Daimler Forecasts Deliveries to Grow 'Significantly'
Dec. 7 (Bloomberg) -- Daimler AG, the world’s second-largest maker of luxury cars, said the Mercedes-Benz Cars unit’sfourth-quarter sales will rise “significantly” following thebiggest gain in monthly deliveries this year.
Demand for Mercedes-Benz E- and S-Class sedans boostedsales 16 percent in November to 98,400 cars and sport-utilityvehicles from 84,500 a year earlier, the Stuttgart, Germany-based company said today in a statement.
“We further expanded our position and gained additionalmarket share,” Joachim Schmidt, head of sales for Mercedes,said in the statement. An E-Class station wagon that arrived inshowrooms on Nov. 21 is “a big hit” with customers and willprovide “additional sales momentum.”
Daimler is targeting savings of as much as 5 billion euros($7.4 billion) this year as it seeks to recover from the worstauto-industry crisis in decades. Chief Executive Officer DieterZetsche aims to boost Mercedes-Benz’s profit by introducingsmall cars and cleaner engines faster than competitors.
Deliveries of the full-sized E-Class sedan, which wasupdated earlier this year, doubled to 15,700. The top-endS-Class posted a gain of 35 percent to 5,500 vehicles. Sales ofthe Smart minicar fell 3.8 percent in November to 9,800.
Eleven-month group sales declined 12 percent to 1.16million vehicles as the global recession hurt demand earlierthis year. Mercedes-Benz Cars’ monthly deliveries rose for thefirst time this year in October.
Mercedes-Benz sales in China almost tripled to 8,700vehicles, surpassing growth at Bayerische Motoren Werke AG, theworld’s largest maker of luxury cars. The Munich-basedmanufacturer of BMW and Mini vehicles sold 8,470 cars last monthin China, said Markus Sagemann, a spokesman.
To contact the reporter on this story:Chris Reiter in Berlin at creiter2@bloomberg.net
Last Updated: December 7, 2009 07:05 ESTSource: Bloomberg
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