Market Share of Mercedes-Benz Brands in Europe

Sales of new passenger cars reached 1,015 thousand in November 2022 in the enlarged Europe, according to ACEA. This is 17.4%, or 151 thousand more than in the previous year. In the first eleven months of 2022, some 10,197 thousand cars were sold in Europe, down 5.81% yoy.

In November, most vehicles (261 thousand) were sold in Germany (up 31.4% yoy), followed by the United Kingdom (143 thousand, up 23.5%), France with 134 thousand cars (up 9.81%), 120 thousand new vehicles were registered in Italy (up 14.7%) and 73.2 thousand in Spain (up 10.3%). The five largest countries accounted for 64.8% of total new vehicles registered in November 2022.

Volkswagen Group sold the most cars in November 2022 in Europe, some 254 thousand vehicles representing 25.1% of the European market. Sales of PSA Group amounted to 116 thousand vehicles (or 11.4% of the market) while Renault Group and Hyundai Group held 9.50% and 8.20% of the European market in November. Overall, the five largest manufacturers sold 61.8% of all new cars in November.

Mercedes-Benz sold 57.6 thousand new passenger cars representing a 5.68% share of all new passenger cars sold in Europe in November 2022. This is 2.05% more vehicles and a 0.856 pp decrease in market share when compared to last year. By comparison, three years ago, Mercedes-Benz's market share was 7.37%.

The group sold 55.3 thousand of Mercedes in November, followed by 2.35 thousand of Smart cars.