Bloomberg News

Mercedes Withdraws From South Africa Vehicle Sales Report

January 09, 2012

(Updates with number of cars sold by Daimler unit in fifth paragraph.)

Jan. 9 (Bloomberg) -- Daimler-AG’s South African unit will not report domestic new-vehicle sales data to the local automakers’ group as the German company deals with an investigation into anti-competitive practices in Europe.

Mercedes-Benz SA (Pty) Ltd. will not participate in the domestic new-vehicle sales and export sales reporting, the National Association of Automobile Manufacturers of South Africa said in an e-mailed statement today. The group did not say how long Daimler would refrain from reporting data.

Daimler, based in Stuttgart, Germany, ordered the unit to stop providing figures as a commission in Europe investigates allegations of anti-competitive behavior in Europe, according to the statement.

“Naamsa understands that the global directive by Daimler AG is precautionary in nature,” the association said in a statement.

Mercedes-Benz SA sold 2,106 new vehicles in November, making it the sixth-largest automaker by sales in the country, according to Naamsa. It accounted for 4.2 percent of the 49,499 new vehicles sold in November.

The group is scheduled to release data for December at 12 p.m. Johannesburg time tomorrow. The median estimate of three analysts in a Bloomberg survey is for a gain of 8.5 percent from a year earlier.

On Daimler-AG News: DAI GR <Equity> CN <GO>

-- Editors: Hilton Shone, Emily Bowers

To contact the reporters on this story: Andres R. Martinez in Johannesburg at amartinez28@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net DAI GR <Equity>


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