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.
Mercedes production statistics
When analyzing the sales and success of a company like Mercedes-Benz there are two criteria that can be used as a judging model: profits and units sold. Let’s take a look at the latter.
Breaking down the statistics shows us that Mercedes sells approximately 5 luxury cars in a minute and over 7200 luxury cars daily. The company broke records by selling 2.4 million luxury cars in the year 2017, an 8% increase from their sales the year before. On a global scale, their biggest car market is China at 26% unit sales, the second biggest car market is the United States at 14% unit sales, while Germany comes in at third place with 13% unit sales. Chinese unit sales rose by 28% between 2016 and 2017.
Mercedes Benz prices
Since we’re talking about how widely successful Mercedes-Benz is as a company with their huge sales and high profits perhaps you’d like to know more about the aspect that directly impacts you – the consumer.
What are the current Mercedes prices?
The price of a Mercedes car in 2018 ranges between $51,395 and $153,845. While this may seem like a high number it is important to remember that Mercedes is a luxury car brand that sells exclusivity and opulence to its customers so naturally, their products are expensive.
What is the Mercedes brand?
With its sleek rides, expensive automobiles and lavish sponsorship events Mercedes attract a very specific clientele. Most people can’t afford to buy Mercedes cars and that’s part of the appeal. The Mercedes brand promises its customers entry into a world of luxury, opulence and wealth.
These days most people measure their success by the value of their possessions so if its a status symbol you’re looking for there’s nothing better than owning one of these cars.