Based on first quarter numbers for 2018 that were revealed earlier today, Mercedes-Benz Malaysia (MBM) looks set to improve on its record-setting performance in 2017.
The company sold 3,335 vehicles in Q1 this year, an increase of 13.2% compared to the same period in 2017, in which 2,945 vehicles were shifted. This was good enough to give it a 2.8% market share, a 0.5% improvement over that of Q1 2017.
It also announced that sales numbers in January and February were the best on record. In the first month of the year, 1,200 vehicles were sold, a 32% increase over that registered in the same month in 2017, while February saw sales amounting to 1,185 units.
The brand’s compact cars (A-Class, B-Class, GLA and CLA) had the biggest year-on-year percentage increase, the 596 units sold representing a 37.3% jump over that in 2017. Sales in this segment were led by the X156 GLA facelift.
The largest chunk of sales was however provided by the company’s locally-produced luxury sedans, namely the C-, E- and S-Class. A total of 1,965 units were sold in the first three months, an eight percent increase over the same period last year.
As for the brand’s SUV range, the 675 units sold in Q1 translated into a 13.6% improvement over the previous year. The Dream Cars range also chipped in, the 94 units shifted marking a 1.1% increase in volume compared to the same period in 2017.
“It was a stellar first quarter for us in 2018, our best ever first quarter, as we successfully sold an impressive 3,335 vehicles. We are pleased that our diverse portfolio of over 50 fascinating vehicle variants paired with our value-driven campaigns and engaging events continue to excite our customers and meet their diverse lifestyles and requirements,” MBM’s vice president of sales and marketing Mark Raine said.
The company also announced that its after-sales network also serviced 36,000 vehicles in the first quarter, an 18% increase over the same period in 2017.
Mercedes-Benz Services Malaysia (MBSM), meanwhile, continued to grow its servicing portfolio to RM2.4 billion in Q1 2018, a RM200 million increase from the end of 2017 and a marked improvement from the RM1.9 billion it recorded in the first quarter of 2017.
As before, the company said that four out of every 10 Mercedes-Benz vehicles sold in the country were financed and insured by Mercedes-Benz Financial.
So what was that bollocks about MY pipu going poor again? I think its more like keeping up with the Jones of these ever growing rich pipu.
Becoz price gone down 16%
https://paultan.org/2018/04/04/miti-deputy-minister-says-average-car-prices-have-gone-down-by-16-38-percent/
You are the bollocks. Those can afford to buy Mercedes are in the top 5% of the Economy while most are in the M40 & B40. Stop spreading Fake News
Tu lah jangan fake news terlampau. If u read carefully, majority of sales increase is thru whole ranges from C keras to S keras. Meaning those M40s & U20s who got money to buy. A keras is for those barely able to afford but this segment is less, meaning customers prefer to save up more and just go for C keras.
Paham economy tak dik?
Malaysia on track to high income country.
MBM sales up!
MBM sales up.
BMW sales up.
VolvoCar sales up.
Ini mesti something wrong ni. MY pipu got too much money.
people has been saying rich getting richer while poor malaysians stay poor.
did mbm release news saying their purchasers came from newly rich people? and do note its mostly the A series contribute to it. lowest class of merc.
Nobody will buy a Mesidis every month lah. Use logic. Only way it can get 13% Q1 growth is becoz more pipu can buy it now. That means pipu earning income become higher.
and Mesidis pipu upgrade to owning yacht.
And to supercars, to helicopters, to business jets, etc. So?
Mesidis record sales, P1 all time low. Then supermarket ibarat diserang zombies.. whut logic?
Can’t wait to see the all new A class
aiyoo yoo, if Mercedes Malaysia continue like this, their sales might even beat Proton soon.
And their cars are RM300k and a Proton is RM30k
Goes to show, Malaysians will struggle hard just to make money to buy a good car and totally reject their Proton
Rather than purchase, I think many will adopt their Agility Finance.
Every year 300,000 fresh graduates buy Proton as their 1st car.
MBM make a killing on their sales. Prices are way too high cause they are taking advantage of high car prices in Malaysia
For example, Mercedes GLE400 in US is USD60k (RM220k). In Malaysia, it is RM650k
Only country in the world where prices are 3x ganda world prices.
And yet sales keep increasing. Ur logic taboleh pakai lor.
MBM sold more S class than Proton sold their Perdana. And this is despite the fact most Perdana is Government ordered
And Proton said the PErdana will be Game Changer and wipe out all other D segment cars. During launch they said Camry, Teana and Accord sure collapse
Deswai Merc & P1 under same car group. Share tech & vendor like Volvo.
Well done Mercedes-Benz!!! Do keep up the good job!!!
MBM, pls do CKD and sell the electric smart at good price here
Smartcar is under Brabus brand now.
I love to see more and more beautiful, advance and safe German cars on our road
I hope the BMW can do the same and bring more great cars with value for money to our shore too
holy shit i never realize mercedes have such huge business in malaysia. only their after-sales service alone 2.4 billion in 1 quarter meaning target almost 10 billion for 2018.plus the sales of new cars, plus the financing arm, total maybe 20 to 30 billion annual revenue ?