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Mercedes-Benz's China Sales Pave Way for Record-Breaking Third Quarter
Liao Shumin
DATE:  Oct 09 2019
/ SOURCE:  yicai
Mercedes-Benz's China Sales Pave Way for Record-Breaking Third Quarter Mercedes-Benz's China Sales Pave Way for Record-Breaking Third Quarter

(Yicai Global) Oct. 8 -- Luxury German car marque Mercedes-Benz set a new sales record in China in the third quarter as shipments jumped almost 13 percent to about 181,000 units from a year earlier.

This topped off the automaker's best-ever third-quarter results, with global sales up 12.2 percent to 590,500 from the same period last year, according to a statement posted yesterday on parent company Daimler's website.

"We have posted the best-ever third quarter for Mercedes-Benz -- a strong team performance of which we are extremely proud, especially in these challenging times," said Daimler board member Britta Seeger.

The Stuttgart-based company had double-digit growth last month, another new record, with global sales up 10.4 percent year on year to 223,800 vehicles. In the first nine months of the year, worldwide sales gained 0.6 percent to 1.7 million.

Mercedes-Benz delivered around 62,000 cars in China last month, a 12.9 percent gain. Total sales from January until September rose 5 percent to 525,900.

In Europe, sales over the first three quarters increased 0.5 percent, a return to growth in the region so far this year. Some 99,000 new vehicles were shipped to European customers last month, up 8.2 percent from the same period last year.

In the Asia-Pacific market, the company sold 88,700 units in September, a rise of 17.6 percent. Cumulative sales in the first nine months were 731,300, an annual gain of 2.3 percent.

Mercedes-Benz also saw record sales in South Korea, Vietnam and Singapore in the first three quarters.

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Keywords:   Mercedes-Benz