Mercedes-Benz Group AG

Mercedes-Benz Group AG

DAI.DE
Mercedes-Benz Group AGDE flagDeutsche Börse
70.16
EUR
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Mercedes-Benz Group AG
DAI.DE
(Deutsche Börse)

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70.16

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Business
Mercedes-Benz Group AG Mercedes-Benz Group AG is a German multinational automotive company headquartered in Stuttgart, Germany, and traces its origins to the 1926 merger of Daimler-Motoren-Gesellschaft and Benz & Cie., with a rebranding from Daimler AG in February 2022 following the spin-off of its commercial vehicle unit into Daimler Truck Holding AG. The company operates through three primary segments: Mercedes-Benz Cars, which develops, manufactures, and sells high-end passenger cars under the Mercedes-Benz, Mercedes-AMG, and Mercedes-Maybach brands including models such as the electric EQS, GLC, CLA, and S-Class hybrids; Mercedes-Benz Vans, offering premium vans like the Sprinter and Vito for commercial and private use; and Mercedes-Benz Mobility AG, providing financing, leasing, vehicle subscriptions, rentals, fleet management, digital charging and payment services, insurance brokerage, and innovative mobility solutions. Mercedes-Benz Energy GmbH supports these operations by developing energy storage systems and charging infrastructure, including wall boxes and public networks. The company serves premium customer segments globally, with production and sales in Europe, North America, China, and other regions, targeting individual consumers, fleets, and urban mobility users. Recent developments include a May 2025 announcement designating Atlanta, Georgia, as its North American headquarters with relocation of up to 500 corporate, technical, and high-tech roles from Michigan, alongside a multi-million-dollar research and development center to enhance EV infrastructure and product quality; ongoing expansion of its electric vehicle portfolio with over 40 new models planned globally by 2027, emphasizing China-specific offerings and models like the all-electric GLC; increased investment in its Jawor, Poland, plant for vans production starting mid-2025 to boost European competitiveness; and executive changes effective December 2025, with Jörg Burzer assuming the Chief Technology Officer role and Michael Schiebe taking over production, quality, and supply chain management.