The company said it sold 600,100 cars and vans in the second quarter of 2024. Of those, 51,000 were battery-electric vehicles, representing a 23% year-on-year drop.
"The ramp-up of electric vehicles slowed in key markets, while the company focused on healthy growth in a market environment characterised by heavy discounting," Mercedes said in a statement.
It said its cars segment expects a sales boost in the second half of the year due to improved product availability and market launches.
Rival BMW (BMWG.DE) reported a 1.3% decrease in its overall sales in the second quarter. Its sales of battery-electric vehicles were up 22.2%.
