Foreign media: Mercedes-Benz's core automotive business sales declined by 8% year-on-year to 417,800 units in the second quarter, mainly due to intensified competition in the Chinese market, where sales in China dropped sharply by 30%. The company attributed this to the "intensified competitive environment and product ramp-up pace."
However, sales in the United States grew by 10%, and those in Europe increased by 4%. Sales of pure electric vehicles (including sedans and vans) surged by 50% to 63,000 units. European automakers are facing fierce price wars from Chinese brands; previously, BMW had significantly lowered its 2026 core profit margin forecast to as low as 1% due to challenges in China.
Original article: toutiao.com/article/1870161701052428/
Disclaimer: The views expressed in this article are solely those of the author.