Mercedes-Benz Group AG

MBG

Company Profile

  • Business description

    Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).

  • Contact

    Mercedesstrasse 120
    StuttgartBW70372
    DEU

    T: +49 711170

    E: ir.dai@daimler.com

    https://www.daimler.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Auto Manufacturers

    Fiscal Year End

    31 December 2024

    Employees

    166,056

Mercedes-Benz Group AG News & Analysis

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