Mercedes-Benz hits sales record

Mercedes-Benz announced increased sales in the first nine months of the year, at 4.7%, compared to the same period in 2011, selling 1.04 million cars.

The automotive group which includes the brands Mercedes-Benz, smart, AMG and Maybach notes, also in September, an increase of 2.4% over the same month in last year, selling 132,606 units.

"So we are on track to reach a new record level of total sales at the end of this year," said sales director at Mercedes, Joachim Schmidt.