Thursday, May 21, 2026
30.2 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
spot_img

Hot this week

Nnamdi Azikiwe University Students Clinch ₦5m Top Prize at Heirs Insurance Hackathon Competition

Winners of the 2026 Heirs Insurance Hackathon from Nnamdi...

Leadway Assurance Claims Payout of N137bn in 2025 Reinforces Market Leadership, Customer Trust

Against the backdrop of a challenging yet progressively stabilising...

AIICO Deepens Commitment to Education, Capacity Development with Upgrade of CIFM Learning Hall

AIICO Insurance Plc, one of Nigeria’s leading insurance and...

Repton GMD Underlines Diligence, Determination in Goal Realisation

L-R: Otunba Odeyeyiwa Kazeem Olayemi, GMD/CEO Repton Group, Keynote...

CIG Motors: Pay ₦3m For a Brand New Car in May Splash Promo on Electric, Petrol Vehicles

New campaign introduces EasyPay auto-financing, major discounts and nationwide...

Topics

African Union Unveils All-Africa Passport to Boost Travel, Trade

While is U.K. was busy separating from the European...

Nigeria Seeks $21bn China Loan to Finance Budget

Nigeria’s Minister of Budget and National Planning and Senator...

Unilever Nigeria Plc: Keeping Shareholders Smiling with N5.29bn Dividend

Following 2011’s impressive business results, Unilever Nigeria Plc’s shareholders...

Nigerian Healthcare Excellence Award (NHEA) 2024 Nominations Now Open!

The Nigerian Healthcare Excellence Award (NHEA) is thrilled to...

Almond Insurance Industry Awards Unveils Nominees for Nov 1 Event

The Nominees for Voting in the Various Categories INSURANCE CEO...

AIICO Sponsors 2024 NCRIB CEOs Retreat in Uyo with Focus on Sustainable Institutions  

From Left-right: Mr. Adewale Kadri (ED, Technical, AIICO Insurance...

Minister of Power Commends Savannah for Contribution to Growth of Nigeria’s Energy Sector

L-R: Chief Executive Officer, Income Electrix Limited, Matthew Edevbie;...
spot_img

Related Articles

Popular Categories

spot_imgspot_img