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Mercedes-Benz Q1 gross sales drop on provide bottlenecks in Asia By Reuters


BERLIN (Reuters) – Mercedes Benz (ETR:) gross sales fell 6% within the first quarter, hit by provide bottlenecks in Asia and its luxurious mannequin vary changeover, the German premium carmaker stated on Wednesday.

Deliveries fell to 568,400 automobiles and vans within the January-March interval, whereas gross sales of battery electrical autos dropped much more sharply, by 9%, to 50,500 autos, it stated in an announcement.

First-quarter gross sales in Europe had been down 2%, in Asia they fell 15% and in north America, they dropped 1%, Mercedes Benz added.

Peer BMW (ETR:)’s gross sales rose 1% within the quarter, with gross sales of totally electrical autos including 27.9%.





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