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Car industry: Mercedes-Benz sells fewer cars in the second quarter

Car industry: Mercedes-Benz sells fewer cars in the second quarter
Car industry: Mercedes-Benz sells fewer cars in the second quarter

In particular, the Stuttgart-based company’s electric cars are selling significantly worse. The company is looking to the second half of the year with more optimism.

Mercedes-Benz sold fewer vehicles in the second quarter of the year than in the same period last year. From April to June, 600,100 cars and vans were sold. That is around six percent less than in the second quarter of 2023, the Stuttgart-based automaker announced.

Mercedes achieved a three percent increase in sales of vans with a total of 103,400 vehicles. The passenger car division recorded a four percent decline with 496,700 vehicles sold. Model changes and availability bottlenecks affected sales in the first half of the year. In the top product segment – which includes the S-Class – sales figures fell by 17 percent.

This is also due to a subdued market environment in Asia. In the important Chinese market, sales fell by six percent. However, with 172,600 vehicles, Mercedes still sold around 29 percent of its cars there. However, due to full product availability and the introduction of models such as the new G-Class, the carmaker expects more sales in the second half of the year.

E-car sales fall by a quarter

Mercedes also recorded a decline in fully electric cars. At 45,800 units, sales in this area fell by a quarter. This means that just over one in thirteen cars sold in the second quarter was a pure electric car. From January to March, almost one in ten cars sold was a fully electric car.

The ramp-up of electric vehicles is slowing down in important markets, the company said. At the same time, there has been increased demand for plug-in hybrid vehicles, which has led to a 27 percent increase in global sales compared to the same quarter last year.

Source: Stern

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