Mercedes-Benz Canada's steady growth continued in October

Loading...
Loading...

TORONTO, Nov. 2, 2017 /CNW/ - Mercedes-Benz Canada and its national dealer network are pleased to report continued growth in October with 4,284 units retailed throughout the month, an 11.1% increase over October 2016. Year-to-date, the company sold 44,091 vehicles, a growth of 9.0% over the same period last year.

Year-to-date, the number of Mercedes-Benz passenger vehicles and luxury light trucks sold rose to 38,501, a growth of 12.7% over the same period in 2016. (CNW Group/Mercedes-Benz Canada Inc.)

In October, Mercedes-Benz Canada retailed 1,842 passenger cars (+10.8%) and 1,924 luxury light trucks (+18.5%), reaching an overall total of 3,766 (+14.6%). Year-to-date, the number of Mercedes-Benz passenger vehicles and luxury light trucks sold rose to 38,501, a growth of 12.7% over the same period in 2016. That number comprised 19,539 passenger cars (+8.9%) and 18,962 luxury light trucks (+16.8%), and was supported in part by healthy sales of the E-Class family of vehicles, as well as the GLC Coupe and SUV.

The Mercedes-Benz Vans division reported year-to-date sales of 5,267 units (+7.6%), up from 4,893 in 2016. Compared to the same time last year, sales of Metris Passenger and Cargo vans were up by 28.8%, contributing to the division's growth.

46 smart fortwo vehicles were delivered in October.

Mercedes-Benz Pre-Owned reported its best-ever overall October results with 1,519 units retailed (+22.3%). The division also achieved its best October ever for sales of Certified Pre-Owned vehicles, with 1,130 units retailed (+20.2%). Year-to-date, the division has sold 14,674 units (+8.2%), of which 11,585 were Certified Pre-Owned.

"This year, our sales results have been driven in no small part by the continued growth and popularity of our AMG lineup," says Brian D. Fulton, President and CEO of Mercedes-Benz Canada. "We are also celebrating the Mercedes-AMG Petronas Motorsport team's dominance in the Formula 1 Championships, and are leveraging this momentum as we enter the final stretch of the year."

 OCTOBER 2017

MTD

YTD

2017

2016

%

2017

2016

%

Mercedes-Benz Vehicles

3,766

3,285

14.6

38,501

34,173

12.7

smart

46

65

-29.2

323

1,400

-76.9

Mercedes-Benz Vans

472

506

-6.7

5,267

4,893

7.6

TOTAL

4,284

3,856

11.1

44,091

40,466

9.0

 

About Mercedes-Benz Canada
Mercedes-Benz Canada is responsible for the sales, marketing and service of the Mercedes-Benz and Mercedes-AMG passenger vehicles, Mercedes-Benz Vans and smart. Headquartered in Toronto, Ontario, Mercedes-Benz Canada Inc. employs approximately 1,500 people in 21 locations across Canada. Through a nationwide network of 11 Mercedes-Benz owned retail operations and 48 authorized dealerships, Mercedes-Benz Canada sold 48,320 vehicles in 2016. This represents the best year ever for the company and has positioned Mercedes-Benz as the top luxury manufacturer in Canada for the third consecutive year.

Further information from Mercedes-Benz Canada is available at www.media.mercedes-benz.ca.

SOURCE Mercedes-Benz Canada Inc.

View original content with multimedia: http://www.newswire.ca/en/releases/archive/November2017/02/c2030.html

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...