Mercedes-Benz hits 2023 sales forecast despite supply snags


FE Team | Published: January 11, 2024 22:21:01


Mercedes-Benz hits 2023 sales forecast despite supply snags

BERLIN, Jan 11 (Reuters): Mercedes-Benz's fourth-quarter sales took a hit from supply constraints and model changeovers, but full-year car deliveries were in line with its forecast at 2 million, the carmaker said on Thursday, as it prioritises boosting margins over volume sales.
The premium carmaker's group sales rose 1.5 per cent to just under 2.5 million, but fourth-quarter sales were down 3 per cent for the Group and 4 per cent in the cars division as a shortage in 48-volt battery systems and a model changeover for its E-Class limited output.
Mercedes-Benz battery-electric passenger car sales rose 73 per cent over the year to 222,600, it said on Thursday, but battery-electric sales of its smart fortwo and smart forfour models fell 12 per cent.

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