Mercedes Benz Q2 sales up 6%, EV up 2.23x

MG News | July 11, 2023 at 12:49 PM GMT+05:00

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July 11, 2023 (MLN): Mercedes Benz Group (ETR: MBG) sales in the second quarter rose 6% YoY, a total of 515,700 vehicles, on the back of demand for all-electric and top-end vehicles, Reuters reported.

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 car sales growing 2.23x, 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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