Mercedes-Benz USA (DAI) Reports 16.4% Decline in September Sales

October 1, 2008 1:38 PM EDT

Mercedes-Benz USA (MBUSA) (NYSE: DAI) reported September sales of 18,779 vehicles, bringing the company's year-to-date volume to 177,298, a 1.6% decrease over its year-to-date record set last year.

C-Class model line set a record for September sales with 6,772 units, an 11.9% jump over the 6,052 C-Class units sold last September.

On the SUV side, the volume leader was the M-Class which continued to demonstrate gains with a sales increase of 1.1% for September sales (2,981 vs. 2,948 units).

Separately, through the Mercedes-Benz Certified Pre-Owned program, MBUSA sold 4,973 vehicles in September, an increase of 13.3% over September 2007.

Daimler AG, formerly DaimlerChrysler AG, is the ultimate parent company of the Daimler Group, which develops, manufactures, distributes and sells a range of automotive products, mainly passenger cars, trucks, vans and buses. It also provides financial and other services relating to its automotive businesses. The Company operates in four segments: Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services and Vans, Buses, Other. [SM]

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