Daimler’s Mercedes Sells More Than 600 Maybach Models A Month In China,Sees 3% Increase In Sales In First Quarter

Daimler’s China chief Hubertus Troska told reporters at the ongoing Shanghai Auto Show that the company’s sales rose 3 percent in the first quarter, defying an overall downturn in demand in the world’s biggest car market, thanks to robust demand for ultra luxury vehicles like the Mercedes S-Class Maybach.

He said :

“The Maybach it is still going excellent. Demand is more than 600 a month”

He also added that despite increasing the list price for the car, demand has risen from a sales rate of 500 a month .

“China’s move to lower value added tax will help boost overall demand for cars for the rest of the year”

“I am cautiously optimistic that we can see positive momentum”.