Mercedes-Benz of Calabasas - Calabasas, CA (2024)

FAQs

Where is the biggest Mercedes-Benz showroom in the world? ›

The opening of the brand new one million square feet Mercedes-Benz dealership located in the Mussafah district of Abu Dhabi coincided with the unveiling of the new Mercedes-Benz E-Class.

Originally Answered: Who is the largest Mercedes dealership by volume in the world and its controlling shareholder ? Largest volume single dealership in new vehicle sales is Fletcher Jones Mercedes-Benz in Newport Beach, California. The company is privately held by a single family and Fletcher's son is the current CEO.

Mercedes Benz's reputation for reliability, quality, luxury, performance, safety, and advanced technology sets it apart from many other car brands. Its commitment to innovation and customer satisfaction make every Benz a statement of sophistication, style, and superior engineering.

Mercedes-Benz is a German automobile manufacturer that is headquartered in Stuttgart, Germany. The brand is known for its precision engineering and attention to detail, which is a hallmark of German manufacturing.

The company's largest shareholder is BAIC Motor Corporation Limited, with ownership of 10.0%. For context, the second largest shareholder holds about 9.7% of the shares outstanding, followed by an ownership of 6.8% by the third-largest shareholder.

The Chinese BAIC Group currently holds 9.98 % of the company's voting rights, making it Mercedes-Benz Group AG's largest individual shareholder. Other major shareholders include the Chinese investor Li Shufu (since 2018) and the Kuwait Investment Authority (since 1974).

In 2022, Tesla was the leading luxury car brand in the United States, recording sales of nearly 484,400 units. It edged out its main competitor, BMW, which recorded estimated sales of over 327,900 vehicles.

Cost of Ownership: Owning a Mercedes can be expensive, even when purchased. The maintenance and repair costs tend to be higher compared to non-luxury brands. Genuine Mercedes parts can be costly, and specialised labour may be required for repairs and servicing.

Mercedes-Benz vs BMW: Which Brand Has Better Performance? Performance is a crucial factor to consider when buying a luxury car. BMW has a slight edge over Mercedes in terms of performance and driving dynamics. However, Mercedes offers a more refined and luxurious driving experience.

Is it good to own a Mercedes-Benz? ›

Opting for a Mercedes-Benz is a smart move. It's not just about getting your dream car, but also a good investment. These vehicles are famous for maintaining strong resale prices. Their excellent construction and reliability consistently rank them among the sought-after used luxury cars.

While the brand says its buying audience is very different to its communications audience, it aims to target the 25-44 year old age bracket as part of its strategy to target a younger and broader market.

The brand name "Mercedes" is used for most of the company's car models, while "Mercedes-Benz" is used for the rest of the company's product line, including buses, coaches, and trucks. So, in short, Mercedes is a brand, while Mercedes-Benz is a division within the brand that focuses specifically on luxury vehicles.

One of the most important reasons why Mercedes-Benz is considered a luxury car is due to its superior engineering and design. Mercedes-Benz vehicles are designed with the latest technology, high-quality materials, and exceptional craftsmanship.