Mercedes-Benz Group AG (MBGYY)
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]
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 StatementsNews
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...
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 ...
Mercedes-Benz's China Slump Likely To Kill Revenue Growth Trends
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.
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...
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...
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.
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.
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...
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...
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...
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...
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...
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 ...
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.
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...
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...
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...
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...
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...
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...
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...
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.
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...
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.