Daimler US posts June sales decline of 26.5 percent for Mercedes-Benz and micro-cars

October 3rd, 2009 JALANDHAR - Luxury car maker Mercedes-Benz is hopeful of achieving good sales growth in India in the coming months despite stiff competition from rivals like BMW and Audi. "Last year we led India's luxury car segment with a 46 percent market share.

September 8th, 2009 NEW DELHI - Premium car manufacturer Mercedes-Benz India Tuesday launched its globally acclaimed third-generation truck Mercedes-Benz Actros 4841K in the country. The Actros is its largest selling truck model worldwide, the company said in a statement.

August 20th, 2009 NEW DELHI - Premium car manufacturer Mercedes-Benz India Thursday launched its special edition C-class model here. The petrol variant is priced at Rs.28.46 lakh and the diesel at Rs.31.3 lakh ex-showroom Delhi.

August 7th, 2009 BMW, Daimler see July deliveries declineFRANKFURT — Germany's Daimler AG and BMW AG said Friday that their worldwide car sales fell by more than 10 percent in July as the global economic downturn curbed demand for luxury autos. The BMW group, which includes the Mini and Rolls Royce brands too, reported a 13 percent year-on-year drop in cars delivered to 110,000 from 126,000 in July 2008.

August 3rd, 2009 July Auto Sales: DaimlerNEW YORK — German automaker Daimler AG said its sales in the U.S. fell by 24 percent in July, amid plunging sales of its Smart fortwo minicar and Mercedes-Benz luxury vehicles.

July 29th, 2009 Daimler posts $1.51 billion loss in second quarterBERLIN — German auto and truck maker Daimler AG said Wednesday it lost euro1.06 billion ($1.51 billion) in the second quarter as sinking sales from the recession and charges related to its stake in Chrysler weighed on the bottom line. But the result was better than analyst predictions and company shares rose.

July 29th, 2009 Daimler posts $1.51 billion loss in second-quarterBERLIN — Germany's Daimler AG said Wednesday that it lost €1.06 billion ($1.51 billion) in the second quarter as the recession hurt car and truck sales and the company took charges related to its stake in Chrysler. But the company saw signs of a turnaround and its shares rose.

July 15th, 2009 On 100th birthday, Audi weathering downturnBERLIN — Audi AG is marking its 100th birthday this week in a strong position, with well-heeled customers defying the downturn to snap up its luxury cars and fuel its ambitions of catching rivals Mercedes-Benz, BMW and Porsche. Audi celebrates its century on Thursday, with a gala event in its Bavarian home town of Ingolstadt that will feature luminaries such as German Chancellor Angela Merkel, Dallas Mavericks NBA player Dirk Nowitzki and eight-time Le Mans champion Tom Kristensen.

July 7th, 2009 Mercedes Benz Cars June sales decline 7 percentFRANKFURT — Carmaker Daimler AG's Mercedes-Benz Cars division saw 7 percent lower sales in June as the world recession continued to affect demand, the German company said Tuesday. The Stuttgart-based company said the Mercedes-Benz Cars group sold 111,300 passenger cars in June, compared with 119,300 in June a year ago.

July 7th, 2009 German luxury car makers see sales dips narrowFRANKFURT — German luxury carmakers BMW and Daimler said their June sales slipped lower from a year ago, but the overall decline slowed. Both companies said they were cautiously optimistic that market may start to improve sooner than later.

June 8th, 2009 BMW, Audi, Daimler: car sales down but not all badFRANKFURT — Three of Germany's leading carmakers, BMW AG, Audi AG and Daimler AG said Monday that sales fell in May compared to a year earlier, but noted that the slump in the auto market was not as bad as in previous months. The three said demand had rebounded in some countries, suggesting sales could continue to improve in the year ahead.

April 28th, 2009 Daimler reports 1Q loss of nearly euro1.3 billionFRANKFURT — German auto maker Daimler AG reported a big first quarter loss on Tuesday and doubled its cost-saving target for 2009 as the global economic crisis weighed heavily on demand for its cars and trucks. The net loss of euro1.29 billion ($1.7 billion) in the January-March period compared with a net profit of more than euro1.33 billion in the first quarter of 2008.

April 28th, 2009 Daimler reports 1Q loss of euro1.3 billionFRANKFURT — German car maker Daimler AG has reported a first quarter loss of nearly euro1.3 billion ($1.7 billion) as the world economic crisis weighs heavily on demand. The euro1.29 billion net loss reported Tuesday by Stuttgart-based Daimler contrasts with a net profit of more than euro1.33 billion in the first quarter of 2008.

March 20th, 2009 KOLKATA - Luxury car maker Mercedes-Benz India will enter the used car business by the year-end, a top official said here Thursday. 'We are currently working on launching the used car programme in India.

January 14th, 2009 NEW DELHI - Mercedes-Benz cars will become costlier in India next month when the prices will be raised due to the rising input costs and a depreciating rupee, the company said in a statement Thursday. 'Fluctuating input prices and adverse exchange rates have posed severe challenges for margins,' Wilfried Aulbur, managing director and chief executive, Mercedes-Benz India, said in a statement.