Filed under: Car Buying, Sedans/Saloons, Daimler, Mercedes-Benz, Earnings/Financials

With sales of the Mercedes-Benz S-Class down 23 percent in the United States, and off nearly 12 percent worldwide, Daimler officials are showing concern. The luxurious S-Class is the most profitable model in the lineup, contributing up to an estimated 25 percent of Daimler's pre-tax profits, the drop is getting painful. With the exception of the new C-Class (up 38 percent), overall sales for the German automaker have fallen in the first six months of the year. In response, Daimler is diverting shipments of vehicles to China and Russia as those emerging markets have yet to see a slowdown.
[Source: Automotive News, subs. req'd]

Read | Permalink | Email this | Comments
</img>
</img> </img>


More...