Mercedes-Benz USA (DAI) Reports 11.6% Increase in July Sales

August 1, 2008 12:43 PM EDT

Mercedes-Benz USA (MBUSA) (NYSE: DAI) reported sales of 20,733 new vehicles for July 2008, an 11.6% increase over last July. This brings the year-to-date total to 140,012 units, marking a 2.3% increase over the same period last year and setting the new record for MBUSA year-to-date sales.

Both the C-Class and E-Class model lines posted gains of 45.4% and 53% increases respectively. Other highlights for July sales include an 8.9% sales increase in CLK-Class coupes and cabriolets, and an 28.1% increase for the full-sized GL-Class SUV. As a group, sales of Mercedes-Benz passenger cars rose 17.8% for the month (15,239 vs. 12,936 units).

Separately, through the Mercedes-Benz Certified Pre-Owned program, MBUSA marked a 17.2% increase for July sales with 5,175 vehicles sold, bringing year-to-date sales to a total of 36,533 units, an increase of 19.9% over the same period in 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.[SM]

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