for the firm’s Mercedes-Benz E- and S-Class sedans increased sales by 16 percent for November.

The base invoice price of a 2009 Mercedes-Benz E-Class E350 Luxury Sedan without any extras, is $49,476. And enough customers have come up with the cash to provide Daimler AG with a big boost in sales.

Daimer AG, like many car manufacturers, has been reeling from a severe global downtown in auto sales. Group sales for the past 11 months declined by 12 percent to just 1.16 million vehicles. But in October, the luxury car manufacturer began to see the first signs of recovery.

For the month of November, the firm sold 98,400 cars from the line of Mercedes-Benz E- and S-Class sedans.

Joachim Schmidt, head of sales for Mercedes released a statement saying, “We further expanded our position and gained additional market share.” He expects the new E-Class station wagon to be a “a big hit” with the firm’s customers.

The CEO of Daimler AG, Dieter Zetsche, plans to further increase profits by making smaller and faster cars that are also environmentally friendly.

Source


Comments

3 Responses to “Mercedes-Benz Sales Increase by 16%”

  1. Stephen on December 12th, 2009 4:19 am

    The new facelift S Class look good with the runing led lights.
    However I do not like th E Class design.

  2. ETFs Propped Up By Gains in the Auto Industry | ETF Trends on December 12th, 2009 5:01 pm

    […] AG (NYSE: DAI), maker of Mercedes-Benz Cars, says luxury vehicle demand is on the rise, according to ChattahBox. Joachim Schmidt, head of sales for Mercedes, recently stated, “we further expanded our […]

  3. RodriguezDenise on April 22nd, 2010 2:09 pm

    It is understandable that money can make us disembarrass. But what to do when one doesn’t have money? The one way is to get the business loans or just short term loan.

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