Daimler says China business picks up again - report

Mercedes-Benz maker Daimler has seen business stabilise in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker told a newspaper on Sunday.

An arrow in front of the Mercedes-Benz Museum shows the way to the Daimler headquarters. File Photo used for representational purpose only. (REUTERS)
An arrow in front of the Mercedes-Benz Museum shows the way to the Daimler headquarters. File Photo used for representational purpose only.

"In China alone, we sold around 50,000 vehicles again in March. That makes us confident,", said Markus Schaefer, managing board member for production, told Bild am Sonntag newspaper.

Also Read : Daimler Mercedes-Benz is stopping hydrogen car development. Here's why

Mercedes-Benz delivered a total of approximately 477,400 passenger cars worldwide between January and March. The report did not say how many of those went to customers in China, who bought 694,200 Mercedes-Benz cars last year, 29% of total sales.

Also check these Vehicles

Find more Cars
Mahindra Ekuv100 (HT Auto photo)
UPCOMING
₹ 8.25 - 10 Lakhs* *Expected Price
View Details
Mahindra S204 (HT Auto photo)
UPCOMING
₹ 12 Lakhs *Expected Price
View Details
Rolls-royce New Ghost (HT Auto photo)
UPCOMING
₹ 6.95 - 7.95 Cr* *Expected Price
View Details
Ferrari Purosanguesuv (HT Auto photo)
UPCOMING
₹ 3 - 3.35 Cr* *Expected Price
View Details
Tata Safari 2023 (HT Auto photo)
UPCOMING
₹ 16 - 24 Lakhs* *Expected Price
View Details
Mg 4 Ev (HT Auto photo)
UPCOMING
₹ 30 - 32 Lakhs* *Expected Price
View Details

Starting Monday, cars are set to roll off Daimler's assembly line again in Germany. The Sindelfingen and Bremen passenger-car plants will start production of E- and S-Class vehicles.

China is the largest market for the S-Class built in Sindelfingen. Normally several hundred vehicles roll off the assembly line in Sindelfingen every day.

"We won't reach this number right away when production starts next week," said Schaefer.

Daimler reported a plunge of nearly 70% in first-quarter operating profit on Thursday due to the pandemic and warned that the cash flow it uses to pay dividends would fall this year.


First Published Date: 26 Apr 2020, 15:42 PM IST
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
70% OFF
VENO Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable (2 in 1 Vacuum Cleaner)
Rs. 899 Rs. 2,999
1% OFF
Godrej aer O – Hanging Car Air Freshener | Car Accessories | Cool Aqua (7.5g)
Rs. 98 Rs. 99
65% OFF
Ambrane 38W Fast Car Charger with Dual Output, Quick Charge 3.0 and Power Delivery, Type-C & USB Port, Wide Compatibility for Smart Phones (RAAP C38 A, Black)
Rs. 349 Rs. 999
68% OFF
PUNZONE Car Body Scratch Remover - Scratch Repair Polishing Wax Kit Sponge Body Compound Cream Wax, Car Body Compound Scratch Remover
Rs. 289 Rs. 898

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.