Virus clobbers Mercedes Q1 sales | Automotive Industry News

Mercedes-Benz sold 477,378 vehicles in the 1st quarter of 2020, down fourteen.9% 12 months on…

Mercedes-Benz sold 477,378 vehicles in the 1st quarter of 2020, down fourteen.9% 12 months on 12 months.

The swap to battery-electric powered styles only saw Wise plunge 78.three% to five,863 models.

Vans notched up sixty four,588 revenue, down fourteen.9%.

“The pandemic developments in Europe and US and the penalties of the non permanent closures of retail corporations in individuals marketplaces experienced a sizeable effect on device revenue in March, Daimler mentioned.

“2020 begun very well and we have been in a position to raise revenue of our main model series in particular in January. The effect of the corona disaster very seriously weakened our device revenue in March and we consequently did not attain our target numbers in the 1st quarter,” mentioned Marcus Breitschwerdt, head of Mercedes-Benz Vans.

Europe Q1 revenue fell 15.9% to 188,963 autos with German quantity off eight.eight% to sixty four,332 vehicles.

Asia-Pacific quantity was down 17.1% to 198,849 autos.

China revenue fell 20.three% to 138,960 vehicles.

Initial quarter deliveries in North The usa have been 78,501 autos.

US revenue have been down four.eight% to 67,746 and Mercedes-Benz was the highest-marketing high quality brand name there.