Mercedes-Benz Q2 Sales Fall, China Competition Intensifies
By Reuters | 08 Jul, 2026

The German carmaker's Q2 sales declined 8% on year to just 417,800 units due to intense competition in China.

German carmaker Mercedes-Benz said on Wednesday sales in its core car business continued to fall in the second quarter, declining 8% year-on-year due to intense competition in China.

• Car deliveries fell to 417,800 in the April-June period, the company said in a statement

• In China, the drop was 30% compared to the same period last year, with the company pointing to "an intensifying competitive environment and the timing of the company's current product ramp-ups"

• Second-quarter car sales rose by 10% in the U.S. and 4% in Europe

• Sales of battery-electric vehicles rose by 50% to 63,000 vehicles, which includes cars and vans

• European carmakers face a cut-throat price war with local brands in China, the world's biggest auto market

• Last month, Mercedes' rival BMW slashed its 2026 core margin forecast to as low as 1%, citing difficulties in China

(Reporting by Danny Callaghan and Rachel More; editing by Linda Pasquini)