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

Hot this week

Leadway Sustains Support to Nigeria’s Creative Economy with 4th Consecutive Sponsorship of Lagos Leather Fair

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Insurance Meets Tech (IMT) Unveils 5th Edition for September 18, 2026

West Africa's leading insurance and technology conference, Insurance Meets...

Shell Appoints Elohor Aiboni as Executive VP, Country Chair Nigeria

Elohor Aiboni The incoming Executive Vice-President and Country Chair Shell Companies...

Heirs Insurance Group Extends Rewards Programme to Corporate Clients, Unlocking Lifestyle, Wellness Benefits for Employees

Heirs Insurance Group, Nigeria’s fastest growing insurance group, has...

Stanbic IBTC Pioneers Digital Supply Chain Financing in Nigeria through CycleFlow Partnership

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings,...

Topics

Rand Merchant Bank Facilitates Landmark Corporate Bond Issuance for Presco

L-R: Olaronke Arigbede, Group Treasurer, SIAT Group, Felix Nwabuko,...

African Aviation Generates $80bn in GDP Per Year

· Carries 70m Passengers · Creates 6. 9m Jobs The International...

NLNG Science Quiz Competition 2025: Community Secondary School, Igboh Etche, Emerge Winner

Sophia Horsfall, NLNG’s GM, External Relations & Sustainable Development,...

The IMF perspective: 7 Questions on Oil Price Slump

Oil prices have plunged recently, affecting everyone: producers, exporters,...

NAICOM Boss Visits Aviation Minister to Discuss Issues of Industry Growth

The Commissioner for Insurance and Chief Executive of the...

Insurance, Aviation Leaders Seek Synergy for Market Growth

  A high-level stakeholders follow up meeting of the insurance...

Daily Economy to Mark 2nd Anniversary with Insurance Book Launch

Daily Economy Concept, the Publisher of Daily Economy, a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img