Mercedes is facing more difficult market conditions in Europe, even in its home market of Germany, as the euro crisis continues to bite. Sales of Daimler's luxury brand rose 0.9% to 121,542 vehicles worldwide last month compared with the same month a year ago, helped by strong increases in China, Russia and the United States.

But sales fell 4.3% in western Europe and 2.9% in Germany. For the first six months, sales rose 6.9% at 652,924, and Daimler says it is on track for record sales for the year.

The Mercedes marketing chief, Joachim Schmidt, cited "difficult market conditions in southern Europe" but pointed to stronger sales in the US. The company sold 7.6% more there in June and 15.9% more in the first six months.

News Source: www.guardian.co,uk

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