• Home
  • Car Advice
  • News
  • Lists
  • Lifestyle
  • Opinion
  • About Us
  • Contact Us
Notification
Celebs

Cars Driven by Novak Djokovic

Celebs

Cars Driven by Conor McGregor

Celebs

Cars Driven by Kylian Mbappé

Celebs

Cars Driven by Neymar Jr.

Font ResizerAa
Car Things South AfricaCar Things South Africa
  • Home
  • Car Advice
  • News
  • Lists
  • Lifestyle
  • Opinion
  • About Us
  • Contact Us
Search
  • Home
  • Car Advice
  • News
  • Lists
  • Lifestyle
  • Opinion
  • About Us
  • Contact Us
Sign In Sign In
Follow US
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Car Things South Africa > Blog > News > “Best Global Brands 2022”: Mercedes-Benz increases brand value by 10% and remains the world’s most valuable luxury automotive brand
News

“Best Global Brands 2022”: Mercedes-Benz increases brand value by 10% and remains the world’s most valuable luxury automotive brand

Car Things
Last updated: 2022/11/13 at 8:24 PM
By Car Things 2 Min Read
SHARE
  • For the seventh consecutive year, Mercedes‑Benz retains its position as the only European brand and the only luxury brand in the automotive sector in the top 10 of the 100 “Best Global Brands”
  • In the current ranking of the renowned US brand consultancy Interbrand, the brand with the star is once again – and thus unchanged since 2018 – in eighth place
  • Brand value increased by 10% to $56.103 billion since 2021

Mercedes‑Benz has raised the value of its iconic namesake brand by 10% in the past year, Interbrand’s “Best Global Brands 2022” survey shows. This underscores the company’s successful transition towards an electric and software-driven future. Mercedes‑Benz initiated the realignment of the brand in 2021 with the spin-off of Daimler Truck and the strategy update. The goal is to focus even more on the luxury segment and consistently utilise growth and profitability opportunities. Mercedes‑Benz aims to build the world’s most desirable cars and to take the leading position in electric drive and vehicle software. In order to achieve a structurally higher brand positioning, the model portfolio will be realigned, as the company announced in May 2022. The strategic decision to become fully electric in every segment by 2030 – wherever market conditions allow – and the ambition to become CO2-neutral by 2039 further strengthens the connection between luxury and sustainability.

“Mercedes‑Benz’ sustained ranking in eighth place as well as the double-digit increase in brand value to more than 56 billion US dollars provide affirmation of our strategic course. That is to define the sustainable luxury of the future, to put our customers even more at the centre of everything we do and to make every point of contact with our brand a unique experience. It makes me proud that the work of our entire team for our brand is paying off and is reflected in this great result”, says Bettina Fetzer, Vice President Communications and Marketing at Mercedes‑Benz AG.

The customer in focus: unique brand experiences to address new tar

Car Things November 13, 2022 November 14, 2022
Share This Article
Facebook Twitter Email Copy Link

Ads

Latest News

Cars Driven by Novak Djokovic
Celebs
Cars Driven by Conor McGregor
Celebs
Cars Driven by Kylian Mbappé
Celebs
Cars Driven by Neymar Jr.
Celebs
- Advertisement -

You Might Also Like

News

Lamborghini presents a limited edition ‘All Terrain’ Ad Personam special series of the Huracán Sterrato

By Car Things April 19, 2024
News

Mustang Celebrates 60th Anniversary, Best-Selling Sports Car Globally for 10+ Years

By Car Things April 18, 2024
News

Lamborghini Launches The Huracán STJ, A Limited Edition Of Ten Units

By Car Things April 17, 2024
News

Tiger Wheel & Tyre Launches New X-Sure® Tyre and Wheel Insurance

By Car Things April 17, 2024
News

All-new 2025 INFINITI QX80 reimagines the luxury SUV

By Car Things March 21, 2024
News

Bentley Motors achieves second best financial performance on record due to highest levels of personalisation

By Car Things March 20, 2024

Car Things

Car Things by Nine80 Digital Media

Welcome Back!

Sign in to your account

Lost your password?