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

SDA

10.7.2024 - 10:37

Mercedes-Benz is struggling with falling car sales, especially the business with e-cars is not going well. (archive image)
Mercedes-Benz is struggling with falling car sales, especially the business with e-cars is not going well. (archive image)
Keystone

Mercedes-Benz sold fewer vehicles in the second quarter of the year than in the same period last year. A total of 600,100 cars and vans were sold from April to June. This was around six percent less than in the second quarter of 2023.

Keystone-SDA

Mercedes achieved a three percent increase in van sales with a total of 103,400 vehicles, the car manufacturer in Stuttgart announced on Wednesday. The passenger car division recorded a decline of four percent with 496,700 vehicles sold. Model changes and availability bottlenecks influenced 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 was 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, thanks to full product availability and the introduction of models such as the new G-Class, the car manufacturer expects sales to increase again in the second half of the year.

E-car sales slump by a quarter

Mercedes also recorded a decline in sales of fully electric cars. At 45,800 units, sales in this segment fell by a quarter. A good one in thirteen cars sold in the second quarter was therefore a pure e-car. From January to March, almost one in ten cars sold was an all-electric vehicle.

According to the company, the ramp-up of electric vehicles is slowing down in key markets. At the same time, there was an increase in demand for vehicles with plug-in hybrids, which led to a 27 percent increase in global sales compared to the same quarter last year.