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AmextaFinance > Markets > Stocks > Mercedes sales rise in Q2 on top-end, electric vehicles
Stocks

Mercedes sales rise in Q2 on top-end, electric vehicles

News Room
Last updated: 2023/07/11 at 9:49 AM
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© Reuters. FILE PHOTO: The Mercedes-Benz logo is seen at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha

BERLIN (Reuters) – Mercedes Benz Group (ETR:) sales in the second quarter rose 6% year-on-year – a total of 515,700 vehicles – on the back of demand for all-electric and top-end vehicles, the German carmaker said on Tuesday.

Sales grew in all the carmaker’s main regions – Europe, Asia, and North America – with deliveries in Germany up 23%, while China was up by 12% and the United States by 6%.

In the rest of the world, second-quarter sales fell 12% to 20,700 vehicles.

Electric vehicles continued to be the main growth driver in the quarter, with passenger cars sales growing 123%, to reach 56,300 units.

The top-end segment – which includes models such as AMG, Maybach, and G-class – also posted solid growth of 12% for the period.

 

 

 

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News Room July 11, 2023 July 11, 2023
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