China is Mercedes-Benz Cars' largest market in terms of unit sales, surpassing Europe, which was the brand's leading regional market in 2020. In 2023, China accounted for over a third of all new car sales, when some 737,200 Mercedes-Benz cars were sold.
Restart in Egypt
Production of Mercedes-Benz passenger cars will resume in Egypt, according to Daimler’s announcement in May 2019. Assembly lines have not been running for several years and the resumption of activity will be warmly welcomed by locals. This announcement was accompanied by the revealing of new investment plans to set up a logistics hub that aims to put the region up to speed with recent and future developments in automobile technology. For Mercedes-Benz, this could pay off well, as sales and consumer trust in Egypt have suffered since the closure of the Egyptian factory. Now Egyptian consumers will likely have better access to newer designs in the upcoming years.
For many manufacturers of passenger cars, recent years have not been particularly successful, and across some regions, including Europe, North America, and South America, sales have taken a fall. Daimler’s Mercedes-Benz Cars division appears to be coping, despite stalling sales in Europe. Attracting new customers may be hampered as a result of a diesel engine emissions breach affecting 60,000 cars sold in Germany. Yet, the past decade has been rather positive: Mercedes Benz Cars' revenue increased steadily from 57.4 billion euros in 2011 to 133 billion euros in 2023, and worldwide sales have also increased in the same time period.
FAQs
Mercedes-Benz Group sales dipped 6% year on year to 568,400 cars and vans in the first quarter of 2024.
What is the best selling Mercedes? ›
Once again, the GLC was the best-selling Mercedes-Benz model with 342,900 units (+3%) in 2022.
What is the position of Mercedes-Benz in the market? ›
In the market share by revenue category, Toyota (11.4%), Ford (7.9%) and Volkswagen (6.4%) take the lead worldwide. Mercedes-Benz had a 4.55% market share.
What is the #1 selling car in America? ›
1. Ford F-Series. The Ford F-150's offers the best attributes of a modern pickup: power, efficiency, comfort and capability. Add to that a huge range of configurations and options, and you've got the best-selling vehicle in America for 2023.
What is the biggest car brand in 2023? ›
Quiz your mates – or be ready for the next trivia night – with the latest rankings of the world's biggest-selling car brands in 2023. Automotive industry sales data – gathered from car companies, annual reports and other analysis – has shown Japanese giant Toyota led global vehicle sales in 2023.
Who buys Mercedes the most? ›
Mercedes-Benz Cars: regional car sales 2023
China is Mercedes-Benz Cars' largest market in terms of unit sales, surpassing Europe, which was the brand's leading regional market in 2020. In 2023, China accounted for over a third of all new car sales, when some 737,200 Mercedes-Benz cars were sold.
Why is Mercedes falling behind? ›
However, the experiment resulted in no gain through high-speed corners while adding drag to the car that reduced its top speed. "We learned there is a bigger factor with a lack of high-speed cornering performance than just the rear wing," Wolff said.
Is Mercedes-Benz doing well? ›
November 21, 2023 – Mercedes-Benz has further expanded its leading position as the most valuable luxury automobile brand in the world in the current “Best Global Brands 2023” ranking. After five years in a row at number eight, the star now shines as the seventh most important brand in the world.
What is the top 3 Mercedes cars? ›
The 5 most popular cars from Mercedes-Benz are the GLA, GLS, C-Class, GLC, E-Class. These models account for a large portion of Mercedes-Benz sales figures.
What Mercedes holds its value best? ›
The Mercedes-Benz AMG GT (coupe) has the best resale value among Mercedes-Benz models, which retains 60.7% of its value after the first 5 years. Following the AMG GT is the Mercedes-Benz A-Class with 60% resale value. The Mercedes-Benz C-Class (coupe) ranks #3 with a resale value of 59%.
The company that sold the most cars globally is Toyota. The Toyota group including, Toyota, Lexus, Daihatsu, and Hino, sold a combined 10 million vehicles in 2022. Toyota alone is the most sold brand globally selling over 8.5 million vehicles.
What is the #1 fastest car in 2023? ›
The fastest car in the world is: Koenigsegg Jesko Absolut (330 MPH) That title goes to the Koenigsegg Jesko Absolut, which recorded a staggering 330 mph top speed earlier in 2023.
