Mercedes Sales Decline 16% as Supply-Chain Woes Continue
- Top-end luxury sales drop as carmaker shifts focus to high end
- Deliveries in China, biggest auto market, fell 25% in quarter
EV sales were a bright spot in Mercedes’s report, with its EQ sales nearly doubling to 23,500 units.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Mercedes-Benz Group AG sold 16% fewer cars during the second quarter as Covid-related lockdowns and a prolonged shortage of semiconductors continued to weigh on production.
Deliveries in China, the world’s largest car market, declined 25%, while sales in Europe fell 10%, the Stuttgart-based automaker said in a statement Monday.