Mercedes-Benz sees a brighter 2010
Wednesday, November 11th, 2009
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Mercedes-Benz’s sales have been hit hard by the global economic meltdown, but the German automaker is calling for a sales uptick over the next few months. In fact, Mercedes expects to grow its U.S. market share next year.
Mercedes’ overall sales are down about 20 percent this year, but the luxury marque is calling for a steady sales growth over the next few months. Mercedes-Benz posted a 21.3 percent sales increase in October, marking the automaker’s best performance in 2009.
However, Mercedes isn’t ready to declare the U.S. market completely healthy. “I think it’s too early to say it’s turning,” Mercedes U.S. CEO Ernst Lieb told Automotive News. “At best I would say it’s maybe some stabilization.”
Despite that caution, Mercedes is still confident that it can grow its U.S. market share next year. The German automaker expects the U.S. market to account for 11.3 million sales next year, which would be enough volume for Mercedes to expand its U.S. presence.
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