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
spot_img
spot_img

Hot this week

Leadway Sounds Alarm on African Swine Fever, Urges Farmers to Strengthen Biosecurity

As concerns grow over recent outbreaks of African Swine...

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

Leadway Assurance, CubeCover, Vitse Technologies Sign on as Official Partners for IMT 5.0

Insurance Meets Tech (IMT), West Africa’s premier platform for...

Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum in Abuja

A high-level fireside dialogue between the Governor of the...

Stanbic IBTC Named Winner in Four Categories at Euromoney Awards for Excellence 2026

Stanbic IBTC, a member of Standard Bank Group, was...

Topics

Nigeria’s 1st Venture Capital Summit Now Aug. 2

A new date of 2nd- 4th August, 2016 has...

BCG Embarks on Beach Clean Up to Mark World Health Day 2022

L-R: Oumar Toure, Project Leader, BCG Nigeria; Tolu Oyekan,...

NSE Reports Trading Glitch, Extends Transaction Time

The Nigerian Stock Exchange (NSE) yesterday reported it experienced...

Airlines Support ICAO on Cusp of Historic Emissions Agreement

The International Air Transport Association (IATA) urged governments at...

Qatar Airways, 5 Others Join IATA Travel Pass Program

The International Air Transport Association (IATA) announced that Etihad...

NYSC, GE Unveil Partnership to Empower Corp Members with Entrepreneurial Skills

GE, the world’s premier Digital Industrial Company has announced...

Certified Pension Institute of Nigeria Holds Workshop in Abuja

I am very pleased to participate in this three-day...
spot_img

Related Articles

Popular Categories

spot_imgspot_img