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Mercedes-Benz Sells Most Cars Ever In September

Tyler Durden's picture




 

The electric car dream may be ending, one flaming Lithium Ion battery pack a time (no matter how Borgified the cult following of the carmaker may be), but when it comes to combustible engines, some have never had it better. Such as Mercedes.

According to Reuters "Daimler's luxury brand Mercedes-Benz sold the most cars in one month in its history in September, German paper Bild reported on Thursday. The carmaker sold over 142,000 cars last month, a rise of 15.9 percent, driven by demand in China and the United States, the paper said in an advance copy of an article to be published on Thursday."

The world's fascination with Mercedes may also explain why a Benz is also the car that recently sold for a record $30 million price at a car auction.

A Mercedes-Benz car that Juan Manuel Fangio drove to two Grand Prix victories sold today for 19.6 million pounds ($29.7 million), a record for a car at auction.

 

The 180 MPH Mercedes was being sold by the Emir of Qatar, who acquired it from the German industrialist Friedhelm Loh about eight years ago, according to dealers with knowledge of the car. A spokesman in the Emir’s office said he would not comment on personal matters.

 

The silver Mercedes W196 didn’t carry a formal valuation at Bonhams’s 20th-anniversary “Festival of Speed” sale. The London-based auction house only said the price was likely to be higher than the record $16.4 million paid for a 1957 prototype Ferrari Testa Rossa at Gooding & Co. in California in August 2011.

 

“You’re in a club of one with this car,” Dave Kinney, publisher of the U.S.-based Hagerty Price Guide, said about the Mercedes before the auction. “You can’t race it with your fellow Ferrari GTO owners. It is a very significant piece of Grand Prix history. While its future use-potential is slight, it exudes the history of perhaps the greatest era in racing.”

 

The straight-eight, 2½-liter Mercedes is a variant of the streamlined aluminum-bodied “Stromlinienwagen” in which Fangio won the 1954 French Grand Prix.

So who again says the wealth effect does not trickle down... If mostly to the Mercedes-Benz and the 0.01%-ers bottom line that is.

 

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Thu, 10/03/2013 - 08:21 | 4017779 GetZeeGold
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Can't walk a step in DC without running into a Benz.

 

It's almost like DC is a GM free zone.

Thu, 10/03/2013 - 08:43 | 4017852 negative rates
negative rates's picture

Welcome to the partnership, where you pay to buy, and then continually pay top dollar to maintain.

Thu, 10/03/2013 - 09:08 | 4017932 Motorhead
Motorhead's picture

Wie warme Semmel!

Thu, 10/03/2013 - 09:21 | 4017984 iDealMeat
iDealMeat's picture

Long Boston Breaks..

Thu, 10/03/2013 - 10:58 | 4018373 MachoMan
MachoMan's picture

All the wannabes have mercedes here...  aside from not being able to afford them, they get to drive 1.5 hours each way to service them...  good luck with that shit.

Thu, 10/03/2013 - 11:36 | 4018563 JacksNight
JacksNight's picture

Remember when Michael Hasting's vehicle was hacked and he was murdered?  Here I thought that would be a bearish sign for the benzo...RIP Michael

Thu, 10/03/2013 - 12:12 | 4018724 imaginalis
imaginalis's picture

"Daimler's luxury brand Mercedes-Benz sold the most cars in one month in its history in September"

They didn't sell very many to alternative media journalists or whistleblowers

Thu, 10/03/2013 - 08:22 | 4017783 29.5 hours
29.5 hours's picture

Tylers, who cares about this msm crap?  There are big issues out there--like the first interview with the owner of the secure e-mail service that shut his shop down.

http://www.nytimes.com/2013/10/03/us/snowdens-e-mail-provider-discusses-...

 

Thu, 10/03/2013 - 08:24 | 4017786 praps
praps's picture

Natural law:

 

All stimulus ends up in the pockets of asset holders.

Thu, 10/03/2013 - 08:47 | 4017867 LetThemEatRand
LetThemEatRand's picture

In this case, correlation clearly does mean causation.

Thu, 10/03/2013 - 08:27 | 4017799 Dagny Taggart
Dagny Taggart's picture

OK ZHers... 'fess up. Who here has the balls to admit they drive a Mercedes? I know you're out there...

