Daimler plays down talk it could sell Maybach brand

FRANKFURT, March 30 | Tue Mar 30, 2010 3:34am EDT

FRANKFURT, March 30 (Reuters) - Geman carmaker Daimler AG (DAIGn.DE) dismissed market talk on Tuesday it could divest its Maybach super luxury brand.

"Maybach is an important part of Daimler's product portfolio. There is no other decision," a company spokesman said.

Daimler sold just 200 units of the Maybach brand last year, a fraction of the volumes that BMW's (BMWG.DE) Rolls-Royce or Volkswagen's (VOWG_p.DE) Bentley manage. (Reporting by Hendrik Sackmann; Writing by Michael Shields)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.