What is the market share of Mercedes Benz?
It accounted for 21% of the makes revenue in 2022. In the market share by revenue category, Toyota (11. Ford (7. Volkswagen (6. Mercedes-Benz had a 4. If this report contains a copyright violation, please let us know. Depreciation. Due to the faster depreciation rate of luxury cars, buying a used Mercedes can be more attractive than you think. The value of a Mercedes will see the biggest hit within the first 5 years of its life, this makes the initial purchase price less of a concern if you are looking at a vehicle 5+ years old.Mercedes-Benz sales declined 12% in Q3 to 525,300 vehicles, primarily due to U. S. China, while Germany and other regions showed stronger performance.Mercedes-Benz Sales by Major Market or Country in 2023 – thereof U. S. China remained the most important single-country market for Mercedes-Benz in 2023 followed by the US and Germany.The luxury car market saturation heavily influences Mercedes vehicles’ depreciation. Numerous similar high-end models compete intensely, making it harder for any single vehicle to stand out in resale value. Additionally, higher maintenance and repair costs deter potential buyers, dampening demand on resale markets.
Is Mercedes better than BMW?
There are some subtle details to consider, though. 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. Mercedes, which is faster? Understand that when it comes to raw power and acceleration, BMW tends to have an edge over Mercedes-Benz. BMW vehicles are renowned for their powerful engines and agile handling. Models like the BMW M5 and M3 are widely recognized for their blistering acceleration and top speeds.While both BMW and Mercedes-Benz produce high-quality, luxury vehicles, Mercedes-Benz has a slight edge in terms of overall reliability. Mercedes’ focus on durability and comfort contributes to fewer maintenance needs, longer-lasting components, and potentially lower repair costs.Luxury vehicles like Mercedes are made with high-quality materials and components, which come at a higher cost. When it comes to repairs, these parts can be more expensive to replace or repair compared to those in non-luxury vehicles.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.
What is Mercedes profit for 2024?
Mercedes-Benz Group has reported revenue of €145. Net profit for the year 2024 also saw a decline, reaching €10. Mercedes-Benz’s revenue fell short of expectations in the second quarter of 2024. The German luxury carmaker anticipates continued weak demand and has adjusted its margins guidance downward.The Mercedes-Benz G-Class has the best resale value among Mercedes-Benz models, which retains 60. Following the G-Class is the Mercedes-Benz AMG GT (coupe) with 59.Within the BMW lineup, models like the 3 Series and 5 Series sedans, as well as the X5 SUV, often retain their value well. For Mercedes-Benz, the C-Class and E-Class sedans, along with the iconic G-Wagon, demonstrate strong resale performance.Mercedes-Benz EQS Sedan It costs less than the Mercedes and has more cargo room. It also has quicker acceleration and better fuel economy. However, the EQS Sedan surpasses the Tesla in more categories overall. It scores better for reliability and has superior seat comfort.Therefore, Mercedes-Benz’s luxury positioning and its costly long-term maintenance fees are parts of its weaknesses in attracting a larger group of consumers in the EV market. Mercedes-Benz underwent several large-scale recalls in its history due to emission scandals and fire risks in its EV model EQS and EQC.
Is Mercedes better than Tesla?
Mercedes-Benz EQB The Tesla wins the price, acceleration, range and cargo space categories, while the EQB wins interior features, interior quality, seat comfort and ride and handling, reflecting Mercedes’ luxury priorities. The Mercedes-Benz lineup in 2025 continues to be dominated by SUVs and luxury sedans, with the GLE and GLC SUVs leading sales. Despite a 9% decline in global sales during Q2 2025 due to tariffs and regional market challenges, the GLC remained the top-selling model globally, with a 9% sales increase in Q2 10 11 .