UPDATE 1-Mercedes-Benz Cars sales rise 11.8 pct in Oct
(Adds details from statement, background, share price)
FRANKFURT Nov 7 (Reuters) - Daimler's (DAIGn.DE) premium Mercedes-Benz Cars division's October sales rose 11.8 percent to 114,600 units, helped by the new Mercedes-Benz C-Class sedan and the two-seat Smart minicar, it said on Wednesday.
That brought sales in the first 10 months of the year to a record of nearly 1.06 million units, a gain of 1.9 percent.
Mercedes-Benz Cars, formerly called Mercedes Car Group, comprises the Mercedes-Benz, Smart and Maybach brands.
Sales at the Mercedes-Benz brand alone advanced 10.3 percent in October to 103,900 units. C-Class sales more than doubled to over 30,000 units, keeping it the global market leader in its segment, the company said.
More than 130,000 C-Class sedans have been delivered to customers since the vehicle was launched at the end of March 2007. A station-wagon version is set to maintain sales momentum.
Sales of the Smart minicar brand jumped nearly 29 percent to 10,700 units. Sales of its new two-seat model, the only model it still makes, soared 92 percent from a year earlier.
Daimler shares fell 1.6 percent to 73.08 euros by 1053 GMT, while the DJ Stoxx European car sector index .SXAP retreated 1.9 percent.
(Reporting by Michael Shields, editing by Will Waterman)
((michael.shields@reuters.com; +49 69 7565 1266; Reuters Messaging: michael.shields.reuters.com@reuters.net)) Keywords: DAIMLER MERCEDES/
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