Thu, 10/03/2013 - 08:31 | 4017809 GetZeeGold
GetZeeGold's picture

 

 

I have a 4 wheel drive Avalanche.....I drive over them.

Thu, 10/03/2013 - 08:34 | 4017830 the not so migh...
the not so mighty maximiza's picture

2002 tracker here, Benz are nice though, i am curious how many are financed compaired to bought with cash though

Thu, 10/03/2013 - 08:38 | 4017841 jaap
jaap's picture

my G400CDI Brabus eats Avalanches for breakfast

Thu, 10/03/2013 - 08:47 | 4017869 LetThemEatRand
LetThemEatRand's picture

I have a 1968 280sl convertible with a blown engine that lives in my garage.  Does that count?

Thu, 10/03/2013 - 08:53 | 4017882 Cognitive Dissonance
Cognitive Dissonance's picture

As long as the convertible works.........yes.

<It can leak like a sieve, but it must be somewhat operable.> :)

Thu, 10/03/2013 - 09:11 | 4017941 timbo_em
timbo_em's picture

I have a 1997 SL 500 that I bought 5 years ago. Probably one of my best investments ever.

Thu, 10/03/2013 - 10:22 | 4018162 asteroids
asteroids's picture

99 C43 here. It's a lovely car to drive.

Thu, 10/03/2013 - 11:04 | 4018406 Scarlett
Scarlett's picture

2011 C class here.  Solid stuff.

Thu, 10/03/2013 - 11:15 | 4018474 walküre
walküre's picture

Are you looking for someone to take it of your hands?

Thu, 10/03/2013 - 08:33 | 4017816 CaptainObvious
CaptainObvious's picture

It wasn't me.  I drive a 13 year old Toyota with 267,000 miles and no government-mandated black box.  I pay less in repair bills in a year than a brand new Mercedes owner pays in three months of car payments.

Thu, 10/03/2013 - 10:52 | 4018318 MachoMan
MachoMan's picture

16 year old toyota here...  and I pay less in repair bills in a year than a mercedes owner pays for an oil change...

Thu, 10/03/2013 - 08:33 | 4017819 AG BCN
AG BCN's picture

Every North African taxi driver in Paris has one. It ain't no big deal. If you're talking S class and big wagons, that's a different story. 

Thu, 10/03/2013 - 08:41 | 4017834 Cognitive Dissonance
Cognitive Dissonance's picture

I confess. Mrs Cog came into my life several years ago trailing a 9 year old (fully paid for) black Mercedes SUV. It was a package deal and she made me an offer I couldn't refuse.

<But I fully admit that the 4 wheel drive comes in handy up here on the mountain so I'm keeping both Mrs Cog and the Mercedes.> :)

Edit: Mrs Cog just informed me that it is AWD and NOT 4WD. And that any self respecting Mercedes (wanna-be) would know that. I'm so ashamed.

Thu, 10/03/2013 - 08:42 | 4017848 Oro
Oro's picture

I have a couple, 2012 E350,  2008 E350, and 2003 ML350.  Great cars!

Thu, 10/03/2013 - 08:48 | 4017871 Cognitive Dissonance
Cognitive Dissonance's picture

Mrs Cog has the 2002 ML320.

On a side note we live at the end of a dirt road off a dirt road in the middle of nowhere. Needless to say you don't keep cars clean out here. The other day the 15 year old teenager was climbing into the Mercedes when she happened to noticed the two inches of dirt caked on the vehicle. Much to her dismay she cried out "What color is THAT?"

That color is "dirt" honey. Good ole southwestern Virginia dirt.

Thu, 10/03/2013 - 09:25 | 4018001 GeezerGeek
GeezerGeek's picture

I used to have one. Then Mercedes got rid of the Chrysler stuff and my 1998 Dodge Intrepid went back to being an American car for a while, before it became an Italian one. Perhaps I should have painted it red and put a prancing horse on the hood...

Thu, 10/03/2013 - 08:27 | 4017803 SilverIsKing
SilverIsKing's picture

Unless we see a similar result for BMW and other high end autos, I don't buy this. A wealth affect would effect all car makers in this class.

If not, I would attribute this uptick with Mercedes to some sort of backlog that got filled or fleet purchases or something else out of the ordinary.

