Sales of Mercedes-Benz and BMW cars tumbled in March as buyers around the world continued to avoid premium cars, data from the two German manufacturers showed.
However, there were some signs of recovery.
Mercedes-Benz sales were down 18 per cent in year-on-year terms to 98,500 cars, carmaker Daimler said in Stuttgart. But it noted that this had been a less steep drop than the 28 per cent it suffered in February or the slump of nearly one third in January.
World sales of BMW, Rolls-Royce and Mini cars in March were down 17 per cent in annual terms to 126,375 cars, BMW Group said in Munich. [Read more...]
