Mercedes-Benz reports a 6% drop in sales in the first quarter

Mercedes-Benz reported a 6% decline in first-quarter sales, due to supply issues and changes to its model lineup. Sales of electric vehicles have also fallen, but the company remains committed to maintaining its market position.

Slowing down in 2024 for the three-pointed star brand. In a published report Wednesday April 10a famous German car manufacturer, Mercedes-Benzannounced the descent 6% of its sales in the first quarter.

This sharp decline was attributed to several factors, including supply issues from Asia and the transition to its luxury model.

Mercedes-Benz sales fell 568 400 cars and vans in the first three months of the year.

This decline in sales was seen unevenly in different parts of the world. Indeed, Europe recorded the deficit 2% with Asia experiencing the biggest fall and decline 15% Sales. Despite the further decline 1%, North America is also facing a growing trendnce to slow down.

The decline of electric vehicles

In addition to the overall decline in sales, Mercedes-Benz also suffered a sharp decline 9% of battery electric vehicle (BEV) sales, total 50 500 cars sold in the first quarter.

Also Read>MERCEDES-BENZ CONTINUES WITH ITS DEVELOPMENT STRATEGY IN INDIA