What is the market share of Mercedes-Benz in India?
With a market share ranging between 45-46% among luxury car sales from January to March 2024, Mercedes-Benz India continues to lead the pack among its German rivals, commanding a substantial 55% market share. Mercedes-Benz Group AG (formerly Daimler-Benz, DaimlerChrysler, and Daimler) is a German multinational automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world’s leading car manufacturers.Mercedes-Benz’ second largest segment was the Executive Cars segment. 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.January to December): the Volkswagen Group was again the largest car manufacturing conglomerate in Europe with a market share of 26%. VW was also the top-selling brand despite flat sales. The European new car market increased by only 0.Overview of Mercedes-Benz Group AG shareholders. The Chinese BAIC Group currently holds 9. Mercedes-Benz Group AG’s largest individual shareholder. Other major shareholders include the Chinese investor Li Shufu (since 2018) and the Kuwait Investment Authority (since 1974).Mercedes-Benz Corporation has been a division of a larger German automobile manufacturer, Daimler AG—but as of February 1, 2022, Daimler AG is now officially known as Mercedes-Benz AG!
Is Mercedes losing market share?
The biggest loser was Mercedes-Benz, dropping 82% to 5,048 sold units in 2024 from 28,993. This was followed by Audi (-70%) and then BMW and Mini (-50%). In contrast, vehicles from Asia—such as Chery, Haval, and Suzuki—have seen massive growth over the same period. 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.Mercedes-Benz’ second largest segment was the Executive Cars segment. 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.Mercedes-Benz India’s first-quarter sales hit record high on strong demand for top-end models, EVs. July 11 (Reuters) – German luxury carmaker Mercedes-Benz said its first-quarter sales in India hit an all-time high, rising 10% to 4,238 units, on strong demand for its high-end models and electric vehicles (EVs).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 2024, China accounted for over a third of all new car sales, when some 683,600 Mercedes-Benz cars were sold.Mercedes-Benz Sales by Model Segment in the USA in 2024 The GLE and GLC remained the most popular Mercedes-Benz vehicles overall in the USA. The Entry segment saw an increase of 2% for the year compared to 2023 due to greater availability of the CLA, GLA and GLB in Q4 2024.
Is Mercedes-Benz a market leader?
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. As of now, Mercedes-Benz is owned by Mercedes-Benz Group AG, a company formerly known as Daimler AG. The rebranding in February 2022 wasn’t just a name change; it was a declaration of the company’s dedication to its most iconic brand.Mercedes-Benz is a renowned German automobile manufacturer founded in 1926, known for producing a wide range of luxury vehicles, trucks, coaches, and buses.Mercedes-Benz is owned by Daimler AG, a German auto group with a reputation for building and backing some of the most luxurious vehicles manufactured today.The top 5 popular Mercedes-Benz models and their prices are the S-Class (₹1. Cr), GLA (₹50. Lakh), C-Class (₹59. Lakh), GLS (₹1. Cr), Maybach GLS (₹3. Cr). Explore the complete price list of all Mercedes-Benz models as of July 2025 below.While the C-Class and GLE consistently rank among the most popular Mercedes-Benz models, other vehicles also deserve recognition. The Mercedes-Benz E-Class, known for its spaciousness and advanced technology, continues to attract drivers seeking a blend of luxury and practicality.
Which is better BMW or Mercedes in India?
BMW and Mercedes-Benz are both very safe cars, and often get top scores in India for their features and compliant safety tests, though Mercedes-Benz is slightly better because of its more advanced safety features. 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!Overview of Mercedes-Benz Group AG shareholders. The Chinese BAIC Group currently holds 9. Mercedes-Benz Group AG’s largest individual shareholder. Other major shareholders include the Chinese investor Li Shufu (since 2018) and the Kuwait Investment Authority (since 1974).Mercedes-Benz’s customer base primarily consists of affluent individuals, including professionals, executives, and entrepreneurs. These customers are typically in the higher income brackets, allowing them to afford luxury vehicles. The brand also targets younger generations through initiatives like ‘Generation Benz’.The Mercedes-Benz Group AG (former Daimler AG) is one of the world’s most successful automotive companies. With Mercedes-Benz AG, we are one of the leading global suppliers of high-end passenger cars and premium vans.
Which is the most selling Mercedes?
While the spotlight shone on premium models, Mercedes-Benz’s core offerings, comprising the C-Class, E-Class LWB, GLC and GLE, remained steady contributors to the brand’s volumes. The LWB E-Class, in particular, continued its dominance as India’s highest-selling luxury car, now bolstered by the new E 450 variant. 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.The sales gap between Mercedes and BMW widened in Q2 2024, mainly because BMW sold significantly more electric models than Mercedes. In Q2 2024, Mercedes sold 496,700 cars compared to 565,553 BMW units. While Mercedes sales were down 4% in Q2 2024 compared to the same period last year, BMW sales were up 2.Mercedes-Benz Sales by Model Segment in the USA in 2024 The GLE and GLC remained the most popular Mercedes-Benz vehicles overall in the USA. The Entry segment saw an increase of 2% for the year compared to 2023 due to greater availability of the CLA, GLA and GLB in Q4 2024.In the USA alone, Mercedes has sold 142,000 cars in the first half of the year, a drop of 6% year-on-year. By comparison, BMW sold 178,499 units and saw a 1. Audi is in a distant third spot, notching up 81,951 units, a drop of 12%.
Which car brand has the biggest market share?
Toyota remained the largest automaker globally in 2023, selling over 8. This marked an increase of 3. State of Car Sales in America Toyota sold the most vehicles in 2024 followed by Ford, Chevy, Honda and Hyundai.In terms of revenue, Toyota and Volkswagen were the leading automakers worldwide as of May 2024. In terms of vehicle sales, Toyota and Volkswagen are also counted among the most successful automakers worldwide.According to the data, Toyota Motor Corporation retained its title as the world’s best-selling automaker in 2022. The company sold 10. Daihatsu and Hino subsidiaries.