Mercedes-Benz Sold 2 Million Plus Cars In 2023, 73% Growth In EV Sales

Cars
12 Jan 2024 • 4:15 PM MYT
DSF.my
DSF.my

Specialist motoring news and reviews provider. There is no rival in Malaysia.

image is not available

Mercedes-Benz Sold 2 Million Plus Cars In 2023, 73% Growth In EV Sales

Mercedes-Benz showed strong sales in 2023 with a rise in popularity of EVs.

2023 was an extraordinary year for Mercedes-Benz, with a record-breaking 2,043,800 units sold. The remarkable success can be attributed to the surging demand for superior products, leading to significant growth in key segments such as Mercedes-Maybach, G-Class, and Mercedes-AMG. Let’s delve into the details of the exceptional performance that fueled this remarkable achievement

Mercedes-Maybach: A 19% Surge in Elegance and Innovation

Mercedes-Maybach experienced a stellar year, witnessing a 19% increase in sales in 2023. The success was propelled by robust sales of the Mercedes-Maybach GLS and S-Class versions across key regions. Notably, in Q4, the brand introduced its all-electric EQS SUV in the U.S. market, laying the foundation for a broader global release in 2024. The amalgamation of luxury and electric innovation positions Mercedes-Maybach as a trailblazer in the evolving automotive landscape.

image is not available

G-Class: Iconic Strength, 11% Growth

The iconic G-Class maintained its stronghold with an impressive 11% increase in sales during 2023. The robust performance comes ahead of the eagerly anticipated introduction of the electric G-Class in the coming year. The unwavering demand for the G-Class highlights its enduring appeal and sets the stage for a seamless transition into the era of electric vehicles.

image is not available

Mercedes-AMG: A 4% Rise Fueled by High-Performance EVs

Mercedes-AMG continued its success story in 2023, with a 4% increase in sales. Noteworthy is the remarkable 76% surge in high-performance battery electric vehicles, showcasing the brand’s commitment to embracing the future of automotive technology. The amalgamation of luxury, performance, and sustainability positions Mercedes-AMG as a leader in the high-performance segment.

image is not available

Top-End Vehicles: Impressive Sales Growth Despite Challenges

Despite constrained product availability, the Top-End Vehicles category, comprising Mercedes-Maybach, G-Class, and Mercedes-AMG, reached 328,200 units in 2023. In Q4 alone, sales of Mercedes-Benz Cars touched 514,000 units, including a notable 17% rise in Top-End Vehicles quarter-on-quarter. This resilience underscores the strong consumer demand for top-tier luxury and performance vehicles.

Core Segment Challenges and Triumphs

The Core segment faced challenges in 2023, with full-year sales reaching 1,096,800 units (-2%) due to supplier bottlenecks and the model changeover to the new E-Class. However, the C-Class saw a remarkable 10% rise in sales, showcasing the brand’s ability to adapt and excel in dynamic market conditions.

image is not available

Entry Segment Surges Ahead with EQA and EQB

The Entry segment experienced a 4% increase in sales, reaching 618,800 units in 2023. This growth was propelled by the strong demand for the EQA (57% increase) and EQB (109% increase), signaling a shift towards more sustainable and compact electric vehicles.

image is not available

Electrifying Success: Fully Electric Models Drive Growth

Fully electric Mercedes-Benz passenger car sales soared by an impressive 73% in 2023, accounting for 11% of overall sales and 19% when including plug-in hybrids. The EQE Sedan witnessed a global surge of 120%, with BEV sales in the U.S. market more than doubling (+167%) thanks to the new EQE SUV. This underscores Mercedes-Benz’s commitment to leading the charge in the electric vehicle revolution.

image is not available