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DaimlerChrysler Sales Up 4.7% in November

cnbc.com
Friday, 1 Dec 2006 | 12:41 PM ET

DaimlerChrysler reported that U.S. auto sales rose 4.7% in November compared with the same period a year ago amid a strong showing by its Mercedes-Benz luxury brand.

Sales at the company's Chrysler Group rose 2.9% from November 2005 to 164,556, while Mercedes-Benz sold 22,079 vehicles, its third highest performance and a 21% jump from a year ago.

Overall, DaimlerChrysler said U.S. sales were 186,635 in the month. More detailed figures for Chrysler and Mercedes-Benz were to be released later in the day.

The auto industry as a whole may look a little better last month because November 2005 was relatively weak. Customers avoided car showrooms a year ago despite easing gas prices and deep discounts amid worries about high heating costs and other factors.

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