Mercedes-Benz Group AG Reports Declining Sales and Market Challenges

Mercedes-Benz Group AG has reported a decline in sales for the first quarter of the year. The company sold 529,200 cars and vans worldwide, a 7% decrease from the same period last year.

Sales Breakdown by Segment

• Mercedes-Benz Cars sales reached 446,300 units, a 4% decrease from the previous year.
• The decline in sales is attributed to market changes and the company’s struggle to adapt.

Stock Price Performance

The company’s stock price has been affected by the decline in sales. Shares have lost between 1.6% and 3.5% in value.

Regional Performance

Despite some positive sales figures in the USA, the overall trend for Mercedes-Benz remains negative. The company is facing challenges in adapting to changing market conditions.

Key Statistics

• First-quarter sales: 529,200 units (7% decrease from last year)
• Mercedes-Benz Cars sales: 446,300 units (4% decrease from last year)
• Stock price decline: 1.6% to 3.5%