Mercedes-Benz Malaysia 1Q sales up 3.2 pct to 3,335 vehicles

KUALA LUMPUR: MercedesBenz Malaysia’s ( MBM) sales for the first quarter of 2018 (1Q18) rose by 3.2 per cent growth to 3,335 vehicles compared with the same quarter last year (1Q17).

In a statement here yesterday, MBM said January recorded an impressive sales of 1,200 vehicles, a 32 per cent increase compared with January 2017.

“Mercedes-Benz remains the undisputed leading premium brand in Malaysia with a 2.8 per cent market share. This is due to customer- centric strategy emphasising on premium products and superior service,” it said.

The company was committed to invest in customer services and network development, it said.

For the quarter under review, MBM’s locally-produced limousines and the compact vehicles rose by eight per cent and 37.3 per cent respectively compared with the same period last year,

“The Mercedes-Benz sports utility vehicle range also remained a growth driver recording 675 units sold, which translated into a 13.6 per cent jump from the same period last year,” it said.

It said complementing the Mercedes-Benz end-to-end experience, Mercedes-Benz Services Malaysia continued to offer financial peace of mind through its customisable financial and insurance solutions, resulting a servicing portfolio of over RM2.4 billion.

It said globally, Mercedes-Benz achieved its best ever quarter at 594,304 units (+ six per cent) sold with the best month of all time in March 2018 at 237,307 units (+ 3.9 percent) sold compared with 2017.

President/chief executive officer, Dr Claus Weidner, said MBM’s long-term strategy of bringing customers close and keeping them at the centre of the company’s activities continued to deliver results. — Bernama