Mercedes-Benz plug-in car sales continue to grow despite Q3 decline

Mercedes-Benz plug-in car sales continue to grow despite Q3 decline

Mercedes-Benz, a wholly-owned subsidiary of German luxury automobile manufacturer Daimler AG, has reported a significant decrease in global sales in the third quarter (Q3) of 2021. Luckily, its year-to-date 9YTD) results remained higher than the levels recorded in 2020.

Mercedes-Benz Cars sold 434,784 units in Q3, marking a year-over-year decline of 30.5 per cent. YTD sales were reported at 1,617,508 units, up 3.0 per cent. Mercedes-Benz Vans sold 428,361 and 1,590,832 units in Q3 and YTD, respectively. The quarterly figure represents a decline of 30.2 per cent, while the YTD figure represents a growth of 2.7 per cent. Mercedes-Benz Smart brand sold 6,423 units in the quarter under review, down 46 per cent year-over-year. YTD sales grew to 26,676 units, up 21.2 per cent.

Total quarterly sales slipped 28.2 per cent to settle at 51,794 units, while YTD sales grew 3.8 per cent to settle at 1,861,186 units.

Luckily, sales of plug-in cars continue to expand without any major interruption. In Q3, the luxury car brand sold 61,652 units of plug-in cars, marking a year-over-year growth of 34.1 per cent. The plug-in segment accounts for around 14.2 per cent of the company’s total car sales.

When it comes to YTD plug-in car sales, the luxury automobile brand enjoyed a jump of 142.7 per cent to 184,369 units. The figure of units sold so far this year accounts for 11.4 per cent share of the manufacturer’s total car sales. Electric models like EQA, EQC, EQV, smart for two EQ, smart for four EQ EVs also reported significant growth in sales. The EQS and EQE are all set to join the BEV lineup.

Britta Seeger, a senior executive responsible for Mercedes-Benz AG, said, “For the EQS, the order intake is absolutely inspiring even though we only started sales in August. Also the EQE, which we presented for the first time at the IAA in Munich, received a very positive response from journalists, media, retailers and customers.”

Seeger went on to say that demand for Mercedes-Benz vehicles remained unbroken, allowing the manufacturer to enjoy growth, in the electric era as well.

Marcus Breitschwerdt, chief of Mercedes-Benz Vans, added that the luxury automobile brand continued to successfully work towards its goal of being a leader in the field of electro-mobility as it knows that future of transportation is electric. All new architectures to be launched by the company from 2025 onwards will be electric-only.