Who controls Mercedes-Benz?
But of course, Mercedes-Benz has never been anything but exceptional. The fact that they’re still owned by Daimler, after all these years, is a true testament to the integrity of the brand and the strength of the models they sell. Mercedes-Benz engines benefit from advanced engineering, high-quality materials, and rigorous testing. For example, the OM617 diesel engine and the M113 V8 engine are legendary for their reliability, with many owners reporting mileages well beyond 500,000 miles (800,000 kilometers).When properly maintained, a Mercedes-Benz can easily last well beyond 200,000 miles, and some models have even been known to reach 300,000 miles or more. The longevity of a Mercedes-Benz depends on a variety of factors, including regular maintenance, driving habits, and the specific model.Lifetime Cost Projections For the first 10 years, Mercedes-Benz models cost about $12,962 for maintenance and repairs. This is more than the average for luxury cars by about $1,500. It shows Mercedes maintenance is premium. Costs don’t go up in a straight line.Mercedes models are high-quality and well-built, with a range of options to choose from. Mercedes cars usually come with a three-year warranty as standard when purchasing brand-new, and the premium quality means these are cars that are built to last. Learn more about Mercedes reliability in our guide.
Does Mercedes have good customer service?
Mercedes-Benz Ranked #1 in Customer Service Satisfaction. Mercedes-Benz continues to make strides not only by producing new and exciting vehicles, but according to the American Customer Satisfaction Index, they now undisputedly provide some of the best customer service in the industry. 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.Cons: Owning a Mercedes-Benz The initial purchase cost can be significantly higher, and maintenance and repair costs can also be steep. It’s important to consider the long-term financial commitment associated with owning a Mercedes-Benz.Their excellent construction and reliability consistently rank them among the sought-after used luxury cars. Moreover, owning a Mercedes comes with the perk of holding its value over time.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.
What are the weaknesses of Mercedes?
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. Mercedes-Benz remains the world’s most popular luxury car brand, outselling its German arch-rivals BMW and Audi for many successive years. In addition, Mercedes-Benz remains the world’s most valuable luxury automotive brand for the seventh consecutive year, according to Interbrand’s Best Global Brands 2022 survey.Mercedes-Benz is owned by the German company Daimler AG, an automaker who produces a wide variety of upscale, luxurious vehicles such as buses, motorcycles, and cars.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.The year 2024 has been a difficult year for Mercedes-Benz. Between the slowdown in demand for electric vehicles, the stagnation of the Chinese market, the crisis in the luxury sector and the difficulties of the German industry as a whole, the car manufacturer is showing a sharp decline in annual results.