This article was first published on or about July 4, 2017, on my Seeking Alpha Marketplace site, where subscribers get early access to many of my articles. You can view these articles here: https://seekingalpha.com/author/anton-wahlman/premium-articles
Mercedes reported U.S. June 2017 month sales:
Mercedes delivered a June on very steady footing with the year thus far: Up 1.1%, putting the year down only 0.8%. Likewise, under the surface, Mercedes continues to have some other steady volume performers too:
GLE: Up 6.8% for June, and up 6.5% for the year to date.
Vans: Up 0.7% for June, and up 0.2% for the year to date.
In all seriousness, there are plenty of things that move around on a monthly basis, but even beyond the GLE, the company’s top four sellers were also remarkably even in performance for June:
C-Class: Up 3.6% for June, and up 14.1% for the year.
E+CLS: Up 0.6% for June, and up 10.2% for the year.
GLS: Up 0.2% for June, and up 20.6%.
The weakest performers of any meaningful size for 2017 year to date are:
CLA: Down 7.8% for June, and down 37.5% for the year.
S-Class: Down 21.4% for June, and down 10.7% for the year.
GLA: Up 18.9% for June, but down 19.2% year to date.
GLC: Down 1.1% for June, and down 15.7% year to date.
With close to 180,000 sold in the U.S. in the first half of the year, it would appear Mercedes is tracking to selling 360,000 for the year in the U.S.
Disclosure: I am/we are long GM, F, GOOGL.
Additional disclosure: At the time of submitting this article for publication, the author was long GM, F and GOOGL, and short TSLA. However, positions can change at any time. The author regularly attends press conferences, new vehicle launches and equivalent, hosted by most major automakers.