Business Chief Europe Magazine January 2019 | Page 80

TOP 10
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Mercedes-Benz

A subsidiary brand of German auto manufacturer , Daimler , Mercedes-Benz is head- quartered in Stuttgart and is responsible for the design and manufacture of luxury passenger vehicles and commercial trucks . According to Forbes , “ the Mercedes-Benz brand sold a record 2.4mn cars in 2017 , up 8 % over the prior year . China is the biggest market with 26 % of unit sales , followed by the US ( 14 %) and Germany ( 13 %). Sales in China rose 28 %”. The brand reported a net revenue of $ 116.9bn in 2018 , and the total brand valuation rose by 18 % to $ 34.4bn , the joint-highest growth in the top 10 . www . mercedes-benz . co . uk
JANUARY 2019