Mercedes-Benz's sales stagnated during 2022, despite growth in the majority of regions in which it operated.
In total, the German manufacturer sold 2,043,900 cars during 2022, a 1% (49,576) shortfall compared with the previous year and 16% (355,736) less than the rival BMW Group.
Mercedes attributed the slump to Covid measures (namely repeated lockdowns in China) restricting production and sales, as well as the semiconductor shortage and logistical problems.
Russia’s invasion of Ukraine – and Mercedes’ consequential exit from the market in October – also had an impact.
