Mercedes-Benz Group AG (MBGYY)

OTCMKTS · Delayed Price · Currency is USD
14.11
-0.04 (-0.28%)
Jan 17, 2025, 4:00 PM EST
-14.95%
Market Cap 53.93B
Revenue (ttm) 165.01B
Net Income (ttm) 12.09B
Shares Out n/a
EPS (ttm) 11.83
PE Ratio 4.46
Forward PE n/a
Dividend 1.00 (7.11%)
Ex-Dividend Date May 9, 2024
Volume 208,900
Average Volume 556,523
Open 14.12
Previous Close 14.15
Day's Range 14.08 - 14.28
52-Week Range 13.36 - 20.81
Beta 1.13
RSI 51.06
Earnings Date Mar 12, 2025

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]

Founded 1886
Employees 166,056
Stock Exchange OTCMKTS
Ticker Symbol MBGYY
Full Company Profile

Financial Performance

In 2023, Mercedes-Benz Group AG'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 numbers in EUR Financial Statements

News

Clean is the theme: This year’s mega show is all about electric

The 2025 Bharat Mobility Global Expo highlights a significant shift towards electric vehicles (EVs), with major launches from Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, and luxury brand...

2 days ago - The Times of India

Mercedes-Benz CEO calls on EU to reconsider EV fines amid slow demand

Mercedes-Benz CEO Ola Kaellenius expressed concerns to the European Commission regarding the current state of electric vehicle (EV) sales within the European Union, according to a Reuters report.  He ...

3 days ago - Invezz

Goldman Sachs downgrades Mercedes and Porsche as German car makers struggle

As European car makers face mounting challenges in 2025, Goldman Sachs has downgraded both Mercedes-Benz AG and Porsche AG, citing rising costs, tariffs, and margin pressures.

5 days ago - Euronews

Amazon Orders Over 200 Electric Heavy Trucks From Daimler For Deploying In Europe

Online retailer Amazon.com (NASDAQ: AMZN) said on Tuesday that it has ordered more than 200 new eActros 600 vehicles from Mercedes-Benz Trucks to deploy in Europe in a bid to electrify its fleet. Wha...

5 days ago - Benzinga

Mercedes-Benz’s Virtual Assistant uses Google’s conversational AI agent

Mercedes-Benz’s MBUX Virtual Assistant will use Google Gemini on the cloud. | Image: Mercedes-Benz / Google Google Cloud’s new Automotive AI Agent platform promises to “continue conversations and refe...

6 days ago - The Verge

Mercedes-Benz Car Sales Drop Amid Challenging Market

Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.

9 days ago - WSJ

Mercedes-Benz 2024 car sales fall in tough year for automakers

Mercedes-Benz's core car sales fell in 2024, a tough year for the auto industry marked by waning demand in a weak economy, especially in key market China, the German luxury carmaker said on Friday.

9 days ago - Reuters

Mercedes-Benz set to launch 8 new models in India this year

Mercedes-Benz is making a strong push in India this year with the launch of 8 new models, including both traditional and electric vehicles. The German luxury carmaker has already kicked off its launch...

9 days ago - Business Upturn

Merc’s Rs 3 crore electric G-Glass sold out at launch

Mercedes-Benz launches one of India's most-expensive electric cars, the G-Class G580 EV priced at Rs 3 crore. All 85 allocated units are sold out. The company leads in luxury car sales and sees a grow...

10 days ago - The Times of India

Mercedes to expand in India's smaller cities as younger generations splurge

Germany's Mercedes-Benz , fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025 - mainly in smaller cities where young, well-travelled business owne...

10 days ago - Reuters

Mercedes-Benz launches EQS 450 SUV in India at Rs 1.28 crore

Mercedes-Benz has launched the more affordable EQS 450 SUV in India, priced at ₹1.28 crore, making it ₹13 lakh cheaper than the EQS 580 SUV. This new 5-seater variant offers an impressive mix of perfo...

10 days ago - Business Upturn

Mercedes-Benz launches G 580 Edition One in India at Rs 3 crore

Mercedes-Benz has introduced the much-awaited G 580 Edition One in India at an ex-showroom price of Rs 3 crore. This electric version of the iconic G-Class, also known as the Mercedes G 580 with EQ Te...

10 days ago - Business Upturn

Mercedes-Benz G-Class electric SUV to be launched tomorrow; Here’s what to expect

Mercedes-Benz is gearing up to reveal the much-anticipated electric version of its iconic G-Class, formally known as the EQG 580 with EQ Technology. Ahead of the official price announcement scheduled ...

11 days ago - Business Upturn

Mercedes-Benz may cut back on profit outlook as car market slows

The German car manufacturer Mercedes-Benz continues to struggle with a lacklustre auto market and weakening demand.

12 days ago - Euronews

Mercedes-Benz USA Reports 9% Year-Over-Year Growth for Passenger Car Sales

Q4 2024 Passenger Car sales of 88,259 are up 8% compared to Q4 2023. Top-End vehicle sales are up 52% in Q4 2024 vs Q4 2023. PHEV group sales are up 470% in Q4 2024 compared to the same quarter last y...

12 days ago - Benzinga

Mercedes-Benz USA Reports 9% Year-Over-Year Growth for Passenger Car Sales

ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported Q4 2024 group* sales of 88,259 Passenger Cars. This brings total Passenger Car sales for 2024 to 324,528 units, representing a 9% yea...

12 days ago - Business Wire

Mercedes revising profit outlook downwards in sluggish car market, source says

Mercedes-Benz will lower mid-term profitability targets for its passenger car business due to prolonged weakness in the market and the switch to electric-powered vehicles, a source familiar with the m...

12 days ago - Reuters

Mercedes-Benz swerves aggressively through crowd of cyclists blocking Los Angeles street

A video taken in the Mid-City neighborhood of Los Angeles shows a Mercedes-Benz driver swerving aggressively through a pack of bicyclists blocking the roadway. The video posted to Instagram by @whitew...

13 days ago - Yahoo

Lansdowne Rugby Club wins planning battle over controversial use of grounds to store up to 50 Mercedes Benz vehicles

One of Leinsters best-known rugby clubs has been granted planning permission for the controversial use of part of its training grounds in south Dublin to store up to 50 vehicles for a Mercedes-Benz de...

17 days ago - Independent Ireland

Mercedes-backed Volocopter files for bankruptcy

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while it se...

20 days ago - TechCrunch

Mercedes-Benz to launch AMG CLE 53 Coupe in India by late 2025; Here’s what to expect

Mercedes-Benz is set to launch the new AMG CLE 53 Coupe in India by late 2025, adding to its performance lineup alongside the AMG GT 63 S E, as reported by Autocar India. Unveiled in December 2023, th...

23 days ago - Business Upturn

Cheap and comfy Chinese cars are pushing out Mercedes-Benz and BMW in Mexico

Choosing a Chinese car over others is "simple arithmetic," says Miguel Reyes, a 71-year-old retiree.

23 days ago - Fortune

Move Over Mercedes: Chinese Cars Grab Mexican Market Share

The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car market, hitting sales of traditionally dominant brands such as Mercedes-Benz and BMW. Accor...

23 days ago - International Business Times (Australia)

James Packer-backed $400m Toorak project gets the green light

Developer Orchard Piper has won an appeal against a council decision regarding its eight-level project on the site of a former Mercedes-Benz dealership.

4 weeks ago - The Australian Financial Review