MERCEDES CUTS PRODUCTION OF THE S-CLASS DUE TO DECLINE IN SALES

After a 37% drop in sales in the first quarter, Mercedes has confirmed the rumors that it has decided to cut production of the S-Class.

The iconic car recorded only 16,900 sales in the first quarter of 2024, including AMG and Maybach derivatives. Although details of S-Class sales for the second quarter have not been released, combined deliveries of the Class have dropped nearly 23%, to 33,400 cars.

In a conversation with Automobilwoche, a spokesperson for the German company announced that the S-Class will be produced in a single shift at Plant 56 in Sindelfingen, Germany, a change that will take effect later this month.

According to the report, the automaker has been underutilized for months due to the sharp decline in sales. The publication also cited an internal component supplier saying that cutting S-Class production is a “disaster.”

It’s worth noting that Mercedes is working on an interim update for the S-Class. At the end of June, CEO Ola Källenius stated that the company is spending “much more” than it normally invests in a redesigned model.

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2024-08-26T23:45:40Z dg43tfdfdgfd