Mercedes-Benz saw a slight drop in cars sales in the third quarter as weaker demand, particularly in Asia, outweighed improved product availability, the carmaker said on Thursday.
The company sold 503,600 cars, down 1% compared with the same quarter last year. Of those, 42,500 were battery-electric vehicles, representing a 31% year-on-year drop.
In China, sales were down 13%, at 170,700 cars, as lower demand, particularly for luxury goods, and ongoing price reductions impacted sales, according to Mercedes-Benz.
BMW sales fell in the third quarter, weighed down by weak performance in China and delivery stops due to problems with the integrated braking system (IBS), the German premium carmaker said on Thursday.
Group sales dropped by 13% in July-September to 540,882 units, while in China they fell by 29.8% to 147,691 units.
Sales of fully battery-electric vehicles (BEV) grew by 10.1% to 103,440 units.
