Mercedes-Benz Group AG (MBGYY)
|Net Income (ttm)||24.84B|
|Ex-Dividend Date||May 2, 2022|
|Day's Range||18.06 - 18.21|
|52-Week Range||12.42 - 21.73|
|Price Target||23.74 (+30.37%)|
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories. It also provides financing and leasing packages... [Read more]
In 2021, MBGYY's revenue was 133.89 billion, a decrease of -13.23% compared to the previous year's 154.31 billion. Earnings were 23.01 billion, an increase of 534.30%.Financial numbers in EUR Financial Statements
According to 29 analysts, the average rating for MBGYY stock is "Buy." The 12-month stock price forecast is $23.74, which is an increase of 30.37% from the latest price.
Mercedes set to invest billions in e-vehicles plants
Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to switch to electric v...
Mercedes-Benz and Visa Roll Out In-Car Payments in Germany
Mercedes-Benz has begun using Visa technology to enable native in-car payments.
Google, Mercedes-Benz Pact Spotlights How AI Can Drive Connected Car's Evolution
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Insiders Were Buying Up Luminar (LAZR) Stock Ahead of Mercedes Deal
Luminar Technologies (NASDAQ: LAZR) stock closed higher by 28% yesterday after announcing a “multi-billion dollar deal” expansion with Mercedes-Benz (OTCMKTS: MBGYY). The exact amount of the deal wa...
Luminar ($LAZR) Signs Deal with Mercedes to Integrate Next-Generation Automated Driving Capabilities
Luminar (NASDAQ: LAZR) and Mercedes-Benz have expanded their partnership to integrate advanced automated driving capabilities in the automaker's next-generation vehicle lineup. Luminar's Iris lidar an...
Mercedes adding Luminar lidar to more vehicles in multibillion-dollar deal
Mercedes-Benz has agreed to a “multibillion-dollar” deal with Luminar to integrate lidar technology and software into the German automaker's next-generation of vehicles set to go into production by th...
Mercedes partners with Google to bring Maps and YouTube into its vehicles
Mercedes-Benz and Google have struck a long-term partnership designed to give the German automaker control over its IP and marketplace while offering drivers navigation, maps and YouTube provided by t...
Luminar stock rallies more than 20% after Mercedes-Benz deal
Shares of Luminar Technologies Inc. LAZR, +23.59% skyrocketed more than 20% Wednesday after the lidar company said it expanded its deal with Mercedes-Benz for “next-generation” vehicle lines. Shares o...
Luminar, Mercedes-Benz expand deal for self-driving tech
Self-driving sensor maker Luminar Technologies Inc announced an expanded partnership with Mercedes-Benz Group on Wednesday to enable fully automated driving for its next-generation vehicles.
Mercedes-Benz to partner with Google on branded navigation
Mercedes-Benz has partnered with Google to develop branded navigation for its new MB.OS operating system, the luxury carmaker said on Wednesday.
Lidar maker Luminar announces 'multi-billion dollar' expansion of its deal with Mercedes-Benz
The lidar units will be part of a significantly upgraded hands-free driving system that Mercedes-Benz plans to roll out across its lineup.
Luminar Broadens Deal With Mercedes but Lidar Technology Is Still Growing Slowly
The companies have been collaborating on lidar, essentially laser-based radar, for the past couple of years.
Mercedes-Benz and Google Join Forces to Create Next-Generation Navigation Experience
Mercedes-Benz plans to build its own branded navigation using new in-car geospatial data and navigation capabilities from Google Maps Platform. The partnership enables Mercedes-Benz to create a drivin...
Luminar and Mercedes-Benz Announce Broad Deal Across Next-Generation Production Vehicle Lines
ORLANDO, Fla. & STUTTGART, Germany--(BUSINESS WIRE)---- $LAZR--Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced today a sweeping expansion of its partnership with Merc...
Mercedes presented record FY results in challenging environment, says CEO
Ola Kallenius, CEO of Mercedes, discusses the company's strong earnings reported for 2022, despite the challenges of the global energy crisis and supply chain shortages.
Mercedes-Benz CEO on Challenges in 2023, EVs & China
Mercedes-Benz expects earnings to slip this year, even as the German luxury-car maker pursues a 4 billion euro share buyback. The manufacturer said Friday it sees flat revenue in 2023 and group operat...
Mercedes-Benz to return nearly $6 billion to shareholders a strong fourth quarter, but warns of flat sales in 2023
The company said it would propose a dividend of EUR5.20 a share for 2022, or EUR5.6 billion in total, topping the EUR5.00 a share it paid for the previous year.
Mercedes-Benz flags market uncertainty despite 2022 earnings boost
Mercedes-Benz Group on Friday beat analysts' forecasts with annual earnings of 20.5 billion euros ($21.80 billion), but the premium carmaker warned of lower earnings this year due to economic uncertai...
Mercedes-Benz is bringing its new, all-electric eSprinter van to North America this year
Mercedes-Benz said Tuesday that its long-anticipated battery-electric eSprinter is finally coming to North America, with production set to begin in the second half of 2023 at its factory in Charleston...
Mercedes launches new U.S.-made commercial van in latest EV push
CNBC's Joe Kernen reports on the latest EV push of Mercedes.
Putin approves sale of Mercedes-Benz Russian finance arm
Russian President Vladimir Putin on Monday approved the sale of Mercedes-Benz's local financial services division to Russian car dealer Avtodom, nudging the German automaker closer towards fully offlo...
Mercedes-Benz just beat Elon Musk's Tesla in its home ground
Tesla Inc (NASDAQ: TSLA) ended more than 5.0% down on Monday after rival Mercedes-Benz (ETR: DAI) became the only certified Level-3 autonomous car company in the United States.
3 German Stocks to Diversify Your Portfolio
Germany has the fourth largest economy in the world and the largest economy in Europe. The country is a true powerhouse which has rebuilt itself multiple times after world wars.
Mercedes-Benz Reports 21% Growth in Q4; 2022 Total Sales of 350,949 Vehicles +6.5% Versus 2021
ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported 21% growth in sales of its luxury passenger car portfolio in Q4 2022 over the comparable quarter in 2021. Strong, sustained demand ...