Mercedes-Benz Group AG (ETR: MBG)
Germany
· Delayed Price · Currency is EUR | Market Cap | 65.79B |
| Revenue (ttm) | 151.58B |
| Net Income (ttm) | 13.29B |
| Shares Out | 1.07B |
| EPS (ttm) | 12.63 |
| PE Ratio | 5.00 |
| Forward PE | 6.58 |
| Dividend | 5.27 (8.34%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 4,296,952 |
| Open | 63.60 |
| Previous Close | 63.65 |
| Day's Range | 62.73 - 63.71 |
| 52-Week Range | 55.08 - 77.45 |
| Beta | 1.18 |
| Analysts | n/a |
| Price Target | 86.40 (+36.71%) |
| Earnings Date | Jul 26, 2024 |
About Mercedes-Benz Group AG
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories. It also provides financing, leasing, car subscription and rental, fleet management, insurance brokerage, and mobility services, as well as digital services for charging and payment. T... [Read more]
Financial Performance
In 2023, MBG's revenue was 153.22 billion, an increase of 2.13% compared to the previous year's 150.02 billion. Earnings were 14.26 billion, a decrease of -1.66%.
Financial StatementsNews
Why is Germany opposed to EU tariffs on Chinese electric vehicles?
German automobile manufacturers such as BMW, Mercedes-Benz and Volkswagen could be badly hit by retaliatory tariffs because they all have massive production plants in China.
EU Tariffs on China-made EVs: How Automakers Are Reacting
Many EU-based automakers are not happy about the announcement of new tariffs against Chinese EV imports. This week's news that the EU intends to issue import tariffs of up to 38.1% on Chinese battery ...
‘Merc to invest ₹3k cr in Maha’
German luxury carmaker Mercedes-Benz to invest Rs 3,000 crore in Maharashtra, creating employment opportunities. Learn more about Mercedes-Benz's investment in Maharashtra.
Mercedes-Benz To Invest $360 Million In Maharashtra, Says Minister
German carmaker Mercedes-Benz will invest 30 billion rupees ($360 million) in the Indian state of Maharashtra, the state's Industries minister Uday Samant said in a post on X on Thursday.
European carmakers exposed to any Chinese retaliation for EU tariffs
The European Commission will apply additional duties of up to 38.1% on imported China-made electric cars from July, a move that Beijing is likely to retaliate against.
European auto stocks fall further on concerns over China's tariff response
Some of Europe's biggest carmakers fell further on Thursday on concerns over how China will respond to new tariffs the European Commission slapped on imported Chinese electric cars in a bid to combat ...
Europe's automakers fret as China EV tariff fears become reality
The European Commission's decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war would hurt not only their business in China ...
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Ionna, the EV charging company backed by seven automakers, is beginning to take shape
Image: Hugo Herrera / The Verge Late last year, seven automakers — BMW, Honda, General Motors, Hyundai, Kia, Mercedes-Benz, and Stellantis — announced plans for a joint venture to build easy-to-access...
South Africans dump Mercedes and BMW for cheaper Chinese cars
The rising cost of living and high interest rates are making it difficult for South Africans to afford luxury cars from Audi, BMW, and Mercedes-Benz.
NJ businessman testifies that he bribed ‘Gold Bar Bob’ Menendez with a Mercedes-Benz
The terms of the deal involved hooking Nadine Menendez up with the new Mercedes-Benz C-300 in exchange for gaining “the power and influence” of the six-term senator “to do anything possible to stop an...
Premium cars cannot avoid plunge in sales
The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Merc...
New Jersey businessman admits to bribing Sen. Bob Menendez with a Mercedes-Benz
A New Jersey businessman testified on Friday that he bribed Sen. Bob Menendez, telling a jury in the New Jersey Democrat's bribery trial that he gave the lawmaker's wife a Mercedes in exchange for his...
Mercedes chief expects EU decision on Chinese EVs tariffs soon
Mercedes Benz CEO Ola Kaellenius expects a decision on EU's import tariffs on Chinese electric vehicles soon, he said at an industry conference on Thursday.
European Battery Manufacturer Pauses Development As EV Demand Cools
Troubling news for the electric vehicle market emerged from Europe on Tuesday. The first was the collapse of Porsche Taycan prices, and second, a battery plant owned by Stellantis and Mercedes-Benz ha...
Mercedes-Benz EQA SUV to be launched in India on July 8; Check out price and features
Mercedes-Benz plans to introduce its entry-level electric SUV EQA in the Indian market on July 8. EQA is offered in three trim categories on the global market, with WLTP claims of up to 560 km on a si...
Mercedes-Benz To Launch EQA In India On July 8
The EQA packs a 66.5 kWh battery, which supports up to 100 kW DC on-board charger, allowing a 10 to 80 per cent top-up in around 40 minutes. The 11 kW wall box does 10 to 100 per cent in five hours an...
Mercedes and Stellantis Press Pause on EV Battery Factories
Stellantis NV and Mercedes-Benz Group AG are putting work on two electric-vehicle battery plants on hold and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive ...
EXCLUSIVE: Li-Cycle Partners with Daimler for Lithium-ion Battery Recycling for Electric Trucks
Li-Cycle Holdings Corp (NYSE: LICY) announced plans to support Daimler Truck North America (DTNA) in its goal to integrate a comprehensive circular economy approach across its operations to reduce it...
Mercedes Hired Squad Of Anti-Union Consultants To Combat Alabama Organizing
At least 11 “persuaders” helped the automaker defeat the United Auto Workers' union effort, records show.
The UAW objected to a failed unionization vote at an Alabama Mercedes-Benz plant, pushing for a fresh vote and alleging the automaker had interfered with the election.
The UAW objected to a failed unionization vote at an Alabama Mercedes-Benz plant, pushing for a fresh vote and alleging the automaker had interfered with the election.
UAW seeks new unionization vote at Mercedes' Alabama plant citing 'relentless anti-union campaign'
The United Auto Workers union is calling for a second unionization vote at a Mercedes-Benz plant in Alabama, alleging the first vote was thwarted by a "relentless anti-union campaign."
UAW Rallies For Second Union Vote At Mercedes-Benz Alabama Plant, Cites Foul Play In First Election
The United Auto Workers (UAW) union is pushing for a new election at the Mercedes-Benz (OTC: MBGAF) (OTC: MBGYY) plant in Alabama, following its recent defeat in a unionization vote. What Happened :...
UAW seeks new election at Mercedes-Benz in Alabama after losing vote
United Auto Workers filed petition Friday, accusing company of ‘relentless’ campaign including firings and captive-audience meetings The United Auto Workers (UAW) union is seeking a new election at a ...
China Threatens 25% Car Tariff Against US, EU Moves
Beijing is still mulling its expected retaliation in the wake of last week's Biden administration rollout of steep tariff increases on a series of Chinese tech imports, importantly including computer ...
UAW Files Objections To Mercedes-Benz Unionization Vote
The NLRB’s regional director overseeing the election will review the UAW’s complaints and could order a new election after a hearing if the objections are deemed valid.