Thu, 10/03/2013 - 09:23 | 4017985 NidStyles
NidStyles's picture

No, the wealth effect follows trends, this is why hedonic regressions are so useless, because all you have to do is ignore the trends and track the prices that are not rising as quickly... This is why the CPI is so flawed.

Thu, 10/03/2013 - 08:34 | 4017808 Mercury
Mercury's picture

So who again says the wealth effect does not trickle down... If mostly to the Mercedes-Benz and the 0.01%-ers bottom line that is.

Like what is quickly happening with air travel, enjoyable, non-automated automobile travel and recreation will soon be enjoyed only by a tiny few at the top and the rest of us will just have to take what we can get/afford.  But this will mostly be the result of government and technology with economic dynamics actually running a distant third place.

 

 

Thu, 10/03/2013 - 10:18 | 4018151 Uncle Remus
Uncle Remus's picture

Meh, I gave up air travel along time ago, but not because of cost. The US passenger rail system is a joke. I drive.

Thu, 10/03/2013 - 08:34 | 4017822 Mr. Magoo
Mr. Magoo's picture

You can buy a Mercedes for as low as 29,995 (Superbowl commercial with Willem Dafoe). So with 0% interest for 72 months, Any non qualifying deadbeat can buy a Mercedes and pretend with 0 dollars in his wallet

Thu, 10/03/2013 - 08:39 | 4017842 Cognitive Dissonance
Cognitive Dissonance's picture

I resemble that.

<I'm an overqualified deadbeat.>  :)

Thu, 10/03/2013 - 08:34 | 4017825 falak pema
falak pema's picture

ZH and Tylers are now going rampantly, even jubilantly, socialist; lol.

I think those libertarian diehards will have a problem with this line of reasoning; as will the USA, USA crowd, who think TESLA is the promised land of US "re-exceptionalism" personnified. 

As Soros said : this is the new age of German hegemony; lets hopes it stays "benign" like during a "retro Marshall Plan".

Mutti to Obammy's rescue, Benz the new Hindenberg that doesn't TESLA!

Wow, what with Putin "occupying" Syria will German excellence "occupy" WS razmataz?

Thu, 10/03/2013 - 09:18 | 4017971 NidStyles
NidStyles's picture

Maybe you haven't noticed, but most of us ignore what the Tylers say. It's been like that for quite some time. You're likely just now starting to notice the divergence between the commentary and the Tylers.

Thu, 10/03/2013 - 09:47 | 4018049 falak pema
falak pema's picture

What makes this site exceptional is the Tylers ; what makes this site dumber than dumb is that guys like you think that ZH is the roll call of the faithful to the creed of the ignorant and arrogant; keepers of the pioneer flame of libertarians, sons of "Davy crockshit"; part of the Buffalo Bill greatest show on earth.

Keep playing at being a diehard, you may end up in a John Ford movie; in heaven of course.

No offence meant to that historical hero Davy Crockett, just to his stetson wearing "holier than thou" avatars who ride the Net like it was their new frontier. 

Thu, 10/03/2013 - 08:41 | 4017844 Uncle Remus
Uncle Remus's picture

Obama, won't you buy me a Mercedes Benz

My friends all have Chryslers, I must make amends.

Entitled my whole lifetime, no help from my friends

Obama, won't you buy me a Mercedes Benz

 

(apologies to Janice)

Thu, 10/03/2013 - 08:43 | 4017860 Dagny Taggart
Dagny Taggart's picture

+1 Bravo!

Thu, 10/03/2013 - 08:40 | 4017845 e-recep
e-recep's picture

Rich getting even richer.

Thu, 10/03/2013 - 08:45 | 4017863 El Tuco
El Tuco's picture

The worst cars you can buy in order....

1. Anything VW

2. Audi

3. Mercedes and or BMW

4. Chrysler Caravan

Ever notice the more expensive a car gets the shittier the driver is....

Thu, 10/03/2013 - 09:16 | 4017963 NidStyles
NidStyles's picture

I wouldn't touch any of those vehicles with a dirty glove, but they seem to have quite a crowd of followers. I guess people like unreliable piles of garbage money pits...

Thu, 10/03/2013 - 09:18 | 4017972 lance_manion
lance_manion's picture

Sorry Tuco; as a self-confessed car junkie I must take issue with this.  While I can agree to seeing a Caravan on any worst cars list, your list is based on what, exactly?  Value, perception, quality?

