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Mercedes-Benz Q3 car sales fall 8% as China demand weakness persists, EV sales rise 52%

Summary by WTVB
Oct 7 (Reuters) - German luxury carmaker Mercedes-Benz said on Wednesday sales in ​its core car ‌business continued to fall in the third quarter, declining 8% year-on-year due to challenging ‌market ​conditions in China. • ⁠Car deliveries fell ⁠to 407,...

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In the People's Republic, Mercedes sells around one third fewer cars than in the previous year. Hope, on the other hand, is the trend in electric cars.

·Munich, Germany
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A further slump in China has prevented Mercedes-Benz from selling in the third quarter. The stock is under pressure.

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The German company Mercedes-Benz announced to the luxury car industry that its car sales fell by 8% annually during the third quarter of the current year, affected by the difficult conditions and continuing challenges it faces on the Chinese market. In its statement hgd.l Wednesday, the company became a total vehicle delivery of 407.2 thousand units from July to September, [...] the article China leads the decline of Mercedes' sales 8%.

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Milan, 7 Oct. (askanews) Mercedes sold 491,700 cars and vans in the third quarter of 2026, with a 6% decrease compared to the same period last year, penalized mainly by the strong decline of the Chinese market. The deliveries of the cars were equal to 407,200 units, down by 8%, while the sales of cars [...]

In the third quarter of 2026, Mercedes-Benz recorded an increase in sales of electric vehicles, reaching a record with 68,400 units sold. Overall sales decreased by 0.2% due to the Chinese market, but growth in Europe and North America partially offset.

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WTVB broke the news on Wednesday, October 7, 2026.
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