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German automaker Mercedes-Benz reports Q1 sales decline

German automaker Mercedes-Benz sold 6% fewer vehicles in the first quarter of the year than in the same period last year, the company reported on Wednesday. During the quarter, Mercedes-Benz sold a total of 568,400 vehicles. The decline was led by an 8% drop in sales by the passenger car division, down to 463,000 vehicles, according to Mercedes-Benz. Sales of vans rose by 7% to 105,400. The decline in passenger cars is mainly due to model changes and restrictions in the supply chain in Asia, whi

Study: Automakers continue to grow - challenges in sight -Today at 12:17 am

According to a new evaluation, the world s largest car companies are still on course for growth. Compared with the same period last year, sales rose by 18.1 percent in the second quarter of the year,.

Study: Profitability of carmakers declines

The world s largest carmakers have recently suffered a drop in profitability, according to a study by consulting firm EY. Compared to the same period last year, according to the analysis, sales rose. | May 29, 2023

Mercedes-Benz dips after key shareholders cuts stake in German carmaker

Mercedes-Benz dips after key shareholders cuts stake in German carmaker
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