Mercedes-Benz sees a drop in China sales in November 2012

Article by Christian A., on December 9, 2012

Mercedes-Benz Cars’ sales grew 5.3% to 128,768 in November compared with the same month in 2011 as the increasing U.S. volumes offset a decrease in China. The worldwide sales of Mercedes unit climbed by 5.7% to 120,346 units. Meanwhile, the Smart microcar brand’s volume declined by 0.5% to 8,422 units.

According to Mercedes sales chief Joachim Schmidt, the automaker set a record in November. It’s actually on track for 2012 to be the largest-selling year ever. For Mercedes' largest single market – the United States – its monthly sales increased by 13.1% to 30,315, leading to a 12% increase to 245,910 units over 11 months. The best-selling premium brand in the United States right now is Mercedes.

However, it has a narrow lead over second-ranked BMW. In China (a major growth market for premium brands), its sales last month dropped 6.6% to 16,876 units. Its sales until November increased by 4.2% to 177,301 units. But in China, Mercedes still trails behind premium brands BMW and Audi, which are growing much quicker in China. Mercedes' November sales in western Europe increased by 3% to 47,327 units.

From January to November 2012, its demand rose by 1% to 507,602 units. Mercedes’ monthly sales in Germany, its No. 2 market, increased by only 0.2% to 24,365. Its deliveries through November increased by slightly more than half a percent to 238,393.

Last October, Daimler threw out its profit targets for next year because of the more challenging market conditions and it had reduced its 2012 earnings prediction by 11% to 8 billion euros ($10.4 billion), after an earlier target of matching the 9 billion euros last year.

If you liked the article, share on:

Comments

Recommended

This one takes the cake for the ultimate customer service. A centenarian treats himself for hitting the 100 year mark by purchasing a £100k Lexus. Upon hearing of the purchase,...
by - April 26, 2017
Is there anything more exciting than a spoiler? Well, for those who didn't know, there are those who have already seen the Mercedes-AMG Project One (in the flesh) way before...
by - April 25, 2017
Does the Honda Passport ring a bell to you? This was the first ever SUV that was sold by the Japanese automaker, but it was not that successful compared with...
by - April 25, 2017
Wagon buyers who prefer their vehicle to be luxurious, you will have an entirely brand new selection at the latter part of this year. Porsche will start rolling out 4...
by - April 25, 2017
McLaren rejects the idea of creating anything other than a sports car. That means that vehicles that would be ideal for families such as an SUV or a crossover are...
by - April 25, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries