Mercedes-Benz has once again managed to claim the title of the most valuable luxury car brand in the world, in the latest global ranking of Best Global Brands 2020 prepared by Interbrand, the famous American consulting firm every year.
Mercedes-Benz ranked eighth in the ranking with an estimated value of $49.268bn. It was the only European brand to come in the top 10 brands.
“All Mercedes-Benz employees feel proud to be listed once again among the top 10 brands in the world this year, as we were able to defend our title as one the most valuable car brands,” says Bettina Witzer, Vice President of Marketing at Mercedes-Benz AG.
“The main factor in our success is our constant focus on the needs of customers to whom we provide exceptional products and cars by all standards,” she added.