April 09, 2019 – Mercedes-Benz sells more than 560,000 vehicles worldwide in Q1 2019 Mercedes-Benz delivered 227,644 vehicles worldwide in March (-4.1%). In China, the strongest-selling quarter of all time was achieved with sales of 174,343 Mercedes-Benz cars (+2.6%). In March, the global sales of the new A-Class set a new record for the first… Continue reading 09. Apr 2019
Mercedes-Benz sells more than 560,000 vehicles worldwide in Q1 2019
Category: Official Press Release
01. May 2019 Mercedes-Benz USA reports April sales of 22,949 vehicles
May 01, 2019 – Mercedes-Benz USA reports April sales of 22,949 vehicles Atlanta, USA – Mercedes-Benz USA (MBUSA) today reported April sales of 22,949 Mercedes-Benz models. Mercedes-Benz Vans reported April sales of 2,682 units and smart reported 85, bringing MBUSA to a grand total of 25,716 vehicles for the month. On a year-to-date basis, MBUSA… Continue reading 01. May 2019
Mercedes-Benz USA reports April sales of 22,949 vehicles
Subaru Corporation Announces Consolidated Financial Results for FYE2019
May 10, 2019
Subaru Corporation Announces Consolidated Financial Results for FYE2019
Tokyo, May 10, 2019 – Subaru Corporation today announced its consolidated financial results for the fiscal year ended March 31, 2019.
In overseas markets, Subaru kept strong momentum on retail sales, as the newly-introduced Ascent led sales in Subaru’s largest North American market. On the other hand, consolidated overseas unit sales fell 4.3% to 865,000 units, for reasons including decreased deliveries of the Forester before the launch of its fully-redesigned version in the first half of the year. Consolidated unit sales in Japan decreased 17.2% to 135,000 units, as sales of Impreza, Subaru XV and Levorg declined, offsetting strong demand for the fully-redesigned Forester launched in July 2018. Consolidated global unit sales of Subaru vehicles decreased 6.3% to 1,000,000 units.
Consolidated net sales declined 2.2% to 3,160.5 billion yen.*1
Subaru’s total production decreased 5.8% to 989,000 units, for the Company’s Gunma plant related factors including changes in plant operation schedules implemented since the fall of 2018 to ensure quality-first production and inspection work as well as production halt in January 2019 due to a defect in the Electric Power Steering unit.
Operating income declined 48.5% to 195.5 billion yen for factors such as an increase in quality-related expenses due to recall campaigns notified in November 2018 and a decrease in consolidated unit sales. Ordinary income decreased 48.3% to 196.2 billion yen. Net income attributable to owners of parent fell 32.9% to 147.8 billion yen.
As the Company is voluntarily adopting International Financial Reporting Standards (IFRS) for its consolidated financial statements from the fiscal year ending March 2020, forecasts for FYE2020 are calculated based on IFRS.*2
Consolidated global unit sales are projected to be 1,058,000 vehicles*3 in prospect of growth mainly in the North American market. The Company projects revenue*4 of 3,310 billion yen, operating profit*5 of 260 billion yen, profit before tax*6 of 270 billion yen, and profit for the period attributable to owners of parent*7 of 210 billion yen.
Currency rate assumptions: 110 yen/US$, 120 yen/euro
*1: With effect from the fiscal year ended March 2019, the Company has changed its accounting policies. In the new method, sales incentives are deducted from net sales, whereas they were previously recognized as SG&A expenses.
For comparison purposes, net sales and SG&A expenses of the previous fiscal year (FYE2018) have been recalculated according to the new policies. The recalculated figures of net sales and SG&A expenses for FYE2018 are 3,232.7 billion yen and 410.5 billion yen, respectively, a decrease of 172.5 billion yen each from the originally-reported figures announced on May 11, 2018. There is no impact of the recalculation on profit figures of the previous fiscal year.
