Wednesday, May 4, 2011

Daimler car sales up 7.7% on China demand

FRANKFURT - GERMAN carmaker Daimler said its passenger car business sold 7.7 per cent more vehicles in April, helped by continued tough demand for luxury cars in China.

We continue to be hopeful about the second quarter, during which we want to boost sales above last year's level,' Mercedes-Benz Cars sales chief Joachim Schmidt said in a statement on Wednesday.

Vehicle sales in China, including Hong Kong, jumped 47 per cent to a record level of 16,536 units. In the United States, where the largely car market grew 18 per cent in April, Mercedes-Benz sales edged up 2.3 per cent.

Rival BMW earlier said it expected US sales to persist growing while Chinese demand would slow this year.

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