About Mercedes Benz Group AG ADR

Mercedes-Benz Group AG engages in the business of manufacturing and distributing premium cars. It operates through the following segments: Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility. The Mercedes-Benz Cars segment includes the brands Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ. The Mercedes-Benz Vans segment focuses on selling vans under the Mercedes-Benz brand.

The Mercedes-Benz Mobility segment is involved in supporting the sales of the vehicle brands. The company was founded by Gottlieb Daimler and Carl Benz in 1926 and is headquartered in Stuttgart, Germany.

Founding and Start-up

Growth

The company is currently in its scale-up phase, experiencing rapid market expansion and revenue growth. As a medium-sized enterprise, it has established a strong presence in its industry and is actively pursuing opportunities for further development and global expansion. The company's ambitious growth strategy is driven by innovation, strategic partnerships, and continuous improvement in products and services.

Achievements

Over the years, the company has achieved significant milestones, including a consistent track record of revenue growth exceeding market expectations. It has also successfully penetrated new markets, expanded its customer base, and enhanced its product offerings to meet evolving customer needs. The company's commitment to sustainability and social responsibility has gained industry recognition and enhanced its brand reputation.

Case Studies

One notable case study involves a successful product launch in a new market segment, resulting in a significant increase in market share and revenue growth. The company's innovative approach to product development and marketing strategies proved instrumental in achieving this milestone. Another significant project focused on sustainability initiatives, showcasing the company's commitment to environmental stewardship and social impact. These case studies highlight the company's ability to drive innovation and create value for customers and stakeholders.

Key Events

In the past year, the company has hosted several virtual events to promote its latest product launches, engage with customers, and showcase industry thought leadership. These events have garnered significant attention and participation from key stakeholders, reinforcing the company's position as an industry leader. Additionally, the company has secured strategic partnerships with global organizations, completed successful acquisitions to expand its market reach, and received prestigious awards for its commitment to innovation and quality. These key events underscore the company's continued growth and success in the marketplace.

Socials

company logo
Founded

-

Operating Status

Active

Industry

Automotive

headquarters
Address

Mercedesstrasse 120 Stuttgart Baden Wuerttemberg 70372 Germany...

Country

Germany

Employees

166056

Key People

Michael Peters (Member-Supervisory Board)

Michael Bettag (Member-Supervisory Board)

Markus Schäfer (CTO, Head-Development & Procurement)

Martin Daum (Head-Daimler Trucks & Daimler Buses Division)

Products

DRIVE PILOT

INTELLIGENT PARK PILOT

Intelligent Drive

Revenue

153.22 B

Operating Income

Stock Price

$15.48

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company logo

About Mercedes Benz Group AG ADR

Mercedes-Benz Group AG engages in the business of manufacturing and distributing premium cars. It operates through the following segments: Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility. The Mercedes-Benz Cars segment includes the brands Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ. The Mercedes-Benz Vans segment focuses on selling vans under the Mercedes-Benz brand. The Mercedes-Benz Mobility segment is involved in supporting the sales of the vehicle brands. The company was founded by Gottlieb Daimler and Carl Benz in 1926 and is headquartered in Stuttgart, Germany.

Founding and Start-up

Growth

...