Mercedes-Benz Group AG, formerly Daimler AG (Mercedes-Benz), is an automobile company. It develops, manufactures and distributes premium and luxury cars and vans. It sells vehicles and offers services across the world. It has production facilities in Europe, North and Latin America, Asia and Africa. In addition, The company also offers various services such as financing, leasing, car subscription, car rental, fleet management, insurance brokerage, digital services for charging and payment. Mercedes-Benz is headquartered in Stuttgart, Baden-Wurttemberg, Germany.
Headquarters
Germany
Address
Mercedesstrasse 120, Stuttgart, Baden-Wurttemberg, 70372
Website
group.mercedes-benz.com/en
Telephone
49 711 170
No of Employees
173,000
Industry
Automotive
Ticker Symbol & Exchange
MBG (ETR)
Revenue (2021)
$158.3B
9.9%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
534.3%
(2021 vs 2020)
Market Cap*
$70.6B
Net Profit Margin (2021)
XXX
476.5%
(2021 vs 2020)
* As of and is in US$
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Products and Services
| Products | Services | Brands |
|---|---|---|
| Passenger Cars | Financial Services | Maybach |
| Two-Seater Cars | Leasing Services | Mercedes-Benz |
| Vans | Financing Dealers for Property | AMG |
| XXX | XXX | XXX |
| XXX | XXX | XXX |
| XXX | XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Others | In June, the company delivered the first-ever unit of AMG GT Black Series in India. |
| 2022 | Product Recall | In June, the company announced to recall nearly one million older cars due to a potential problem with the braking system. |
| 2022 | Product Recall | In June, the company recalled 165 Fuso trucks due to a software issue. |
Competitor Comparison
| Key Parameters | Mercedes-Benz Group AG | Volkswagen AG | Toyota Motor Corp | Ford Motor Co | Bayerische Motoren Werke AG |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Japan | United States of America | Germany |
| City | Stuttgart | Wolfsburg | Toyota-Shi | Dearborn | Muenchen |
| State/Province | Baden-Wurttemberg | - | Aichi | Michigan | - |
| No. of Employees | 173,000 | 668,294 | 366,283 | 183,000 | 118,909 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ola Kallenius | Chief Executive Officer | Senior Management | 2019 | 53 |
| Markus Schafer | Head - Development & Procurement; Chief Technology Officer | Senior Management | 2021 | 57 |
| Bernd Pischetsrieder | Chairman | Non Executive Board | 2021 | 74 |
| Sabine Kohleisen | Head-Human Resources; Director - Labour Relations | Executive Board | 2021 | 58 |
| Jorg Burzer | Head - Production & Supply Chain Management | Senior Management | 2021 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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