Thu, 10/03/2013 - 10:35 | 4018229 El Tuco
El Tuco's picture

Quality. Repair/parts cost. But hey if you don't hang onto the car for more than a few years then it may work out for you. I typically keep mine for about 15 years.

Thu, 10/03/2013 - 12:28 | 4018823 zhandax
zhandax's picture

I am currently driving my 3rd BMW and my 4th Mercedes.  I don't buy them (cash) until they have around 100k miles (just broken in).  The 2nd BMW rolled past 320k miles before it was replaced .  I maintain them myself.  If you do not, YMMV.

Thu, 10/03/2013 - 10:12 | 4018130 pursueliberty
pursueliberty's picture

Your list isn't terrible, but I'd like to add:

 

Based solely on the little electrical gremlins and minor issues that cause dealer visits:

Range Rover needs to be at the top of not getting what you pay for.

Audi has terrible quality issues over time

 

I worked on cars while in college and I saw nicer 200k mile accords from the 90's than any 90's BMW that ever came into the shop.

Thu, 10/03/2013 - 09:14 | 4017952 Cryogenic
Cryogenic's picture

You have got to appreciate the current day normal, where the average person struggles to make ends meet, but the rich goes on spending spree.

Thu, 10/03/2013 - 09:15 | 4017954 NidStyles
NidStyles's picture

Sounds like people are getting rid of their dollars.

Thu, 10/03/2013 - 09:16 | 4017959 NoWayJose
NoWayJose's picture

Grab your spray bottle and a rag, stake out a redlight, and hope for a handout after you clean the windshield on one of those Benz's... Trickle down in action...

Thu, 10/03/2013 - 09:15 | 4017961 jmcadg
jmcadg's picture

Wow, are there quite a few Michael Hastings wannabees?

Thu, 10/03/2013 - 09:28 | 4018004 torak
torak's picture

It's good to be the King.

- Mel Brooks: The History of the World P1

-- OR --

It's good to work for Goldman Sachs. 

Thu, 10/03/2013 - 09:37 | 4018032 bookwurm
bookwurm's picture

Coincidentally, I saw this last night. the casual nature of safety concerns and an air of innocence are truly from another era...

http://www.youtube.com/watch?v=rAiKovUL8FM

 

Thu, 10/03/2013 - 09:51 | 4018075 yogibear
yogibear's picture

See more and more $100k plus cars around. A statement of people gourging themselves on equity gains.

On Wall Street and DC it's crazy. All times during the week you have to wait in line for the average $70 per person meal.

Flaunting the Fed's QE bubble.

Thu, 10/03/2013 - 12:25 | 4018153 Save_America1st
Save_America1st's picture

Gee, I hope that means Mercedes has fixed that nasty defect where the transmission and engine explode in massive fireballs out of the car leaving the driver fried to an unidentifiable "crisp".

I mean, if it was my company, I sure would look into that little problem since I claim to make the safest cars in the world.

As a car buyer, I would be extremely concerned about my Mercedes erupting into C4-type induced explosions "spontaneously" like that. 

Was there a recall by Mercedes about their cars exploding...well for lack of a more fitting term, like "car bombs"???

I'd be concerned also that the "official" police report blames inferior German engineering.  I mean, if your husband or son or wife or daughters brand spankin' new Mercedes exploded so violently as to dislodge and eject the entire engine and drive train while burning them alive inside said death trap, wouldn't you want an investigation of Mercedes or file some kind of wrongful death lawsuit?

Hmmmm....I'm pretty sure my lawyers would be all over that multi-million dollar case before you could say "assassination".

Oh well....I'm glad it all worked out for Mercedes in the end even if it didn't work out too well for Michael Hastings.  I guess the uninformed sheeple don't mind a little "risk" being behind the wheel of the most explosive death trap ever as long as they keep their mouths shut and do what they're told. ;-)

 

 

Thu, 10/03/2013 - 16:09 | 4020038 Ratscam
Ratscam's picture

if i were hastings widow, i would sue them silly.
no mass media coverage of mercedes engines flying around during accidents, interesting.Engines are part of the crumbling zone during a frontal collision, so they are designed to stay in the car. what a cheap assasination.

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