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Daimler AG Reports a 25 Percent Decrease for the Mercedes-Benz Cars Division in the U.S. for October 2008

Tue, Nov 04, 2008

Daimler AG (stock exchange abbreviaton DAI) today reported sales for the Mercedes-Benz Cars division (Mercedes-Benz and smart combined) of 17,232 units in the U.S. for October 2008. All sales figures in this release are on an unadjusted basis unless otherwise noted.

Mercedes-Benz USA reported October sales of 14,996 vehicles, bringing the company's year-to-date volume to 192,294, a 5.3 percent decrease over the year-to-date record set last year.

Sales for the smart fortwo remain strong with deliveries totaling 2,236 for the month of October. This brings the year-to-date total to an incredible 20,392 units in less than ten months of being offered in the U.S. market. smart USA delivered its 20,000th smart fortwo in Dallas, Texas on October 30, 2008. The smart fortwo continues to be an attractive vehicle solution for American consumers in our value-oriented, environmentally responsible society. The smart fortwo offers a powerful combination of outstanding fuel efficiency, innovative safety, environmental friendliness and low cost of ownership. There are currently 73 smart centers open in 35 states.

Detailed vehicle sales information for MBUSA will be announced later today in a separate press release issued by Mercedes-Benz USA.

Daimler

Daimler AG, Stuttgart, with its businesses Mercedes-Benz Cars, Daimler Trucks, Daimler Financial Services, Mercedes-Benz Vans and Daimler Buses, is a globally leading producer of premium passenger cars and the largest manufacturer of commercial vehicles in the world. The Daimler Financial Services division has a broad offering of financial services, including vehicle financing, leasing, insurance and fleet management.

Daimler sells its products in nearly all the countries of the world and has production facilities on five continents. The company's founders, Gottlieb Daimler and Carl Benz, continued to make automotive history following their invention of the automobile in 1886. As an automotive pioneer, Daimler and its employees willingly accept an obligation to act responsibly towards society and the environment and to shape the future of safe and sustainable mobility with groundbreaking technologies and high-quality products. The current brand portfolio includes the world's most valuable automobile brand, Mercedes-Benz, as well as smart, AMG, Maybach, Freightliner, Sterling, Western Star, Mitsubishi Fuso, Setra, Orion and Thomas Built Buses. The company is listed on the stock exchanges in Frankfurt, New York and Stuttgart (stock exchange abbreviation DAI). In 2007, the Group sold 2.1 million vehicles and employed a workforce of over 270,000 people; revenue totaled euro 99.4 billion and EBIT amounted to euro 8.7 billion. Daimler is an automotive Group with a commitment to excellence, and aims to achieve sustainable growth and industry-leading profitability.

SOURCE Daimler AG

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