Sales of Mercedes-Benz Vans powering on

Mercedes-Benz sold over 270,000 vans in 2013, the figure representing year-on-year growth of seven per cent

German automotive giant Mercedes-Benz has announced its van division is charging ahead, with year-on-year sales growth of seven per cent in 2013 and an increase in earnings of 16 per cent, to Euro 631 million ($A934 million).

The manufacturer reports it invested around Euro 600 million ($A888 million) in van-related facilities, products and sales last year, and it’s confident it can make a considerable increase in sales for 2014, while retaining its earnings before interest and tax at last year’s level. It sold over 270,000 vans worldwide through 2013.

“We achieved a very good result in 2013 and continue to remain the most profitable van manufacturer,” said Volker Mornhinweg, Head of Mercedes-Benz Vans.

“At the same time, we achieved double-digit growth rates in China, Latin America, and Eastern Europe. Moreover, our return on sales of 6.7 per cent continues to make us the most profitable van manufacturer.”

Sales increased by three per cent in Western Europe, 40 per cent in Latin America, six per cent in the US, and 44 per cent in China (where 12,700 units were sold, in what is now the fifth-largest market for vans).

“We achieved a lot last year and consistently forged ahead with our ‘Mercedes-Benz Vans goes global’ growth strategy,” says Mornhinweg.

“Through our production and sales operations, we are now more active than ever before in the key growth regions — the United States, Latin America, China, and Russia. At the same time, we are using our almost completely revised product range to exploit growth opportunities in our established markets. As a full-line provider, we offer our customers every imaginable van business configuration, from the Citan urban delivery vehicle to the Sprinter large van.”

Sales of Mercedes-Benz Vans powering on

Tags