Mercedes-Benz Group AG (MBGYY)

OTCMKTS: MBGYY · Delayed Price · USD
17.36
-0.04 (-0.23%)
Jul 2, 2024, 3:52 PM EDT - Market closed
Market Cap 72.28B
Revenue (ttm) 151.58B
Net Income (ttm) 7.27B
Shares Out 4.16B
EPS (ttm) 3.38
PE Ratio 5.15
Forward PE 6.46
Dividend $1.44 (8.32%)
Ex-Dividend Date May 9, 2024
Volume 45,889
Open 17.25
Previous Close 17.40
Day's Range 17.23 - 17.36
52-Week Range 14.53 - 20.81
Beta 1.18
Analysts n/a
Price Target n/a
Earnings Date n/a

About MBGYY

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 1926
Employees 166,056
Stock Exchange OTCMKTS
Ticker Symbol MBGYY
Full Company Profile

Financial Performance

In 2023, MBGYY'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 Statements

News

Mercedes-Benz spending more than previously planned on combustion engines - Wiwo

Mercedes-Benz is investing more than previously planned in combustion engine technology, including 14 billion euros ($15 billion) this year on its passenger cars, its chief executive told German publi...

5 days ago - Reuters

Lithium Tech Co. Joins EV Research Group With Mercedes-Benz

Lithos Group Ltd. LITSF announced it has become a member of the Alabama Mobility and Power (AMP) Center, a strategic alliance that includes the University of Alabama, Alabama Power, and Mercedes-Benz ...

Other symbols: LITSF
12 days ago - Benzinga

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.

Other symbols: BMWYYVWAGY
19 days ago - Reuters

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 ...

Other symbols: BMWYYVLVLYVWAGY
19 days ago - Reuters

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 ...

20 days ago - Reuters

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.

26 days ago - Reuters

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.

5 weeks ago - Huffington Post

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."

5 weeks ago - Fox Business

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.

5 weeks ago - WSJ

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

The United Auto Workers union is challenging the results of last week's organizing vote of Mercedes-Benz workers in Alabama, in which workers voted against union representation. The union alleges the ...

5 weeks ago - CNBC

UAW asks US board for new unionization vote at Mercedes' Alabama plant

The United Auto Workers (UAW) union is seeking a new election at a Mercedes-Benz plant in Alabama after losing a vote there last week, according to a petition filed on Friday with the National Labor R...

5 weeks ago - Reuters

Case Western's Daniel Julius on unionization: General trend is upwards for the time being

Daniel Julius, Case Western Reserve University visiting professor, joins 'Power Lunch' to discuss Mercedes workers voting against unionizing and the future of the UAW.

6 weeks ago - CNBC Television

After decisive loss at Alabama Mercedes plants, UAW vows to return and win

TUSCALOOSA, Ala. — A decisive vote against the United Auto Workers union at two Mercedes factories in Alabama on Friday sidetracked the UAW's grand plan to sign up workers at nonunion plants mainly in...

6 weeks ago - Market Watch

A Loss at Mercedes-Benz Slows U.A.W.'s Southern Campaign

After Mercedes workers voted against joining the United Automobile Workers, the union will have less momentum as it campaigns to organize Southern factories.

6 weeks ago - NYTimes

UAW is playing the 'long game' with unionizing in southern states, says Fmr. Ford CEO Mark Fields

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.

6 weeks ago - CNBC Television

Alabama Mercedes-Benz workers reject UAW bid

Autoworkers at a Mercedes-Benz (MBG.DE, MBGYY) facility in Alabama voted against joining the United Auto Workers union in a 56% to 44% decision. UAW President Shawn Fain said the loss "stings" but vow...

6 weeks ago - Yahoo Finance

UAW's stinging loss in Alabama won't kill national organizing effort

The United Auto Workers failed in its effort to organize a Mercedes-Benz plant in Alabama, but the loss on Friday was a good result for a first effort in a historically anti-union state, labor profess...

6 weeks ago - Reuters

Mercedes-Benz workers in Alabama vote against union in major blow to UAW

Workers at a Mercedes-Benz plant in Alabama voted against the formation of a union on Friday, dealing a significant blow to the United Auto Workers' hopes at making inroads in the South.

6 weeks ago - Fox Business

Blow to UAW as Mercedes workers in Alabama vote against unionization

Workers in Tuscaloosa vote against bid to unionize, as UAW president Shawn Fain hails impact of campaign despite defeat

6 weeks ago - The Guardian

Mercedes Alabama Plant Rejects UAW. What That Means for Ford, GM.

Mercedes-Benz workers in Tuscaloosa, Ala., voted against union representation, representing a small headwind for the Detroit Three.

Other symbols: FGM
6 weeks ago - Barrons

Workers at Alabama Mercedes plants vote 56% against union, slowing UAW effort in South

TUSCALOOSA, Ala. — Workers at two Mercedes-Benz factories near Tuscaloosa, Ala.

6 weeks ago - Market Watch

Mercedes workers at Alabama plant vote to reject unionization in setback for UAW

The UAW had hoped to continue a run that includes the overwhelming VW win in Chattanooga, Tenn.

6 weeks ago - New York Post

Mercedes-Benz Alabama plant votes against unionization

CNBC's Steve Kovach joins 'Closing Bell' to report on the UAW decision at the Alabama Mercedes-Benz plant.

6 weeks ago - CNBC Television

Alabama Mercedes-Benz Workers Vote Against Unionizing—In UAW Setback

Mercedes-Benz workers in Alabama rejected union representation by the United Auto Workers on Friday, a setback for the labor union as it tries to expand to non-union factories in the South after ratif...

6 weeks ago - Forbes

Mercedes-Benz U.S. International, Inc. Team Members have voted against union representation

VANCE, Ala.--(BUSINESS WIRE)--Eligible Mercedes-Benz U.S. International, Inc. (MBUSI) Team Members voted against representation by the UAW this week. The secret ballot vote was overseen by the Nationa...

6 weeks ago - Business Wire