FRANKFURT -(Dow Jones)- Daimler AG (DAI) said Tuesday that sales at its core Mercedes-Benz Cars division were down 13% on the year in August at 73,200 vehicles as demand for luxury cars remained weak.
"We expect sales to be on a higher level in the coming months, in part because of the new E-Class station wagon," said Mercedes-Benz sales chief Klaus Maier.
"We ... expect sales to receive a further boost from the new generation of the S-Class...In August we also introduced the vehicle in China, which is meanwhile the world's biggest market for the S-Class," Maier said.
MAIN FACTS:
- Mercedes-Benz Group August sales -13% on year at 73,200 cars.
- Mercedes-Benz Group January-to-August sales -17% on year at 711,300 cars.
- Mercedes-Benz Brand August sales -12% on year at 66,200 cars.
- Mercedes-Benz Brand January-to-August sales -18% on year at 632,700 cars.
- Smart Brand August sales -24% on year at 7,000 cars.
- Smart Brand January-to-August sales -13% on year at 78,600 cars.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
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