
Mercedes-Benz will begin online sales of its cars in cities in Germany and Poland by the end of the year.

Mercedes-Benz will begin online sales of its cars in cities in Germany and Poland by the end of the year.

When the Berlin Wall fell in East Germany, supplier VEB GPM endured the ultimate shock therapy. “In 1990, the East German auto market completely collapsed,” remembers Andreas Schmidt, grandson of the company’s founder.

Car registrations in Germany rose by 2 percent in July as new models helped automakers such as Opel and Mercedes-Benz to achieve sales gains while Volkswagen brand saw demand for its vehicles decline.

BMW dealers in Germany are opposing the automaker’s plans to expand Web-based sales to include all its models.

The Russian auto market will overcome its current slump and overtake Germany to become the largest in Europe – and the fifth biggest globally – by 2020 as car ownership increases, a Boston Consulting Group study said.