Worldwide sales by Mercedes-Benz Cars sales rose 3% year on year to 503,500 units (+3%) in the first quarter of 2023 with what the automaker dubs ‘Top End’ and battery electric vehicle (BEV) sales up 18% and 89% respectively.

“Despite ongoing supply chain disruptions, economic headwinds and geopolitical uncertainty, G-Class, Mercedes-AMG, Mercedes-Maybach and Entry segment electric vehicles posted strong sales figures,” the company said in a statement.

Battery electric vehicle (BEV) sales rose 89% to 51,600 units, taking 10% of overall sales, up from 6% in Q1 2022. BEV sales (Smart now excluded) rose 119%. Entry segment electric vehicles proved popular with EQB sales up 189% and EQA sales rising 64%.

BEV sales surged 327% in the US and 41% in Europe.

Including hybrids, almost every fifth vehicle sold in the first quarter was electrified.

”Our customers’ desire for our Top-End products and battery electric vehicles is the driving force behind our sales result in the first quarter,” said sales chief Britta Seeger.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We successfully introduced our direct sales model in the UK, while Germany and two more markets will follow in 2023.”

Europe sales increased 8% to 163,900 units thanks to strong demand for Top End vehicles (+46%). BEV sales rose 41% and accounted for 17% of total Europe sales.

Overall sales in Germany were up 21% with BEVs up 29%. Belgium sales increased 17% as BEV volume rose 186% while sales in Italy (+22%) and Spain (+28%) also rose.

Asia sales rose 3% to 247,700 units. The E-Class was the top selling vehicle in China with 48,700 units sold (+11%), followed by the C-Class (+37%). BEV sales rose 109%.

In Korea and Japan, BEV sales grew 288% and 379% following further model launches.

India sales increased 17 while Malaysia volume was up 53%.

Sales in North America rose only 1% though US BEV sales surged 327% and now account for 14% of total sales following launches of four new models.

“Sales in the rest of world were influenced by Mercedes-Benz’s decision to stop its business activities in Russia from March 2022 onwards,” the automaker said, without elaborating.

Sales overview
 Q1 2023Q1 2022Change in % 
Mercedes-Benz Cars 503,500 487,000+3% 
–       thereof BEVs 51,600 27,400+89% 
     
Mercedes-Benz Cars sales by segments*    
Top-End segment 91,800 78,100+18% 
Core segment 248,400 280,200-11% 
Entry segment 163,300 128,800+27% 
     
Mercedes-Benz Cars sales by regions and markets    
Europe** 163,900 151,300+8% 
–       thereof Germany 60,500 50,000+21% 
Asia 247,700 239,400+3% 
–       thereof China 191,000 186,100+3% 
North America*** 75,100 74,200+1% 
–       thereof U.S. 64,500 64,700+0% 
Rest of World 16,800 22,000-24% 
  • *Top-End: Mercedes-AMG, Mercedes-Maybach, G-Class, S-Class, GLS, EQS and EQS SUV
  • *Core: All derivatives from C- and E-Class, incl. EQC, EQE and EQE SUV
  • *Entry: All derivatives from A- and B-Class incl. EQA, EQB and smart
  • ** Europe: European Union, United Kingdom, Switzerland and Norway
  • *** North America: USA, Canada and Mexico

All figures rounded.