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Latest Mercedes-Benz News

Chinese and German markets showing strong growth in October

Mercedes-Benz China is leading Daimler AG’s premium car brand in terms of sales growth, followed closely by their market share in Germany. Figures for October are up by 13.6 percent as compared to last year of the same month. The company said they delivered as many as 100,500 units for the month of October alone. The breakdown of this figure includes 13,500 units sold in China, doubling their October 2009 output, while dealerships in Germany were able to grow their sales output by 14 percent to 27,000 vehicles. Mercedes-Benz USA, on the other hand, was also able to grow, albeit by a single percent from October last year, to 18,400… Continue Reading »

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No outrageous sales incentives for December

Mercedes-Benz won’t be dumb enough to put out sales incentives in its bid to beat Lexus. Even if the Lexus brand has held on to the top spot for almost ten years, that’s not enough reason for rivals to go crazy and start risking their profit margins. And if you’ve been following closely, both Mercedes-Benz and BMW have been gaining on Lexus with their new models, while Toyota’s brainchild is trying to manage its public relations amidst recalls and safety issues. Mercedes-Benz USA Financial Vice President Dietmar Exler said it himself that even if the month of December is coming, there will be no stupid moves on their part to… Continue Reading »

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MBUSA growth track remains steady

Daimler AG is on a major roll in the US, now reporting a 3.1 percent growth for the month of October, selling 19,443 Mercedes-Benz and Smart vehicles. The breakdown includes 19,076 vehicles sold by MBUSA, while the rest being contributed by Smart. This total includes passenger cars, light trucks and Sprinter vans, and represents a 4.9% growth for October for MBUSA. Meanwhile, year-to-date growth stands at around 20.1%. Evidently from the figures, Mercedes-Benz’s passengers and light trucks sales are still very much on track. October’s strongest seller was the 9th generation of the E-Class, numbering around 5,568 units and earning a year-to-date total of 50,298 units for a 53.3% growth…. Continue Reading »

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Daimler increases EBIT target, again

Ever since the company recovered from what was the automotive industry’s greatest blow, German premium car giant Daimler has been on a roll. And it shows, through the company’s decision to once again increase their EBIT target this year. The first time back in July, they increased their EBIT up to 6 billion euro. Now, Daimler bumped it up to 7 billion euro, or roughly 9.72 billion dollars in the U.S. Company officials are betting on market conditions to keep being favorable as they were back when the year started. Right now, the company has earned 5.3 billion euro so far, netting them a third quarter profit of 1.6 billion… Continue Reading »

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Lexus offering rebate to derail Mercedes-Benz

It seems Toyota is back on track, as shown by the Japanese car company’s latest attempts to derail the astounding growth Mercedes-Benz is currently enjoying all over their global market. Actually, Toyota’s luxury line in the US, Lexus, has been going at it since 2010 began. For eight straight months, the race was being fought by the two luxury car companies to be crowned dominion of the U.S. market. However, it was in the month of September when Mercedes-Benz really picked up the pace leaving Lexus behind by as many as 3,000 units sold. The big question now is, can Mercedes-Benz maintain the lead to dethrone Lexus off the top… Continue Reading »

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Mercedes-Benz posts record worldwide sales – 13% increase

Mercedes-Benz recorded the best September sales result in its history last month and was worldwide the premium brand with the highest sales volume. For Mercedes-Benz, September was the best sales month so far this year. Sales increased at a double-digit rate for the eleventh time in a row. The brand gained market shares in almost all markets. Mercedes-Benz delivered 118,600 vehicles (September 2009: 104,900) to customers worldwide in September, an increase of 13 percent. Sales since January now total 854,000 units (January-September 2009: 737,600), representing an increase of 16 percent. “Sales developed better than expected in September,” says Dr. Joachim Schmidt, Executive Vice President Sales and Marketing, Mercedes-Benz Cars. “The… Continue Reading »

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MBUSA scores 2nd best September sales record

As always, Mercedes-Benz and Smart parent-company Daimler AG brings good news with sales in the U.S. reaching 21,088 for the month of September this year. Compared to last year, this means an 18.5 percent increase, making September its best month so far in terms of units sold, putting the year-to-date figures ahead of last year’s numbers by 22 percent. In fact, September 2010 is the MBUSA’s 2nd best September on record, with 19,862 passenger cars, light trucks and 804 Sprinters sold. Sales of the company’s higher end models are equally experiencing growth, led by the 9th generation E-Class whose sales for September reached 5,608 units, beating last year’s by a… Continue Reading »

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