HomeIndustriesMercedes-Benz Announces Final Sales Figures of 2022

Mercedes-Benz Announces Final Sales Figures of 2022

Mercedes-Benz announced its final sales figures for 2022 on Tuesday. The company revealed that it delivered 2.05 million passenger cars over the course of the year, down 1% from 2021.

Aside from the marginal year-on-year decline, the auto manufacturer experienced a strong end to 2022 with fourth-quarter sales rising by 17% following the easing of logistical bottlenecks.

Company sales across Europe and North America grew by 1% and 3% respectively, with China proving to be the only key region to suffer a sales decline with a 1% drop. Sales across the rest of the world fell by 27% following the company’s suspension of its operations in Russia following the invasion of Ukraine.

Mercedes-Benz’s electric vehicle sales surged in 2022, with the company’s battery-electric sales growing by 124% over the course of the year. The company’s high-end Maybach vehicles also performed well, with sales up 37% year-on-year. In contrast, sales of the company’s entry-level vehicles declined by 10%, with the company attributing the drop primarily to supply bottleneck issues.

Rival carmaker BMW also experienced a decline in annual sales, reporting a 4.8% drop following 2.4 million vehicle deliveries in 2022. Like Mercedes-Benz, BMW’s sales success was also affected by the Russia-Ukraine conflict.

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