Tuesday, July 3, 2007

June Auto Sales: DaimlerChrysler

Associated Press 07.03.07, 11:30 AM ET

DaimlerChrysler AG said Tuesday its June U.S. auto sales fell on reductions in demand for vehicles in both its Chrysler and Mercedes divisions.

DaimlerChrysler (nyse: DCX - news - people ) sold a total of 202,936 vehicles, down 1.8 percent from 206,748 in June 2006.

Adjusted for one additional selling day in June 2007 compared with June 2006, DaimlerChrysler sales fell 5.5 percent.

Sales of the automaker's U.S.-based Chrysler Group vehicles slid 1.4 percent to 183,347 from 185,946, while Mercedes division sales dropped 5.8 percent to 19,589 from 20,802 in the year-ago period.

So far this year, DaimlerChrysler sales are down 1.1 percent to 1.23 million vehicles from 1.24 million in the first six months of 2006.

Adjusted for two additional selling days in the first six months of 2007 compared with the same period of 2006, DaimlerChrysler sales fell 2.3 percent.

DaimlerChrysler shares rose 18 cents to $93.40 in morning trading.

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