Mercedes-Benz expects year-on-year U.S. sales growth

Article by Christian A., on August 27, 2010

In the next few months, Daimler AG's Mercedes-Benz premium auto unit expects year-on-year U.S. sales growth. In the next year, the company recognizes its potential to increase its US market share, according to an interview with US CEO Ernst Lieb. Mercedes had a 20% drop in its US sales so far this year.

However, it posted a 21.3% rise in US sales in October, its best month of the year to date.

It should be noted that the results from Mercedes followed the industry's best monthly performance of 2009 outside of months helped by the US government cash for clunkers incentives program.

US auto industry sales achieved a 10.46 million unit annualized rate in October, the best monthly performance of the year outside of "clunkers" fueled July and August results.

Lieb also said the industrywide sales atmosphere seems to be improving but he declined to say that the US market has turned a corner since it still is too early to make the call. At most, he'd say that it's "maybe some stabilization."

He said that the market has become a "little bit more predictable" at least from a dealer perspective. He added that people are "a little bit more willing to look at a new car and spending money." [via reuters]

Topics: mercedes-benz, sales

If you liked the article, share on:

Comments

Recommended

There is definitely a second-generation Super Series from McLaren. Even in camouflaged form, it is simply incredible. But while we still don’t have the full data on how truly dynamic...
by - February 25, 2017
A lot of fans are excited with the news that Porsche could be unveiling a performance version of its Panamera 4 E-Hybrid plug-in hybrid during the 2017 Geneva Auto Show. ...
by - February 25, 2017
Tesla is finally setting a more “definite” schedule with regards to the official launch of the Tesla Model 3 electric car. A “limited production” is said to be slated to...
by - February 25, 2017
Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries