Mercedes-Benz sales skyrocket

|By:, SA News Editor

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.