Mercedes-Benz is the department of the German car company Daimler AG that deals with luxury vehicles, buses, coaches and lorries. Founded in 1926, the Mercedes-Benz brand slogan is ‘the best or nothing’.
How much profit does Mercedes-Benz make is a day?
Research conducted by a British insurance company called Staveley Head shows the shocking numbers for the profit Mercedes-Benz makes in a day. According to them, the company makes $20,310 of profit a minute! This means $1,218,656 of profit an hour and $29,247,743 worth of profit in a single day. Extraordinary isn’t it!
Putting these numbers into perspective
Throwing around a lot of big numbers gets most of us confused. It certainly puzzles me. So here’s some information to put things in perspective. Every three seconds Mercedes-Benz earns $1,017 in profit. Compare this to figures from the Bureau of Labor Statistics that show the average income of American salaried workers to be $876 per week. The company makes more in 3 seconds that most of us do in an entire week!
Plugging these numbers on a larger scale shows the projected Mercedes-Benz profit earnings over a span of 48 hours to be $58,495,488. President Barak Obama’s entire net worth is a high $40 million but Mercedes-Benz has him beat by a long shot!
Mercedes-Benz leaders in the automobile industry
If nothing else the one thing that these figures clearly show is that Mercedes is leading the automobile industry in the luxury vehicle market. The same investment firm also analyzed the earnings and profits of other vehicle manufacturers all over the world.
After comparing the hourly, daily, weekly and monthly earnings the data was clear; Mercedes outsold its competitors in every department. Mercedes-Benz ranked third when compared with its competitors Aston Martin, Bentley, Ford, Ferrari, Hyundai, Jaguar Land Rover, Porsche, Subaru, Skoda, SEAT, Toyota and Volkswagen on the basis of revenue generated in 2017.