Is Mercedes losing market share?
Mercedes-Benz Q1 2025 sales drop 7% as demand slows in key markets. Sales for the brand declined by 10% in China and Germany, and 7% across Europe. Battery electric vehicle sales dropped 10%, falling to 45,500 in Q1 2025 from 50,500 in Q1 2024. Credit: Mercedes-Benz. Mercedes’ earnings before interest and taxes dropped 41% year-on-year to €2. Wednesday. Net profit plummeted 43% to €1. In Mercedes’ car division, the adjusted operating margin fell 1.BMW ‘s net profits slumped by more than a third in 2024, flagging continuing subdued demand in the Chinese market. Net profit for the year fell by an annual 36.Mercedes-Benz Group has reported revenue of €145. Net profit for the year 2024 also saw a decline, reaching €10.
Who has more market share BMW or Mercedes?
In H1 2024, the BMW Group – which, as a reminder, comprises the BMW, Mini, Rolls-Royce and BMW Motorrad brands – reported a worldwide sales figure of 1 213 359 units . For the record, that represents a 0. The BMW Group beat the Mercedes-Benz Group and repeated the feat in the brand race. Mercedes-Benz vs BMW: Which Brand is More Popular? Both Mercedes and BMW are popular brands in the automotive industry. According to sales data, BMW sells more cars than Mercedes in the United States. However, Mercedes has a larger global market share than BMW.Mercedes finished 2017 with car sales of 375,311 – just ahead of BMW’s sales of 352,790 – making it the best-selling luxury/premium brand for the second year in a row. In May of 2018, Mercedes’ brand value surpassed that of its rival.Mercedes-Benz just dethroned BMW as the king of luxury cars in America. The results are in. Mercedes-Benz is now the top selling luxury car brand in the US. Mercedes took the top spot selling 340,237 vehicles in the US in 2016.After comfortably beating Audi, the final numbers from Mercedes show that the three-pointed star failed to catch BMW. Although the Stuttgart-based company enjoyed a 9% boost in sales last year, the Bavarians still came out on top. In 2024, Mercedes shipped 324,528 vehicles to American buyers.
Is Mercedes profitable?
Mercedes reported a first-quarter profit margin for its car business of 7. Group earnings before interest and taxes plunged 41% year on year to 2. Mercedes-Benz Group AG pays annually dividends. Payout is in May.BLEAK OUTLOOK. After a 30% slump in earnings in 2024, and 40% in its cars division, this year will see earnings fall even further, Mercedes-Benz said, expecting a rate of return in its car division of just 6-8%.In the fiscal year of 2024, the Mercedes-Benz Group recorded a net profit of 10.Mercedes-Benz Group Dividends and Buybacks Mercedes-Benz Group is a dividend paying company with a current yield of 7.
Is Mercedes in debt?
Total debt on the balance sheet as of December 2024 : £72. Billion. According to Mercedes-Benz’s latest financial reports the company’s total debt is £72. Billion. A company’s total debt is the sum of all current and non-current debts. Total debt on the balance sheet as of December 2024 : $88. Billion USD. According to BMW’s latest financial reports the company’s total debt is $88. Billion USD. A company’s total debt is the sum of all current and non-current debts.Total debt on the balance sheet as of December 2024 : £4. Billion. According to Rolls-Royce Holdings’s latest financial reports the company’s total debt is £4. Billion. A company’s total debt is the sum of all current and non-current debts.
Is Mercedes good long term?
Our Mercedes-Benz vehicles are a popular choice and for good reason. So, how long do Mercedes-Benz vehicles last? Many experts agree that Mercedes-Benz vehicles can last anywhere from 150,000 to 200,000 miles on average with routine maintenance. How Many Years Do Mercedes-Benz Vehicles Last? Similar to the number of miles, the number of years your vehicle will last depends on many factors. If you drive your vehicle for around 15,000 miles annually and are proactive with your maintenance, your Mercedes-Benz should last 10 to 17 years.That being said, some recent studies show that BMW models can last up to 200,000 to 250,000 miles, with an average lifespan of at least 15 years. On the other hand, Mercedes-Benz vehicles tend to last up to 150,000 to 200,000 miles with an average lifespan of over 10 years.Mercedes cars can be long-lasting if you take care of them. Spending extra to care for your new Mercedes-Benz can help increase its longevity and protect your investment for years.A Mercedes-Benz car is synonymous with luxury, quality, safety, and reliability. There is a reason why so many car lovers dream of owning a Mercedes-Benz car in their lifetime. The pride and class that are attached to these luxury cars are unmatched. It is a well-known brand that is rare and unique.So, how long do Mercedes-Benz vehicles last? Many experts agree that Mercedes-Benz vehicles can last anywhere from 150,000 to 200,000 miles on average with routine maintenance. In fact, you may even get more mileage out of your Mercedes-Benz vehicle if it has been properly taken care of.
Is Mercedes better than BMW?
While both BMW and Mercedes-Benz prioritise safety and reliability, Mercedes-Benz often leads the way with advanced safety features and a strong reputation for durability. However, BMW has made significant improvements in recent years and newer models are generally reliable. Mercedes-Benz cars uphold a particular reputation among luxury brands, one that balances cutting-edge technology with high-quality materials and powerful engines. More affordable brands, such as Toyota and Honda, rank higher in their reliability ratings, but there’s no mistaking the value and status of a Mercedes.If you value comfort, Mercedes is a top pick in the luxury car scene. But if you’re looking for a thrilling driving experience, BMW is the way to go. BMWs also have better reliability and safety. Hopefully, that information about BMW and Mercedes was helpful!Here’s Why Porsche Is Better Than the Other Luxury Brands While brands like Mercedes-Benz have long been synonymous with opulence and engineering prowess, Porsche stands apart as the pinnacle of driving purity, blending cutting-edge technology with an unwavering commitment to the thrill of the road.As the ultimate driving machine, BMW is known for providing an unmatched performance-focused experience, while Mercedes-Benz is praised for its classic luxury, outstanding comfort, and understated grace.