Mercedes-Benz USA reports October sales

Mercedes-Benz USA, a subsidiary of Daimler AG (NYSE: DAI) (FWB: DAI), has reported an increase in sales for the month of October 2012.

The automaker sold 23,978 units last month, an increase of 5.9 percent over the year-ago period.

During January to October 2012, the company sold 215,596 units, an increase of 11.9 percent compared to the same period in 2011.