Daimler AG (DAI) Reports U.S. July Sales Decline of 24%

August 3, 2009 11:54 AM EDT
Daimler AG (NYSE: DAI) reported sales for the Mercedes-Benz Cars division in the U.S. (Mercedes-Benz and smart combined) of 17,646 units, a decline of 24% compared to July 2008. All sales figures in this release are on an unadjusted basis unless otherwise noted.

Mercedes-Benz USA (MBUSA) today reported July sales of 16,228 vehicles. While July volume was off by 21.7% versus July 2008, the July sales were MBUSA's strongest so far this year and marked the third month of increasing sales momentum. The volume leaders for the month were the E, C, and GLK-Class with sales of 5,556, 4,450, and 1,809 respectively. On a year-to-date basis, the company sold 101,316 new vehicles, a decrease of 27.6% over the comparable period last year.

smart USA recorded 1,418 sales in July 2009, an increase of 27% versus June 2009, and its best month since March of this year. [SM]

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