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DMLRY Mercedes Benz Group AG (PK)

14.32
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mercedes Benz Group AG (PK) USOTC:DMLRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 14.32 14.00 14.45 0.00 01:00:00

Mercedes-Benz Had Best 2Q Car Sales in China to Date

08/07/2020 10:33am

Dow Jones News


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By Mauro Orru

 

Daimler AG said Wednesday that its Mercedes-Benz brand had its best second-quarter car sales in China to date due to a recovery in demand.

Quarterly car sales for the Mercedes-Benz brand in China rose 21.6% to 207,107 units, with a total of 346,067 in the first half of the year, the German premium car maker said.

"Mercedes-Benz's best second quarter to date in China shows the impressive speed at which demand is currently recovering in our largest market. From April to June, the effects of coronavirus had a strong impact on our deliveries in Europe and North America. By now, nearly all of our world-wide dealerships have reopened," Britta Seeger, member of the boards of management of Daimler and Mercedes-Benz, said.

The company also said Mercedes-Benz Cars & Vans sold 523,307 cars and commercial vans globally in the second quarter, with a total of 1,071,136 in the first half.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

July 08, 2020 05:18 ET (09:18 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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