Mercedes-Benz Group AG

Company Profile

• Business description

  Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company’s financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes’ largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.

• Contact

  Mercedesstrasse 120
  StuttgartBW70372
  DEU

  T: +49 711170

  E: [email protected]

  https://www.daimler.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Auto Manufacturers

  Fiscal Year End

  31 December 2024

  Employees

  166,056