DaimlerChrysler has sold 21% more cars in northeast Asia in the first half of 2006 than a year earlier, helped by strong gains for its luxury Mercedes brand in China and South Korea.
DC sold 21,972 cars in the six-month period in China, Hong Kong, Macau, Taiwan and South Korea, compared with 18,111 a year earlier.
“For the first half of 2006, we increased sales in the region due to high demand for our flagship products,” Till Becker, DaimlerChrysler’s northeast Asia chief executive, said in a statement cited by the Reuters news agency.
Mercedes division sales in China jumped 37% in the first half while Chrysler sales soared 53%. Mercedes group sales in South Korea rose 40% while Chrysler sales climbed 53%.
Reuters noted that industry sales figures for June have indicated sales growth may slow in the second half of this year, partly because of higher fuel prices and for tax reasons – total June car sales in China climbed only 5.82% from a year earlier, the slowest annual rise so far this year.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData