Mercedes Aug Sales Very Solid -HVB >DCX

Thursday, September 07, 2006 8:14:53 AM ET
Dow Jones Newswires

1102 GMT [Dow Jones] | STUTTGART GERMANY - - Mercedes Group August global car sales are "very solid," says HVB's Georg Stuerzer. The main bright spot in the data is the favorable model mix, he says. Says the sales growth is largely attributable to sales of more expensive models, such as the S-class. Stuerzer says significant decline in sales at the Smart division is due largely to the discontinuation of production of the ForFour model. DaimlerChrysler (DCX.ETR) shares -1.4% at EUR40.01. (THL/HAD)