08.07.2020 Mercedes-Benz Daily Analysis
Daimler AG (DE:
DAIGn) is coping with the coronavirus pandemic’s disruption to the U.S. luxury-car market better than its German rival, registering half the magnitude of sales decline BMW AG sustained in the first half of the year.
Sales at Daimler (OTC:
DDAIF) AG’s luxury brand fell 14% in the first six months compared with BMW’s 28% plunge. After posting much better second-quarter numbers on Wednesday, Mercedes leads BMW by almost 18,000 vehicles.