Mercedes-Benz Group AG - Company Profile
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Mercedes-Benz Group AG (Mercedes-Benz), formerly Daimler AG, is an automobile company. It develops, manufactures and distributes premium and luxury cars and vans. The company also offers various services such as financing, leasing, car subscription, car rental, fleet management, insurance brokerage, digital services for charging and payment, besides innovative mobility services. The company strives to develop efficient powertrains and go all-electric in an emissions-free and software-driven environment. It has production facilities in Europe, North and Latin America, Asia and Africa. The company sells its vehicles and provides services in almost every country on all continents. Mercedes-Benz is headquartered in Stuttgart, Baden-Wurttemberg, Germany.
Mercedes-Benz Group AG premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Passenger Cars | Financial Services | Maybach |
Two-Seater Cars | Leasing Services | Mercedes-Benz |
Vans | 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 |
---|---|---|
2024 | Contracts/Agreements | In April, the company entered into a partnership with BYD to develop the Denza Z9 GT. |
2024 | Plans/Strategy | In April, the company announced its plans to test an 11-megawatt-hour (MWh) battery at its Rastatt car factory in Germany from 2025. |
2024 | Contracts/Agreements | In April, Mercedes-AMG PETRONAS F1 Team partnered with The Ritz-Carlton to provide unparalleled experiences for Marriott Bonvoy Members and guests. |
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-Shi | Dearborn | Detroit |
State/Province | Baden-Wurttemberg | Niedersachsen | Aichi | Michigan | Michigan |
No. of Employees | 166,056 | 684,025 | 375,235 | 177,000 | 163,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Bernd Pischetsrieder | Chairman | Executive Board | 2021 | 75 |
Ola Kallenius | Chief Executive Officer | Senior Management | 2019 | 54 |
Markus Schafer | Head - Development & Procurement; Chief Technology Officer | Senior Management | 2021 | 58 |
Renata Jungo Brungger | Head - Integrity and Legal Affairs | Senior Management | 2016 | 62 |
Britta Seeger | Head - Marketing & Sales | Senior Management | 2017 | 54 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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