Mercedes-Benz Group sales dipped 6% year on year to 568,400 cars and vans in the first quarter of 2024.

Mercedes-Benz Cars saw sales rise in the United States (+3%) and what the automaker called “a solid performance” in Europe, particularly in the UK (+43%) and France (+35%) while sales in Asia were “influenced by model changes and supply chain constraints”.

Vans sales rose in China (+27%) and United States (+15%).

Cars sales fell 8% to 463,000 units in the first quarter with a decline in China due mainly to the ongoing ramp up of the top selling (Beijing Benz built) E-Class long wheelbase model which was expected to see volume accelerate in future quarters.

Demand for PHEVs resulted in a 6% rise but BEV sales dipped 8% to 47,500 units as the Smart Fortwo reached the end of its lifecycle (-30%).

Overall, electric vehicles accounted for 10% of total Q1 Cars sales and 19% including PHEVS.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Thailand was the 11th market to implement the Mercedes-Benz direct sales model in February 2024.

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now