Cherreads

Chapter 611 - Chapter 290: Expansion of the Automotive Industry (Part 3)

In addition, the automobile is indeed faster than the carriage and more comfortable to ride. This led to the automobile being quickly accepted by the nobles of Europe and rapidly replacing the carriage to become the most popular means of transportation.

Spain's main automobile factory holds the markets of Spain, Portugal, and Russia, and due to being the original place of the automobile, it is far ahead in sales, vastly surpassing other automobile branches.

By the end of June 1882, Spain's main automobile factory had sold over 5,000 cars, with total sales amounting to more than 60 million Pesseta, and a net profit of 15 million Pesseta.

If it weren't for the production limitations, the number of cars sold would have been even greater.

This sales data also shows that the Royal Mercedes-Benz Company has officially become a cash cow for the Spanish Royal Family, with its rate of earning money not at all inferior to that of the Royal United Bank and the National Bank.

This is the end of Part One, download Chereads app to continue:
More Chapters