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Mercedes-Benz Sells 2.05 Million Passenger Cars in 2022 (Reuters)

Published January 10, 2023

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The article below is sourced from Reuters Wire Service. The views and opinions expressed in this story are those of the Reuters Wire Service and do not necessarily reflect the official policy or position of NADA.

Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous year as the carmaker felt the impact of COVID-19 measures and bottlenecks.

Still, fourth-quarter sales rose 17% as logistics and supply chain bottlenecks eased, and battery-electric sales grew 124% over the course of the year to 117,800 units.

Demand for the carmaker's high-end Maybach vehicles was particularly strong, with 2022 sales up 37% year-on-year driven by higher sales in China, Japan, Korea and the Middle East.

The only key region to see a year-on-year fall in sales was China, with a 1% drop, according to Tuesday's data.

Europe and North America saw 1% and 3% growth, respectively, while the rest of the world saw a 27% fall in sales largely due to the carmaker suspending operations in Russia following the invasion of Ukraine.

Entry-level vehicles, the lowest price segment, saw a 10% sales drop primarily due to supply chain bottlenecks, the carmaker said. 

Rival BMW Group delivered just under 2.4 million vehicles in 2022, down 4.8% from the year before, with brand sales down 5.1% as bottlenecks caused by lockdowns in China as well as the war in Ukraine dampened deliveries.

 (Reporting by Victoria Waldersee, Writing by Miranda MurrayEditing by Madeline Chambers)

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