Mercedes-Benz Group AG Key Executives

This section highlights Mercedes-Benz Group AG's key executives, including their titles and compensation details.

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Mercedes-Benz Group AG Earnings

This section highlights Mercedes-Benz Group AG's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: July 30, 2025
Time: --
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: April 28, 2025
EPS: $1.98
Est. EPS: $2.72
Revenue: $35.94B

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2024 2025-02-20 $2.35 $2.70
Read Transcript Q3 2024 2024-10-25 $1.99 $1.81
Read Transcript Q2 2024 2024-07-26 $2.85 $2.95
Read Transcript Q1 2024 2024-04-30 $2.62 $2.86
Read Transcript Q4 2023 2024-02-22 $2.52 $2.99
Read Transcript Q3 2023 2023-10-26 $3.24 $3.44
Read Transcript Q2 2023 2023-07-27 $3.37 $3.34
Read Transcript Q1 2023 2023-04-28 $3.33 $3.69

Financial Statements

Access annual & quarterly financial statements for Mercedes-Benz Group AG, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $145.59B $153.22B $150.02B $133.89B $154.31B
Cost of Revenue $117.02B $118.84B $116.00B $103.22B $128.72B
Gross Profit $28.58B $34.38B $34.02B $30.68B $25.59B
Gross Profit Ratio 19.63% 22.44% 22.68% 22.91% 16.58%
Research and Development Expenses $5.58B $8.37B $5.60B $5.47B $6.12B
General and Administrative Expenses $2.53B $2.69B $2.58B $2.81B $3.53B
Selling and Marketing Expenses $9.99B $9.73B $9.48B $9.19B $11.06B
Selling General and Administrative Expenses $12.52B $13.04B $12.07B $12.00B $14.59B
Other Expenses $-1.83B $- $-1.50B $-1.77B $-1.27B
Operating Expenses $16.27B $19.32B $16.17B $15.70B $19.44B
Cost and Expenses $133.29B $139.95B $132.16B $118.92B $148.16B
Interest Income $738.00M $678.00M $273.00M $212.00M $220.00M
Interest Expense $586.00M $323.00M $427.00M $429.00M $484.00M
Depreciation and Amortization $6.77B $6.66B $13.89B $15.07B $17.84B
EBITDA $21.50B $27.44B $27.25B $23.22B $15.39B
EBITDA Ratio 14.77% 17.91% 18.17% 17.34% 9.97%
Operating Income $12.30B $13.27B $20.28B $16.93B $6.95B
Operating Income Ratio 8.45% 8.66% 13.52% 12.65% 4.51%
Total Other Income Expenses Net $1.85B $6.82B $6.14B $4.11B $3.88B
Income Before Tax $14.15B $20.08B $20.30B $15.81B $6.34B
Income Before Tax Ratio 9.72% 13.11% 13.53% 11.81% 4.11%
Income Tax Expense $3.74B $5.55B $5.50B $4.76B $2.33B
Net Income $10.21B $14.26B $14.50B $11.05B $3.63B
Net Income Ratio 7.01% 9.31% 9.67% 8.25% 2.35%
EPS $9.81 $13.46 $13.55 $10.33 $3.39
EPS Diluted $9.81 $13.46 $13.55 $10.33 $3.39
Weighted Average Shares Outstanding 1.04B 1.06B 1.07B 1.07B 1.07B
Weighted Average Shares Outstanding Diluted 1.04B 1.06B 1.07B 1.07B 1.07B
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $38.45B $34.53B $36.74B $35.87B $40.26B $37.20B $38.24B $37.52B $41.00B $37.72B $36.44B $34.86B $35.24B $31.65B $43.48B $41.02B $46.62B $40.28B $30.18B $37.22B
Cost of Revenue $31.02B $28.32B $28.92B $28.77B $32.28B $29.17B $29.28B $28.11B $32.23B $28.93B $27.94B $26.89B $26.57B $24.93B $33.63B $32.01B $37.02B $32.70B $27.49B $31.51B
Gross Profit $7.43B $6.21B $7.82B $7.11B $7.98B $8.03B $8.96B $9.41B $8.77B $8.78B $8.50B $7.96B $8.67B $6.71B $9.85B $9.01B $9.61B $7.58B $2.69B $5.71B
Gross Profit Ratio 19.33% 17.99% 21.29% 19.81% 19.82% 21.60% 23.42% 25.07% 21.39% 23.28% 23.33% 22.85% 24.61% 21.22% 22.65% 21.96% 20.60% 18.81% 8.93% 15.34%
