Tuesday, March 17, 2026
26.7 C
Lagos

Mercedes Sales Rise to New Record in October, Boosted by China Demand

The new C-class wagon is helping to boost Mercedes sales

Daimler said vehicle sales at its Mercedes-Benz Cars unit, which includes the Mercedes and Smart brands, rose 8 percent to 146,112 in October.
The sales volume was a record for the month, boosted by strong demand in China, the company in a statement.
Mercedes marketing and sales boss Ola Kaellenius said the new C-class wagon and the S-class coupe have proved popular among customers. “We started the fourth quarter with a sales record in October,” he said in the statement.
Mercedes brand sales grew 12 percent last month to 140,941 units while Smart sales were down 40 percent to 5,171 as customers await a new generation of the ForTwo.
The division’s volume grew by 33 percent in China and 10 percent in Europe, offsetting a 5 percent drop in the United States.
Mercedes said it sold 8,397 units of its flagship S-class sedan in October, up 60 percent. A year after the launch of the new S class in all its core markets, the company has already delivered more than 100,000 units, Daimler said.
The division’s 10-month sales are up 11 percent to 1.41 million, also a record. Mercedes brand’s volume increased by 12 percent to a 1.34 million while smart sales fell 13 percent to 72,041.

spot_img
spot_img
spot_img

Hot this week

NLNG Expands VIBES Programme with Induction of 103 New Beneficiaries

NLNG’s economic empowerment initiative, the Vocational Innovation Business and...

PalmPay Commits to Gender Balance in Fintech Space @ Purple Woman 3.0

L-R: Olorunfemi Hanson, Head of Marketing, PalmPay Nigeria; Kemi...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NCDMB: 33 Engineers Begin Training in Pipeline Pigging, Corrosion Control

Thirty-three young graduates of engineering, geology and related disciplines...

NCDMB, Radisson, Edison Sign Management Deal for Yenagoa Hotel

The Nigerian Content Development and Monitoring Board (NCDMB) on...

Topics

NDIC Seeks Stakeholders’ Input to IADI Core Principles for Effective Deposit Insurance

The Nigeria Deposit Insurance Corporation (NDIC) has called for...

‘Nigeria Lacks Total Internet Freedom’- Freedom House

Kenya and South Africa are the only African nations...

UN, Sterling One Foundation Lead Coalition Ahead of ASIS 2025

L–R: Mohamed Malick Fall, Assistant Secretary-General and United Nations...

Stanbic IBTC Bank Nigeria PMI: Output Prices Rise at Second-fastest Pace on Record

Customer demand improved again in the Nigerian private sector...

‘Nigeria’s Rising Public Debt Worrisome’

Euler Hermes, the global leader in trade credit insurance...

IWD2023: Ecobank Celebrates Women, Assures of Equality at Workplace

  Ecobank Nigeria Limited, a subsidiary of Ecobank Transnational Incorporated...

Allianz, Sanlam Joint Venture Targets 29 Markets in Africa

Mr. Amine Benabbou Head of Business Division, Africa and Middle...
spot_img

Related Articles

Popular Categories

spot_imgspot_img