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Latest Mercedes-Benz News

Singaporeans absolutely love Mercedes-Benz

It’s official – Singaporeans love Mercedes-Benz. And it shows, as the country’s dealership sales grew by 8.9 percent from January to March this year compared to the 1st quarter last year. That’s 7,510 cars sold in just three months. And an 18.4 percent market share according to Singapore’s Land Transport Authority. It’s no wonder that anywhere you go in this country, you’ll come across dozens of cars carrying the three-pointed star logo. Daimler Southeast Asia refuses to comment. However, Mercedes-Benz’s rivals in the region admit that sales have been awesome for the brand’s C180 Kompressor. They also think that 2nd placer BMW, the country’s hottest selling luxury car brand back… Continue Reading »

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Daimler Trucks’ Goals: Increase Sales and Market Share in 2012

Following the trend of 2011, Daimler Trucks is now aiming for higher sales and market  share. After the 20% in 2011, the company expects that it will perform better this year. And they are targeting this, not only in the European market, but in the whole world as well.     Results increased at a strong above-average rate in 2011     Division is on track to achieve its 8% return on sales target     Production launch in India and China with regional brands     Modern domestic trucks have a very promising future Stuttgart – In 2012 Daimler Trucks aims to build on the successes it posted last year. After sales and… Continue Reading »

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Now Is A Good Time To Buy A C-Class In China

Some Mercedes dealers in China are reportedly slashing prices on their C-Class inventories in order to keep sales going. This is in reaction to the moves by Chinese authorities to decongest its major cities and tighten lending controls. Coupled with a slowdown in growth, the top luxury carmakers in China, meaning the top three German automakers, are resorting to deep discounts to keep their sales momentum going. BMW has reportedly offered a 19% discount on some 3-series models and some Mercedes-Benz dealers have countered with a 20% discount on C-Class models. Beijing-based analyst Scott Laprise of CLSA Asia Pacific Markets notes that, “We’re in a cycle of dropping prices. Dealers… Continue Reading »

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Mercedes To Lead Rival BMW In Sales Early Next Year

A top executive at Mercedes-Benz’s archrival BMW has admitted that Mercedes is on track to become the top-selling luxury carmaker by 2012. This is because of Mercedes’ pace in introducing new models up to the end of this year and early next year. Jim O’Donnell, head of BMW’s U.S. division, concedes that while Mercedes will be coming out with a slew of models, BMW will still have to compete with older models, particularly in the segment where the C-Class and BMW’s 3-series compete head to head. Added O’Donnell, “In the first quarter of next year, I would say Mercedes will be No. 1.” The new 3-series competitor to the C-Class… Continue Reading »

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Are used cars really that much cheaper?

With the economy still not back to where it was some years ago, getting used cars for sale instead of a new one is a better alternative. Or not. An economist, Paul Ballew said that over half a million people who bought new cars were actually thinking of buying used ones. “There’s a substitution effect going on between new and used. When you get those price gaps closing, you get people that are willing to shop new that wouldn’t have before,” he shared. This means that when a prospective buyer learned about the smaller price difference, plus the lesser amount of money you will spend on repair and maintenance, they… Continue Reading »

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Three Record-Breaking Sales Figures Achieved by Mercedes-Benz

Mercedes-Benz recently announced that the company has set three sales records. The first one, June 2011 being the highest June ever with a total of 120,510 vehicles sold globally. For Mercedes-Benz USA alone, the company delivered 22,653 cars, their highest in June as well. The second record, is the highest sales for the quarter as April and May were also great months. The quarter recorded an increase of 7.2% or a total of 329,979 cars. Lastly, this is the highest sales for the company in the first half of the year, with a recorded 9.7% increase or 10,531 units sold. “The first half of the year went very well for… Continue Reading »

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Mercedes-Benz May Sales Figure Breaks Records

Last month, Mercedes-Benz announced how glad they are about the sales performance of their vehicles. The company reported that they have sold more vehicles than ever before in May, with  a total of 108,766 passenger cars across the globe. The Executive Vice President Sales and Marketing Mercedes-Benz Cars, Dr. Joachim Schmidt said, “The upswing we’ve experienced in recent months continued in May with a new sales record. Once again, growth was in particular driven by the BRIC countries. We achieved high growth rates in all of them. The strong demand for our new C-Class generation is also contributing to our dynamic development. This will also be the case with the… Continue Reading »

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