XTRA:MBGAuto
Mercedes-Benz China Slump Puts Focus On 2026 Transition And New Models
Mercedes-Benz Group (XTRA:MBG) reported a sharp first quarter sales drop in China, with deliveries at their lowest level in nearly ten years.
Management attributes the weakness to tougher local competition and softer demand in its most important market.
Management has labeled 2026 as a transition year, with new model launches planned to address the China slump.
Sales in Europe and the US grew in the same period, partly offsetting the decline in China.
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