Mercedes posts rise in Q1 sales boosted by EVs, premium cars

FILE PHOTO: The MercedesBenz logo is pictured in Frankfurt, Germany

MERCEDES-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday.

Worldwide sales increased 3% to 503,500 vehicles, with Europe posting the strongest growth at 8%.

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