Mercedes-Benz Sales Slump Continues - Mercedes-Benz Sales Drop 12% in Q3, But EV Future Looks Bright
Mercedes-Benz has reported a 12% drop in passenger car and van deliveries from July to September, totalling 525,300 units. Despite this, the company remains optimistic about its future, forecasting strong growth in electric vehicle sales.
The third quarter saw a decrease in sales across various regions. In the USA, sales fell by 17%, while in China, they dropped by around 27% to 125,100 cars. Van sales also declined, with an 8% decrease. Overall, for the first nine months of the year, sales decreased by 9% to around 1.6 million vehicles.
However, Mercedes-Benz has reasons for optimism. Sales of its top-end models, such as the G- and S-Class, increased by 10%. The company also sold 42,600 fully electric cars in the third quarter, maintaining last year's level. Looking ahead, Mercedes-Benz plans to launch over 40 new electric models by 2027, including the all-electric GLC, aiming to enhance its luxury electric mobility and digital services. Efforts to improve production efficiency and reduce costs are also underway to support this expansion.
Mercedes-Benz has experienced a decline in sales in the third quarter, with a 12% decrease in passenger car and van deliveries. Despite this, the company remains positive about its future, with plans to boost electric vehicle sales through a major product offensive and improvements in production efficiency.
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