InvestorsHub Logo


Followers 0
Posts 40567
Boards Moderated 4
Alias Born 10/24/2013


Re: None

Wednesday, 08/07/2019 4:59:37 AM

Wednesday, August 07, 2019 4:59:37 AM

Post# of 85
Mercedes-Benz Canada reports July 2019 sales

TORONTO , Aug. 2, 2019 /CNW/ - Mercedes-Benz Canada and its national dealer network reported sales of 3,996 passenger vehicles, vans, and smarts in July, contributing to a year-to-date total of 26,119 units retailed. In the first seven months of 2019, the top five volume-drivers were the GLC SUV, C-Class Sedan, GLE SUV, GLA, and A-Class Hatch.

In July, Mercedes-Benz Canada retailed 3,507 passenger vehicles, including 1,685 cars and 1,822 SUVs. In the passenger car segment, the E-Class and S-Class families of vehicles saw sales growth of 34.0% and 70.7% respectively, compared to July 2018 . With a 73.2% increase in sales over the same period last year, the GLA was one of the top-performers in the luxury light truck segment in July. Year-to-date, the company delivered 10,079 cars and 12,729 luxury light trucks for a total of 22,808 units sold.

Mercedes-Benz Vans delivered 464 units in July, bringing to 3,105 the number of Sprinter, Sprinter Cab Chassis, and Metris vans sold year-to-date. The division was also recognized in three Vincentric Best Fleet Value in Canada award categories. For the fourth year in a row, the Metris Passenger Van won in the Mid-Size Commercial Passenger Van segment and the Metris Cargo Van took top prize in the Mid-Size Commercial Cargo Van segment. For the eighth consecutive year, the Sprinter Cargo Van 2500 Std Roof 144" WB Gas won in the Full-Size 3/4-Ton Cargo Van segment.

25 smart fortwo vehicles were delivered in July.

Mercedes-Benz Canada's Pre-Owned division reported best-ever July sales of Pre-Owned and Certified Pre-Owned (CPO) vehicles. Over the course of the month, 1,547 units were delivered (+0.2% compared to July 2019 ), of which 1,255 were CPO (+12.4% compared to July 2019 ). In all, 9,864 units were retailed year-to-date, including 8,137 CPO vehicles. CPO penetration has increased by 5.0% year-over-year.

" Mercedes-Benz Canada continued to build momentum in July, with new inventory arriving in showrooms from coast to coast," said Brian D. Fulton , President & CEO of Mercedes-Benz Canada . "Across the dealer network, our team is ready to make this summer memorable for our customers – whether they're looking to experience a breath of fresh air in one of our cabriolets or roadsters, or seeking out the road less travelled in one of our SUVs."

>>> Trip Advisor IS A GROWING STOCK PICK BOARD NOW <<< *** I take PLUS1 donations *** PREeBCGQKPrikA4C1DmrAizAHFDoiiUZA2