Mercedes-Benz finds few takers this year

Mercedes-Benz sales dropped significantly in the second quarter due to supply issues and lockdowns in China because of the coronavirus, the German automaker reported on Monday.

Over April through June, the carmaker shipped 490,000 passenger cars, a 16 percent decrease from the same time in 2017.

Sales for its Cars segment fell by 16 percent for a total of 998,000 deliveries in the first half of 2022.

China, the largest single market, saw the worst decline in second-quarter sales, falling by 25% to 163,700 vehicles, according to the automaker.

Sales in the Asia-Pacific area decreased by 20%, primarily as a result of lockdown measures, while sales in Europe declined by 10% and in North America by 3% during the quarter.

Mercedes-Benz is still expecting slightly higher sales in 2022 than in 2021, according to a spokeswoman. Sales director Britta Seeger stated that “client demand remains high” despite worries about rising inflation.

According to Seeger in a statement, popular luxury automobiles include the Maybach and the EQ model series of electric vehicles.

According to the automaker, 100,000 units of the more affordable Mercedes-Benz Vans were sold globally in the second quarter, barely below the same period last year.

Latest articles

Cryptocurrencies not useful to society: Nvidia

Even if the US chipmaker Nvidia's potent processors are sold in vast amounts to the industry, the corporation has claimed that cryptocurrencies do not...

Trying to preserve heritage, Greece witness public protest

Archaeologist Manolis Psarros was attacked earlier this month while going to his car on a dark side street in Athens. The state employee's office...

UNHCR raises $23,000 for quake victims in Turkey, Syria

The online community Alright Bears auctioned an exclusive piece of digital art to benefit earthquake victims in Turkey and Syria. Bears markets their bear pictures...

Australian Navy assists two civilians in distress

In less than four hours, two civilian vessels in trouble received prompt assistance from Navy ships. Both the multi-role aviation training vessel MV Sycamore and...

Related articles