Mercedes-Benz Group AG - Company Profile
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Mercedes-Benz Group AG (Mercedes-Benz), formerly Daimler AG, is an automobile company. The company develops, manufactures, and distributes passenger cars, including two-seater cars, vans, and accessories. Mercedes-Benz is also know for its e-mobility offerings, autonomous driving and digital services. The company also offers various services such as financing, leasing, car subscription, car rental, fleet management, insurance brokerage, digital services for charging and payment, and innovative mobility services, among others. It has production facilities in Europe, North and Latin America, Asia, and Africa. The company sells its vehicles and provides services to customers globally through the brands Maybach, Mercedes-Benz, AMG, Mercedes-Benz Bank, Mercedes-Benz Financial Services, Mercedes-EQ, and Athlon. Mercedes-Benz is headquartered in Stuttgart, Baden-Wurttemberg, Germany.
Headquarters
Germany
Address
Mercedesstrasse 120, Stuttgart, Baden-Wurttemberg, 70372
Website
www.group.mercedes-benz.com
Telephone
49 711 170
No of Employees
152,528
Industry
Automotive
Ticker Symbol & Exchange
MBG (ETR)
Revenue (2024)
$149.2B
-9.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-49.6%
(2024 vs 2023)
Market Cap*
$50.5B
Net Profit Margin (2024)
XYZ
-44.5%
(2024 vs 2023)
* As of and is in US$
Mercedes-Benz Group AG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Passenger Cars | Financial Services | Maybach |
| Vans | Leasing Services | Mercedes-Benz |
| Two-Seater Cars | Financing Dealers for Property | AMG |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In June, Mercedes-Maybach launched Maybach Atelier in Europe. |
| 2026 | Product Recall | In June, the company recalled 99 units of the all-electric G-Class SUV in India, specifically the G 580 with EQ Technology, produced between July 2024 and August 2025. |
| 2026 | New Products/Services | In June, the company introduced Axial Flux, a series production of a new lightweight electric motor for the next generation of its luxury AMG vehicles. |
Competitor Comparison
| Key Parameters | Mercedes-Benz Group AG | Volkswagen AG | Toyota Motor Corp | Ford Motor Co | General Motors Co |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Japan | United States of America | United States of America |
| City | Stuttgart | Wolfsburg | Toyota | Dearborn | Detroit |
| State/Province | Baden-Wurttemberg | Niedersachsen | Aichi | Michigan | Michigan |
| No. of Employees | 152,528 | 657,389 | 390,927 | 169,000 | 156,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Martin Brudermuller | Chairman | Executive Board | 2024 | 65 |
| Ola Kallenius | Chief Executive Officer | Senior Management | 2019 | 57 |
| Jorg Burzer | Chief Technology Officer; Head - Development & Purchasing | Senior Management | 2025 | 56 |
| Britta Seeger | Director - Human Relations and Labour | Senior Management | 2025 | 57 |
| Olaf Schick | Head - Integrity, Governance & Sustainability | Senior Management | 2025 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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