Advertisement
Canada markets open in 6 hours 3 minutes
  • S&P/TSX

    22,290.62
    +31.15 (+0.14%)
     
  • S&P 500

    5,187.70
    +6.96 (+0.13%)
     
  • DOW

    38,884.26
    +31.99 (+0.08%)
     
  • CAD/USD

    0.7270
    -0.0016 (-0.22%)
     
  • CRUDE OIL

    77.57
    -0.81 (-1.03%)
     
  • Bitcoin CAD

    85,596.80
    -1,839.02 (-2.10%)
     
  • CMC Crypto 200

    1,292.54
    -2.13 (-0.16%)
     
  • GOLD FUTURES

    2,320.60
    -3.60 (-0.15%)
     
  • RUSSELL 2000

    2,064.65
    +3.97 (+0.19%)
     
  • 10-Yr Bond

    4.4630
    -0.0260 (-0.58%)
     
  • NASDAQ futures

    18,205.50
    +6.00 (+0.03%)
     
  • VOLATILITY

    13.23
    0.00 (0.00%)
     
  • FTSE

    8,345.10
    +31.43 (+0.38%)
     
  • NIKKEI 225

    38,202.37
    -632.73 (-1.63%)
     
  • CAD/EUR

    0.6764
    -0.0007 (-0.10%)
     

Mercedes-Benz Cars 2014 sales up 11.4 percent to 1.74 million vehicles

Mercedes-Benz's new Sport Utility Coupe concept car G-Code is seen at its unveiling event during the opening ceremony of Daimler AG's Mercedes-Benz research and development (R&D) centre in Beijing November 3, 2014. REUTERS/Kim Kyung-Hoon (Reuters)

FRANKFURT (Reuters) - Daimler , maker of Mercedes-Benz and Smart-branded cars, said deliveries rose 11.4 percent in 2014, to a record 1,739,854 cars, thanks to a 30 percent sales jump in China and 25 percent higher registrations of Mercedes compact cars. For Mercedes, it marks the fourth year of record sales in a row, thanks to demand for its expanded range of compact cars including the CLA coupe, the GLA compact sports utility vehicle, as well as the new C-Class and S-Class limousines. The Mercedes-Benz brand posted record deliveries in every month of 2014, the company said. Sales of its compact vehicle range grew by 25 percent to 463,152 vehicles of the A-, B-, CLA- and GLA-Class. Sales of Smart-branded cars fell 11 percent as an old model was phased out. (Reporting by Edward Taylor; editing by Thomas Atkins)