© Reuters. FILE PHOTO: A emblem of Mercedes-Benz is seen exterior a Mercedes-Benz automotive vendor in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photograph
(Reuters) – Mercedes-Benz Group gross sales rose reasonably within the first quarter of this 12 months, boosted by electrical automobiles (EV) and premium automobiles, the German carmaker mentioned on Wednesday.
Worldwide gross sales elevated 3% to 503,500 automobiles, with Europe posting the strongest development at 8%.
EVs had been the principle development driver within the quarter, with gross sales nearly doubling to 51,600 items.
The highest-end section – which incorporates fashions comparable to AMG, Maybach and G-class – additionally demonstrated stable development of 18%, reaching 91,800 for the interval.
Britta Seeger, a Mercedes board member, mentioned each segments posted robust outcomes “regardless of ongoing provide chain disruptions, financial headwinds and geopolitical uncertainties”.
Gross sales within the Mercedes-Benz Vans division grew 12% within the quarter, reaching 98,900 – its finest first-quarter end result ever.
Earlier on Wednesday, Swedish peer Volvo reported report first-quarter income in an indication the corporate has begun to beat bottlenecks and inflation that hampered the business.