Mercedes-Benz posted double-digit growth in the first quarter of 2011 as sales rose 12.7% to to 280,552 units worldwide, boosted by high growth in Germany and China.
Sales and marketing chief Joachim Schmidt said: “Based on our success in many markets and numerous new products, we want to achieve a new sales record in 2011.”
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Sales of the brand rose 7.7% in March to 118,357 passenger vehicles.
Q1 China sales rose 78.2% to a record 42,990 units and by 80.4% to 15,242 units in March. Mercedes-Benz also set new quarterly records in Russia and India while sales were up 41.6% in Brazil. High growth rates were also achieved in Taiwan, South Korea and Australia.
US Q1 sales rose 8.4% to 53,346.