*2: Percent changes from the previous year (FYE2018) for forecast figures are not stated, as results for the previous year are based on the Japanese generally accepted accounting principles (JGAAP).
*3: Under IFRS, revenue recognition timing for unit sales in Japan is on a delivery-to-customer basis, whereas it is on a vehicle registration basis under JGAAP.
*4: “Net sales” in JGAAP is stated as “revenue” in IFRS.
*5: “Operating income” in JGAAP is stated as “operating profit” in IFRS.
*6 “Income before income taxes” in JGAAP is stated as “profit before tax” in IFRS.
*7: “Net income attributable to owners of parent” in JGAAP is stated as “profit for the period attributable to owners of parent” in IFRS.
Note: Vehicle volume figures are rounded off to the nearest thousand.
Forward-looking statements in this document including financial and other forecasts are based on the information available at the time of announcement and are subject to various risks and uncertainties that could cause actual results to vary materially.
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Kia Telluride picks up award at annual Northwest Automotive Press Association’s “Mudfest”
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Big and Bold Utility Vehicle Gives It Everything On- and Off-Road All-new CUV wins “Mid- and Full-Size Family” utility vehicle categoryTelluride also named runner up as NWAPA’s 2019 Outdoor Activity Vehicle of the Year After two days of driving more than 20 vehicles through a mix of on-road handling and off-road courses at The Ridge Motorsports Park in Shelton, Wash., member journalists of the Northwest Automotive Press Association (NWAPA) named the Telluride as the “Mid- and Full-Size CUV” category winner at the association’s 25th annual Outdoor Activity Vehicle of the Year event, also known as “Mudfest.” “We’re honored to hear the Telluride continued its award-winning streak following NWAPA’s Mudfest, especially as it comes on the heels of being crowned the ‘CUV of Texas,’” said Michael Cole, chief operating officer and executive vice president, KMA. “Given the mountainous landscape in the Pacific Northwest, NWAPA member journalists know wha..
Mercedes-Benz Vans: Mercedes-Benz Concept EQV: first fully electric trip in the Mediterranean city of Barcelona
09.
May 2019
Stuttgart/Barcelona
Stuttgart/Barcelona. Shortly after the world premiere at the Geneva Motor Show, the Concept EQV completed its first urban journey. In the port of Barcelona, the concept vehicle showed that the electric future for premium MPVs is just around the corner.
At the Geneva Motor Show at the beginning of March, the world's first fully electric premium MPV was presented to the public: with the Concept EQV, Mercedes-Benz showed what the locally emission-free future can look like in this segment.
Now the Concept EQV has completed its first public drive and presented itself in the port of Barcelona in front of a fitting backdrop. The vehicle is aimed equally at families, sports enthusiasts or quality shuttle services. With its progressive exterior, the Concept EQV caused a stir with passers-by in the fashion and design city. In particular, the EQ-typical radiator grille with its continuous LED strip left a lasting impression.
Its inner values are equally impressive
In addition to its attractive design, the Concept EQV stands in particular for practical, everyday and locally emission-free electromobility. The technical highlights include a range of up to 400 kilometres and an integrated rapid charging function. This means that sufficient energy for approx. 100 kilometres can be charged in about 15 minutes. What's more, the vehicle offers the greatest possible level of comfort in its interior and maximum functionality, for example thanks to the diverse range of possible seating configurations.
The Concept EQV is driven via the front axle by a compact electric powertrain with an output of 150 kW. And with a top speed of 160 km/h, it ensures superior driving pleasure out of town, too. Energy is supplied by a lithium-ion battery with a capacity of 100 kWh. This is installed in the underbody of the vehicle, providing the full space in the interior for passengers.
Very soon, Mercedes-Benz Vans will be taking the next step: a series model is planned on the basis of the Concept EQV which will be presented to the public at this year's IAA in Frankfurt am Main.
