Mercedes-Benz is Number One Brand in U.S. Luxury Market
5 January 2000
Mercedes-Benz is Number One Brand in U.S. Luxury MarketMONTVALE, N.J., Jan. 4 -- Record-breaking sales of 189,437 new vehicles in 1999 boosted Mercedes-Benz into the position of the number one luxury automotive brand in the United States. The 1999 sales represent a doubling of the company's U.S. sales volume over a three-year period and marks the sixth year of consecutive sales gains. December sales of 19,118 were an all-time monthly high for MBUSA. Virtually all Mercedes-Benz model lines posted increases for the year with the E-Class, S-Class, M-Class and CLK lines achieving the highest annual volumes in their series' history. According to Paul Halata, president and CEO for MBUSA, "It's an extraordinary accomplishment when you consider the caliber of our competition. Equally important is the fact that we stand alone as the only automaker over the past six years to forego any type of rebates or incentives. Instead, we have chosen to invest back into the product and provide real value to our clients. Our sales success is a ringing endorsement of this strategy and how it has been carried to the marketplace by the MBUSA team and our retailers."