Car giant DaimlerChrysler sold 21 per cent more cars in north east Asia in the first half of 2006 than a year earlier. The performance was helped by strong gains for its luxury Mercedes brand in China and South Korea.
DaimlerChrysler - the world's fifth largest car maker - sold 21,972 cars in the six-month period in China, Hong Kong, Macau, Taiwan and South Korea, compared with 18,111 a year earlier.
Till Becker, DaimlerChrysler's northeast Asia chief executive said: "For the first half of 2006, we increased sales in the region due to high demand for our flagship products."
In China, the Mercedes division saw sales jump 37 per cent in the first half, while sales at the company's Chrysler arm surged 53 per cent.
In South Korea, Mercedes group sales rose 40 per cent during the period and Chrysler sales were up 53 per cent.
Other car companies have also reported robust first-half sales in China, the world's second largest auto market. General Motors Corp. saw its China sales surge 47 per cent to 453,832 vehicles during the period, while Volkswagen moved 345,375 vehicles, up 32.2 per cent.
However, industry sales figures for June have indicated sales growth may slow in the second half of this year, partly because of higher fuel prices and for tax reasons.
Total June car sales in China climbed only 5.82 per cent from a year earlier, the slowest annual rise this year.