Mercedes upbeat on sales | Bangkok Post: business

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Mercedes upbeat on sales

Local unit gains 12% sales growth so far

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Mercedes-Benz (Thailand), the local unit of the German luxury car maker, has defied the country's tepid car market and economic doldrums with sales growth of 12% to 6,100 vehicles in eight months. 

"Despite the dismal car market, we expect the [overall] luxury car segment to grow 5-10% this year to 20,000 vehicles," said president and chief executive Michael Grewe.

Mr Schulz presents the sporty five-seater CLS Shooting Brake, which carries a price tag of 5.09 million baht.

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