Mercedes-Benz Group AG - Company Profile

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Mercedes-Benz Group AG: Overview

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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.

 Gain a 360-degree view of Mercedes-Benz Group AG and make more informed decisions for your business Gain a 360-degree view of Mercedes-Benz Group AG and make more informed decisions for your business Find out more
Headquarters Germany
Address Mercedesstrasse 120, Stuttgart, Baden-Wurttemberg, 70372
Website group.mercedes-benz.com/en
Telephone 49 711 170
No of Employees 166,056
Industry Automotive
Ticker Symbol & Exchange MBG (ETR)
Revenue (2022) $165.7B 2.1% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -1.7% (2022 vs 2021)
Market Cap* $86.6B
Net Profit Margin (2022) XYZ -3.7% (2022 vs 2021)
* As of and is in US$
View Mercedes-Benz Group AG financials
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Mercedes-Benz Group AG premium industry data and analytics

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Product Life Cycle

Explore worldwide vehicle development plans for brands from Mercedes-Benz Group AG with a catalogue of vehicles.

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Factory Finder

Determine the location of the automotive OEMs and suppliers connected to Mercedes-Benz Group AG in order to better understand the competitive landscape and identify sourcing and logistics issues.

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Mercedes-Benz Group AG (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Mercedes-Benz Group AG’s likely spend across technology areas enabling you to understand the digital strategy.

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
Understand Mercedes-Benz Group AG portfolio and identify potential areas for collaboration Understand Mercedes-Benz Group AG portfolio and identify potential areas for collaboration Find out more

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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
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
Steffen Hoffmann Vice President; Head - Investor Relations Senior Management - -
Jorg Homering Head - Production and Site, Mercedes-Benz Ludwigsfelde GmbH Senior Management 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Gain insight into Mercedes-Benz Group AG key executives to enhance your sales strategy Gain insight into Mercedes-Benz Group AG key executives to enhance your sales strategy Find out more
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