Press Contact
Oliver Fenzl
Spokesperson Van Technology Communications – eDrive@Vans
oliver.fenzl@daimler.com
Tel: +49 (0)711 17-4 54 64
Fax: +49 (0)711 17-52030
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JAGUAR LAND ROVER REPORTS APRIL 2019 SALES
× {{dictionary[‘Added to your cart’]}} × {{dictionary[‘CART WARNING’]}} {{dictionary[‘Sorry, your cart is currently full. Please remove ‘]}} × {{dictionary[‘Cookie message and title’]}} × Pagination Warning! Sorry, Please add a number less than maximum pages {{dictionary[‘User Licence – pop up text’]}} You have been detected as being located in: {{userLang}} A media site housing news, photo… Continue reading JAGUAR LAND ROVER REPORTS APRIL 2019 SALES
Mercedes-Benz sells about 182,000 vehicles worldwide in April
10.
May 2019
Stuttgart
EQC Edition 1886 (combined electric energy consumption: 20.8 – 19.7 kWh/100 km; combined CO2 emissions: 0 g/km)*. *Electric energy consumption and range have been determined on the basis of Regulation (EC) No. 692/2008. Electric energy consumption and range depend on the vehicle configuration. Mercedes-Benz sold 181,936 automobiles worldwide last month (-5.5%). In the first four months of the year, 742,809 cars with the three-pointed star were handed over to customers (-5.6%). Sales in China increased to a new high of 232,050 units for the period of January to April (+2.2%). Positive sales momentum from the ongoing success of the new A-Class: More than 49,000 compact cars were delivered worldwide in April (+6.0%). Global sales of smart increased by 14.3% to 11,573 units in April. The Mercedes-Benz EQC (combined power consumption: 20.8 – 19.7 kWh/100 km; combined CO2 emissions: 0 g/km)* can be ordered since May 6. Stuttgart. Mercedes-Benz delivered 181,936 cars in April (-5.5%) and a total of 742,809 in the first four months of the year (-5.6%). The ongoing sales success of the new A-Class resulted in worldwide growth for the compact cars in April (+6.0%). A contribution to this sales success came from the new A-Class Saloon, a further model complementing the compact-car entry into the world of premium saloon cars from Mercedes-Benz. Unit sales of SUVs were still dampened in April by the model changes. Mercedes-Benz Cars expects especially for the new SUV models increasing vehicle availability in the coming months and therefore additional growth opportunities in a highly competitive market environment. Since the beginning of the year, Mercedes-Benz has maintained its market leadership in the premium segment in Germany, UK, France, Switzerland, Sweden, Portugal, Poland, Denmark, Czech Republic, Australia and Canada.
“With the EQC sales launch on May 6, we have reached another milestone along the way to a new era at Mercedes-Benz: The EQC is the pioneer of our future Mercedes-Benz EQ vehicle portfolio,” said Britta Seeger, Member of the Board of Management of Daimler AG responsible for Mercedes-Benz Cars Marketing and Sales. “We are delighted not only with the first fully electric SUV from Mercedes-Benz, but also with strong demand for our new premium SUVs: The new model year of the GLC and GLC Coupé, and also the new GLS, have been available for order since April, and together with the GLE and our new compact cars will provide further momentum in the course of the year.”
Mercedes-Benz unit sales by region and market
In Europe, 71,263 cars with the three-pointed star were delivered last month (-4.8%). In Germany, the region’s core market, sales of 24,970 units in April were slightly below the high prior-year level (-1.3%). In the major markets of France and Russia, unit sales increased in both April and the first four months of the year. In France, Mercedes-Benz actually achieved a new record for January to April (+2.8%).
In the Asia-Pacific region, Mercedes-Benz sold 79,125 vehicles (-1.4%). In China, the region’s core market, sales continued to grow and reached a new high of 232,050 units in the first four months of the year (+2.2%). Unit sales were at a new record level also in April, with deliveries of 57,707 vehicles (+0.8%). In Singapore and Vietnam, unit sales increased at double-digit rates in the first four months and also reached new record levels.
