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

During car crashes and accidents, there are times that its occupants can’t get out easily. There are times when the only way to get out of that situation is to...
by - February 23, 2017
Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
How fast can a 2017 Chevrolet Camaro ZL1 actually go? Considering the amount of power lurking underneath its line-laden bonnet, the 2017 Camaro ZL1 is capable of achieving a top...
by - February 23, 2017
As it turned out, we’ll be seeing Toyota’s new super supermini at the 2017 Geneva Motor Show in March. It’s time we all get to meet the new Toyota Yaris...
by - February 23, 2017
Opel revealed it has sweetened the pot for 2017 Insignia Grand Sport customers with the Opel Exclusive program. Through this program, the brand hopes to introduce a wide selection of...
by - February 22, 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