Mercedes-Benz Group AG, a major player in the global automotive industry, has announced impressive sales figures for 2023, selling a total of 2.5 million vehicles across its brands, including Mercedes-Benz, Smart, and Maybach.
The company's revenue is primarily generated by the sale of passenger cars and commercial vehicles, which make up 83.2% of its total sales, while financial and mobility services contribute 16.8%.
In terms of geographical distribution, the company's sales are well-balanced. Germany represents 16.8% of total sales, followed closely by Europe at 23.7% and the USA at 23.5%. Other significant markets include China, accounting for 16.5%, and the broader Asia region at 11.8%. North America and other regions contribute 2.9% and 4.8% respectively.
This diverse global presence highlights the company's strategic positioning in key automotive markets worldwide.