Mercedes-Benz Q3 Sales Fall 8%, China 31%

On October 7, Mercedes-Benz announced third-quarter sales. China car sales dropped 31% to about 86,800. Passenger-car sales fell 8% year over year to 407,200, and total car and van deliveries declined 6% to 491,700. U.S. car sales rose 6% and Europe car sales rose 5%. High-end segment sales fell 21% to 53,900, or 13.2% of Mercedes-Benz Cars sales as reported by RTTNews. Battery-electric sales rose 52% across cars and vans to 78,100. Passenger-car EV sales rose 61%, a quarterly record. Van deliveries increased 1% to 84,400. RTTNews also reported eVan sales up 12% and the commercial van segment up 4% to 73,500. What is contested: None found in the record. Mercedes-Benz shares declined in Thursday trading in Germany, losing around 3.9% to 39.12 euros according to RTTNews.
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