Mercedes-Benz has officially been announced the most valuable automobile brand as of today, beating the likes of Toyota and Honda to the game. A study conducted by Brand Finance shows that Germany's best seller auto brand kicked the butts off other highly successful auto makers to emerge the world's most valauble car brand.
According to Brand Finance, Mercedes-Benz made an impressive 24% year-through growth in its brand value. This puts it to an estimated $43.9 billion! This is just as Toyota edged out by 6% to now sit at $43.7 billion. That's just to say it's a marginal victory.