Seeking Alpha

China a bright spot for Mercedes-Benz in January

  • Daimler (DDAIF) reports global sales of Mercedes-Benz vehicles rose 15% to 109,477 in January.
  • Sales in China rose 45% to 24,199 which marks impressive growth after concerns cropped up on slowing demand from government hotshots.
  • In the U.S., sales were only up 0.6% amid an overall slow weather-impacted month.
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