German luxury carmaker Mercedes-Benz sold fewer vehicles in 2024 than in the previous year, the company reported on Friday. The sales decline slowed somewhat in the fourth quarter thanks to a slight recovery in the Chinese market.

Mercedes-Benz sold 204,600 battery-electric vehicles last year. Sales of electric models fell in both the car division and the van business.

Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.

Visually, there are some tweaks that make it the electric version including a new spoiler and a bonnet which is more aerodynamically designed for better range of course

Mercedes-Benz has brought its iconic G 580 EQ SUV, now with an electric heart, to India. The vehicle, which comes at a price of ₹3 crore (ex-showroom), is the perfect combination of robustness and luxury with zero tailpipe emissions. The launch comes as part of Mercedes' plan to cater to the increasing demand for luxury EVs in India.

Benz's core car sales fell in 2024, a tough year for the auto industry marked by waning demand in a weak economy, especially in China, the German luxury carmaker said on Friday. Despite this, Mercedes stock inched higher after the results and was up 4% by 1120 GMT,