BERLIN Nov 14 Germany's Daimler has
almost 90,000 orders for the revamped A-class compact of its
Mercedes-Benz luxury division, Die Zeit reported, citing Chief
Executive Dieter Zetsche.
That would compare with advance orders of more than 40,000
for Volkswagen's overhauled Golf hatchback, which is
vying for customers with the A-Class in the competitive compact
Stuttgart, Germany-based Mercedes will increase global auto
sales by 5 percent this year from last year's record of 1.28
million, the CEO said in an interview published by the weekly
newspaper on Wednesday.
Mercedes aims to double deliveries of Mercedes and Smart
vehicles to about 2.6 million by 2020, the year it wants to
reclaim the luxury sales crown and surpass rivals BMW
and Volkswagen's Audi, the CEO said.
Zetsche said Daimler plans "no active job reductions" even
though it's targeting 2 billion euros ($2.5 billion) in cost
cuts at the Mercedes division by the end of 2014.
Daimler warned last month it would miss its earnings
forecast this year by about 1 billion euros and wouldn't improve
margins next year.
($1 = 0.7867 euros)
(Reporting by Andreas Cremer; Editing by David Holmes)