A total of 111,668 units were sold in the NAFTA region from January to April (-11.7%). In the region’s core market, the USA, Mercedes-Benz sold a total of 22,949 vehicles with the star last month (-15.7%). Sales in the USA in the first four months totalled 94,120 units (-10.9%).
Mercedes-Benz unit sales by model
Following sales growth in March, worldwide unit sales of the compact cars increased also in April: More than 49,000 units sold represents an increase of 6.0% for the A- and B-Class, CLA, CLA Shooting Brake and GLA. Worldwide unit sales of the new A-Class continued to grow by a strong double-digit rate in April (+45.3%). The B-Class achieved sales growth in the first four months of the year in the major markets UK and Spain.
With sales of more than 138,000 units in April, the C-Class Saloon and Estate reached the high prior-year level (-0.8%). Sales of the long-wheelbase version of the C-Class Saloon were higher than ever before in the past four months (+10.9%). Sales of the C-Class Estate in the period of January to April increased in markets including Germany, Japan and Belgium.
With deliveries of about 60,000 units of the GLA, GLC, GLC Coupé, GLE, GLE Coupé, GLS and G-Class models, sales of SUVs in April were below the high prior-year level due to model changes (-12.7%). The new G-Class was popular among customers around the world, with strong double-digit growth rates to highs in both April and the past four months.
smart
In April, 11,573 customers worldwide were delighted to receive their new two-door or four-door urban microcars from the smart brand – an increase of 14.3%. The two-door and four-door smart models were especially popular in Europe last month. Unit sales in this region increased by 25.8%, partially driven by double-digit growth rates in Germany, Italy, France, Switzerland, Belgium and Austria. Unit sales by smart in Germany reached a new record in the past four months (+16.2%).
Overview of Mercedes-Benz Cars unit sales
April 2019
Change in %
Year to April 2019
Change in %
Mercedes-Benz
181,936
-5.5
742,809
-5.6
smart
11,573
+14.3
38,621
-5.5
Mercedes-Benz Cars
193,509
-4.5
781,430
-5.6
Mercedes-Benz unit sales in the regions/markets
Europe
71,263
-4.8
295,941
-5.4
– thereof Germany
24,970
-1.3
95,512
-4.1
Asia-Pacific
79,125
-1.4
319,121
-3.1
– thereof China
57,707
+0.8
232,050
+2.2
NAFTA
27,557
-16.9
111,668
-11.7
– thereof USA
22,949
-15.7
94,120
-10.9
Press Contact
Katja Liesenfeld
Manager Global Business Communications
Sales & After Sales Mercedes-Benz Cars
katja.liesenfeld@daimler.com
Tel: +49 711 17-32972
Fax: +49 711 17-790-24594
Christopher R. Springer
Global Business Communications
Sales & After Sales Mercedes-Benz Cars
christopher_renz.springer@daimler.com
Tel: +49 711 17-33806
Fax: +49 711 17-7902-3252
Sofia Stauber
Head of Global Business Communications
Mercedes-Benz Cars
sofia.stauber@daimler.com
Tel: +49 711 17-40598
Fax: +49 711 17790-91184
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Geely Auto New Flagship CMA-based Coupe SUV Launched
Geely Auto’s first model based on Compact Modular Architecture (CMA), Xing Yue launched The world’s first Coupe SUV with PHEV option Comes with three powertrain options; traditional ICE, mild hybrid, and plug-in hybrid PHEV version comes in two battery options with pure electric range of 56km and 80km High performance 2.0T available with a record… Continue reading Geely Auto New Flagship CMA-based Coupe SUV Launched
Allison Transmission Announces Stock Purchase Agreement with Ashe Capital, a $1 Billion Increase to the Stock Repurchase Authorization and Declares Quarterly Dividend
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Bosch invests billions in climate action and air quality
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