Mercedes-Benz Group AG

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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.

Mercedes-Benz Group on Friday beat analysts' forecasts with annual earnings of 20.5 billion euros ($21.80 billion), but the premium carmaker warned of lower earnings this year due to economic uncertainty.

Mercedes-Benz flags market uncertainty despite 2022 earnings boost

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Mercedes-Benz said Tuesday that its long-anticipated battery-electric eSprinter is finally coming to North America, with production set to begin in the second half of 2023 at its factory in Charleston, South Carolina. The Mercedes-Benz eSprinter — and its arrival to the United States and Canada— has been teased for months now.

Mercedes-Benz is bringing its new, all-electric eSprinter van to North America this year

Tesla, Inc.'s Full Self-Driving capability is not really self-driving and unique. Mercedes-Benz Group AG's Drive Pilot is much more advanced than the Tesla's version.

Tesla's FSD Can Be Outdriven By Mercedes

Russian President Vladimir Putin on Monday approved the sale of Mercedes-Benz's local financial services division to Russian car dealer Avtodom, nudging the German automaker closer towards fully offloading its Russian assets.

Putin approves sale of Mercedes-Benz Russian finance arm

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ATLANTA--( BUSINESS WIRE )--Mercedes-Benz USA (MBUSA) today reported 21% growth in sales of its luxury passenger car portfolio in Q4 2022 over the comparable quarter in 2021. Strong, sustained demand for Electric Vehicles (EQ) and Top-End Vehicles propelled Q4 growth of 21% for a total of 73,019 vehicles. Additionally, Mercedes-Benz Vans recorded Q4 sales of 15,474, bringing MBUSA to a grand total of 88,493 vehicles. On a year-to-date basis, MBUSA recorded sales of 286,764 Mercedes-Benz passenger vehicles in calendar year 2022, a growth of 4% versus 2021, and 64,185 Vans, an increase of 20% versus 2021. This brings MBUSA's total year-to-date sales to 350,949 units, an increase of 6.5% versus 2021.

Mercedes-Benz Reports 21% Growth in Q4; 2022 Total Sales of 350,949 Vehicles +6.5% Versus 2021

Mercedes Benz expects double-digit sales growth in India this year, despite concerns that a weaker rupee could increase car prices, the head of its local unit said in an interview.

Mercedes expects double-digit growth in India in 2023 despite weak rupee

DETROIT (AP) — Mercedes is recalling nearly 324,000 vehicles in the U.S. because the engines can stall while they're being driven.

Mercedes recalls nearly 324,000 vehicles due to engine stalling

The network could help increase the low number of charging stations, encouraging more people to buy electric vehicles.

Mercedes-Benz Plans to Build U.S. Electric Car Charging Network

Luxury brand intends to install 10,000 chargers globally that drivers of cars with compatible technology can use.

Mercedes-Benz Plans to Install Its Own Network of EV Chargers

Mercedes-Benz Group AG on Thursday announced sweeping plans for a global charging network that would start in the U.S. and Canada.

Mercedes-Benz unveils EV charging plans, starting with U.S. and Canada

Mercedes-Benz is poised to invest billions of euros to build 10,000 fast-charging points in North America, Europe and China by 2030, the luxury carmaker said on Thursday.

Mercedes to launch vehicle-charging network, starting in North America

Today at CES 2023, a great-big tech conference in Vegas, Mercedes-Benz announced its answer to range anxiety and the great electric-vehicle charger shortage. Following the likes of Tesla and GM, the German automaker shared a plan to develop a new 10,000-charger network by 2030, starting with the U.S.

Mercedes-Benz plots ‘global' EV charging network with 10,000 chargers by 2030

LAS VEGAS & STUTTGART, Germany--( BUSINESS WIRE )--Mercedes-Benz announces far-reaching plans to launch a global high-power charging network across North America, Europe, China and other key markets. It will begin to be built this year in the US and Canada, followed by other regions around the globe. The aim is to have the full network in place before the end of the decade, when Mercedes-Benz intends to go all-electric wherever market conditions allow. The Mercedes-Benz high-power charging network will greatly enhance customers' charging experience, accelerate the journey towards the all-electric future and create a global infrastructure asset with future value-creation potential. The Mercedes-Benz charging hubs will be located in key cities and urban population centers, close to major arteries, convenient retail and service destinations, including participating Mercedes-Benz dealership sites.

Mercedes-Benz to Launch Global Branded High-power Charging Network, Starting in North America

News for Mercedes-Benz Group AG Stock (MBGYY)