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Mercedes-Benz Malaysia sales increase 9% from previous year

Friday, 13 January 2017

KUALA LUMPUR: Mercedes-Benz Malaysia (MBM) posted an all-time record sales of 11,779 units in 2016, up 9% from 10,845 units sold in the previous year.

MBM president and chief executive officer Dr Claus Weidner said Mercedes-Benz continued to be the No.1 premium car brand locally with a 2.4% market share and hoped to retain its pole position in 2017.

MBM’s record-breaking performance came as demand for Mercedes-Benz vehicles in the Asia-Pacific achieved a new high, increasing by 19.3% compared to 2015 which totalled 734,109 vehicles delivered to customers.

Malaysia was listed as a contributor to this best-in-history growth along with other leading Asia-Pacific countries namely, Japan (+3.5%), South Korea (+25%), Australia (+14.8%) and Taiwan (+17.4%).

Amid the challenging economy, Weidner said MBM’s strategy of prioritising customer service had paid off and kept its sales performance at a steady pace throughout 2016.

He said MBM’s production plant in Pekan, Pahang, produced 7,882 vehicles last year, recording a growth of 2.2% from the previous year.

The group also offered a comprehensive financing at 1.88% and has a loan portfolio of RM1.8bil currently, with 4 out of every 10 vehicles sold being financed and insured by its sister company, Mercedes-Benz Services Malaysia.

Source by: Internet

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