Smart and Mercedes-Benz bring good profit

Vehicle sales at Daimler AG's premium Mercedes-Benz Cars division increased by 3.5 percent in March to 131,500 million units, helped by its workhorse Mercedes-Benz C-Class model and its Smart minicar.

Photo: Smart and Mercedes-Benz bring good profit

Smart and Mercedes-Benz bring good profit

That brought sales in the first quarter to 318,700 units, a gain of 11.1 percent, the German carmaker said on Friday.

Sales of the Mercedes-Benz brand alone fell 2.9 percent in March to 119,400 units, but rose 13 percent when adjusted for the number of working days, it said in a statement. Deliveries at its Smart brand leapt 194 percent to 12,100 units in March.

Daimler AG is a German car corporation and the world's thirteenth largest car manufacturer. By revenue it is the largest German company. Daimler produces cars and trucks under the brands of Mercedes-Benz, Maybach, Smart, Freightliner and many others.

Mercedes-Benz is a German brand of luxury and high-performance automobiles, buses, coaches, and trucks. Mercedes-Benz has, over the years, introduced many of the technological and safety features that have become common in modern vehicles.