What is the market trend for Mercedes-Benz?
Revenue for Mercedes-Benz is projected to reach US$114bn in 2025. Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 2. US$123bn by 2029. Mercedes-Benz unit sales are expected to reach 2. By unit sales, the Mercedes-Benz Group is the tenth-largest car manufacturer in the world; shipping two million passenger vehicles in 2021 and by revenue the seventh-largest car manufacturer worldwide in 2023.Mercedes-Benz Vans delivered a strong performance thanks to rising sales in China (+27%) and United States (+15%). Our customers can look forward to an exciting year 2024 with a series of fantastic new product launches in 2024, particularly in the Top-End segment.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.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.The Volkswagen Group, headquartered in Wolfsburg, is one of the world’s leading manufacturers of automobiles and commercial vehicles and the largest carmaker in Europe.
Is Mercedes-Benz profitable?
Mercedes-Benz said in an earnings update on Wednesday that its net profit had plummeted from €6. It added that, in the second quarter alone, net profit dropped by an even greater 69%, while revenue was down 10% year-on-year. Recent data shows that BMW sold about 2. Audi sold around 2. But Audi is making big strides in electric cars—their e-tron models saw a 35% jump in sales compared to last year, growing faster than BMW’s electric lineup.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. The print was in line with an LSEG forecast, according to Reuters.In 2024, Volkswagen slightly increased market share and easily remained the largest car brand in Germany. Mercedes-Benz was the second best-selling car brand in Germany followed by BMW. VW-owned Skoda moved up to fourth place followed by Audi and Seat. Tesla was the worst-performing top-30 brand in Germany in 2024.The European Automobile Manufacturers’ Association (ACEA) reports that archrivals Mercedes and Audi are falling behind. In the first seven months of the year, BMW sold 474,149 units, up 2. Through July, Mercedes managed 388,876 units, nearly flat year over year at +0.
Which car has the highest market share?
Maruti Suzuki: India’s Most Popular Automobile Brand. Maruti Suzuki is the most popular automobile brand in India, with a market share of over 42%. Maruti Suzuki is the most popular automobile brand in India, with a market share of over 42%. The company has been in operation for over 40 years and has a wide range of cars to offer, from compact hatchbacks to SUVs.Top Car with Highest Resale Value: Maruti Suzuki Swift The Swift isn’t just India’s favorite hatchback; it’s a resale value powerhouse. With its peppy 1. L engine, class-leading mileage (25+ kmpl), and Maruti’s unmatched service network, it’s a top pick for city drivers and first-time buyers.When it comes to the best resale value car brands in India, Honda is one of the top choices. Its spacious interiors, attractive design and powerful engine make it one of the most suitable choices for sedan enthusiasts. The resale value of the car is about 75% after three years of owning it.
Who sells more, Audi or Mercedes?
Comparative Sales Figures: Audi vs. Mercedes. The sales battleground has Audi trailing behind Mercedes, showcasing the latter’s robust demand. In 2023, Mercedes-Benz took the lead with 2,043,800 units sold, while Audi registered 1,895,240 cars sold globally. 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.In addition to some of the most innovative technology and visionary design, Lexus’ varied lineup of vehicles offer superior reliability and safety scores. Additionally, Lexus offers more Top Safety Picks than Mercedes. Lexus also offers a longer powertrain warranty than Mercedes for all of its models.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!As you can see, BMW scores much better than either Mercedes-Benz or Audi. Furthermore, it ranks far better than the industry average of 121 problems per 100 vehicles. While Mercedes is close to the industry average, Mercedes-Benz and Audi both rank lower than the average number of problems per 100 vehicles.
Is Mercedes in financial trouble?
The group Mercedes-Benz closed the first half of 2025 with a net profit down by 55,8% to 2,68 billion euros, compared to 6,08 billion in the same period of the previous year. The turnover shows a decline by 8,6%, reaching 66,4 billion euros, from 72,6 billion in 2024. Mercedes-Benz Cars sold 453,700 vehicles in Q2 2025, down 9% from Q2 2024. All segments saw declines. Top End sales amounted to 64,800 units (14. Q2 2024. The largest drop was recorded in the Core segment, which fell by 16%, with only 115,100 units sold in Q2 2025.By unit sales, the Mercedes-Benz Group is the tenth-largest car manufacturer in the world; shipping two million passenger vehicles in 2021 and by revenue the seventh-largest car manufacturer worldwide in 2023.Total debt on the balance sheet as of March 2025 : £69. Billion. According to Mercedes-Benz’s latest financial reports the company’s total debt is £69. Billion. A company’s total debt is the sum of all current and non-current debts.The group Mercedes-Benz closed the first half of 2025 with a net profit down by 55,8% to 2,68 billion euros, compared to 6,08 billion in the same period of the previous year. The turnover shows a decline by 8,6%, reaching 66,4 billion euros, from 72,6 billion in 2024.