November 21, 2023 – Mercedes-Benz has further expanded its leading position as the most valuable luxury automobile brand in the world in the current “Best Global Brands 2023” ranking.
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Ola Källenius, Chairman; Jörg Burzer, Renata Jungo Brüngger, Sabine Kohleisen, Markus Schäfer, Britta Seeger, Hubertus Troska, Harald Wilhelm
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“Best Global Brands 2023”
November 21, 2023 – Mercedes-Benz has further expanded its leading position as the most valuable luxury automobile brand in the world in the current “Best Global Brands 2023” ranking.
After five years in a row at number eight, the star now shines as the seventh most important brand in the world. The renewed increase in brand value by nine percent underlines the company's consistent transformation into an iconic brand that impresses with its exceptional aesthetics, innovative technologies and integrated sustainability.
The latest increase in our brand value is a first class achievement by the entire Mercedes-Benz team, which makes us all very proud. The result is both a confirmation and an incentive for us: we are continuously building on our brand heritage to shape the future – with the goal of creating the most desirable cars in the world.
Bettina Fetzer
Vice President Communications & Marketing Mercedes Benz AG
With the strategic realignment of the company in 2021, the brand’s core was also refined. From now on, the brand with the star stands for “Desire for Iconic Luxury”. The company thus combines two essential characteristics: Firstly, its strong roots as a luxury automobile manufacturer that has created numerous style-defining icons. And on the other hand, the pioneering spirit with which Mercedes-Benz, as an innovation leader, drives forward the development of the automobile. Mercedes-Benz is focusing more than ever on the radiance of the brand, which has a culture-shaping effect, and is carefully developed further while still honouring the brand's heritage. The goal is to shape the digital age by creating the most desirable vehicles and services in the world.
The US brand consulting company Interbrand has been researching and analysing the most valuable brands in the world since 1999. The top 100 are included in the annual “Best Global Brands”