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Daimler AG (DDAIF)

- OTCPK - Current
  • Jul. 4, 2014, 8:13 AM
    • Global Mercedes-Benz (DDAIF) sales climbed 13% in the first-half of 2014, due to high demand in China and other Asian markets. Sales in June were up 8% compared to a year earlier.
    • Strong growth in Asian markets led China to report a 38% increase for the first six months of the year, accounting for 17% of the company's world-wide sales.
    • However, other markets attained more modest growth trends. Sales in the U.S. and Europe grew by approximately 7%, while Germany, Mercedes' home market, fell flat in the first-half of 2014.
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Company Description
The Daimler Group is one of the biggest producers of premium cars and the world's biggest manufacturer of commercial vehicles.