Despite factors such as chip shortages, Mercedes-Benz sales fell 5% to 2,330,169 units in 2021, down about 130,000 units from 2020. However, at the operational level, thanks to the shortage of high-premium models such as the large luxury car S-Class Sedan and the Mercedes-Benz G OFF-road vehicle, it has achieved gratifying growth in net profit. In 2021, Mercedes-Benz's net profit was 23.4 billion euros, reaching 5.85 times the net profit of 4 billion euros in 2020.
In 2021, Mercedes-Benz passenger car sales fell 5% year-on-year, with 2.05 million new vehicles delivered. This is mainly due to external environmental influences, which have led to problems in the supply of semiconductors and other electronic components, and the factory has been out of production for several weeks. However, the sales of its high-end models Mercedes-Benz S-Class, G-Class, GLS and AMG G63 models have risen across the board.
Ola K llenius, GLOBAL CEO of Mercedes-Benz, said: "Our good results are the result of high demand for products and a focus on profitable growth and cost control." Since 2019, the Mercedes-Benz passenger car segment has reduced fixed costs by 16%, while the turnover of bicycles has increased by 26%, averaging 49,800 euros per vehicle. Due to the tight supply of high-premium products, Mercedes-Benz's management decided to prioritize the installation of chips in more profitable models and electric vehicles in order to still get the highest possible profits.