Research and Development Expenses $969.00M $1.68B $1.46B $1.47B $1.35B $1.54B $1.64B $1.70B $1.25B $1.52B $1.45B $1.38B $1.12B $1.35B $1.79B $1.83B $1.30B $1.55B $1.54B $1.72B
General and Administrative Expenses $584.00M $610.00M $619.00M $716.00M $732.00M $606.00M $701.00M $649.00M $770.00M $614.00M $590.00M $610.00M $771.00M $707.00M $961.00M $975.00M $918.00M $888.00M $808.00M $920.00M
Selling and Marketing Expenses $3.06B $2.14B $2.44B $2.35B $2.48B $2.37B $2.52B $2.36B $2.40B $2.46B $2.41B $2.23B $2.54B $2.20B $2.75B $2.76B $3.34B $2.36B $2.46B $2.89B
Selling General and Administrative Expenses $3.65B $2.75B $3.07B $2.80B $3.09B $2.97B $3.22B $3.01B $3.17B $3.07B $3.00B $2.83B $3.31B $2.91B $3.72B $3.73B $4.26B $3.25B $3.27B $3.81B
Other Expenses $-375.00M $-354.00M $-32.71B $- $- $- $- $- $-273.00M $-232.00M $1.00M $-99.00M $-159.00M $-318.00M $-132.00M $-273.00M $-202.00M $-287.00M $-366.00M $-415.00M
Operating Expenses $4.24B $4.08B $4.53B $4.26B $4.44B $4.06B $4.60B $4.38B $4.14B $4.36B $4.45B $4.11B $4.26B $3.94B $5.37B $5.29B $5.36B $4.52B $4.45B $5.12B
Cost and Expenses $35.26B $32.40B $33.45B $33.03B $36.72B $33.23B $33.88B $32.48B $36.37B $33.30B $32.38B $31.01B $30.83B $28.87B $39.01B $37.30B $42.37B $37.22B $31.94B $36.63B
Interest Income $188.00M $165.00M $175.00M $210.00M $178.00M $190.00M $157.00M $153.00M $116.00M $63.00M $375.00M $41.00M $26.00M $80.00M $59.00M $52.00M $36.00M $56.00M $51.00M $77.00M
Interest Expense $153.00M $236.00M $111.00M $86.00M $54.00M $52.00M $80.00M $88.00M $125.00M $93.00M $126.00M $83.00M $111.00M $100.00M $149.00M $118.00M $165.00M $162.00M $313.00M $154.00M
Depreciation and Amortization $1.82B $1.65B $1.66B $1.64B $1.74B $1.64B $1.63B $1.65B $1.61B $1.69B $1.61B $1.61B $1.60B $1.71B $1.85B $1.82B $2.29B $2.22B $2.47B $1.98B
EBITDA $5.28B $4.53B $5.34B $4.93B $6.48B $5.61B $6.19B $6.68B $7.13B $6.03B $5.65B $5.98B $5.67B $4.47B $5.65B $4.57B $6.96B $4.65B $1.04B $2.46B
EBITDA Ratio 13.74% 13.12% 14.54% 13.73% 16.10% 15.08% 16.18% 17.81% 17.40% 15.99% 15.50% 17.14% 16.09% 14.11% 13.00% 11.13% 14.94% 11.55% 3.45% 6.61%
Operating Income $3.19B $2.13B $3.29B $2.84B $3.54B $5.03B $5.17B $5.66B $5.53B $5.26B $4.67B $4.37B $14.31B $2.77B $4.48B $3.72B $4.25B $3.06B $-1.75B $595.00M
Operating Income Ratio 8.30% 6.17% 8.96% 7.92% 8.79% 13.53% 13.51% 15.08% 13.48% 13.94% 12.83% 12.54% 40.61% 8.77% 10.30% 9.06% 9.12% 7.59% -5.81% 1.60%
Total Other Income Expenses Net $115.00M $514.00M $583.00M $826.00M $3.47B $-555.00M $768.00M $854.00M $986.00M $1.03B $506.00M $1.41B $-449.00M $399.00M $1.56B $1.96B $-129.00M $-10.00M $229.00M $-55.00M
Income Before Tax $3.31B $2.65B $3.83B $3.44B $4.20B $4.98B $5.08B $5.57B $5.40B $5.17B $4.55B $5.19B $3.96B $2.88B $5.09B $5.68B $4.51B $3.03B $-1.74B $540.00M
Income Before Tax Ratio 8.60% 7.66% 10.44% 9.59% 10.42% 13.39% 13.30% 14.84% 13.17% 13.70% 12.48% 14.88% 11.24% 9.10% 11.70% 13.85% 9.67% 7.53% -5.77% 1.45%
Income Tax Expense $704.00M $926.00M $1.10B $1.00B $1.29B $1.26B $1.44B $1.56B $1.38B $1.17B $1.35B $1.60B $1.55B $855.00M $1.39B $1.31B $920.00M $874.00M $164.00M $372.00M
Net Income $2.48B $1.73B $3.02B $2.97B $3.12B $3.64B $3.56B $3.94B $3.98B $3.92B $3.11B $3.49B $12.65B $2.47B $3.60B $4.29B $3.48B $2.05B $-2.00B $94.00M
Net Income Ratio 6.46% 5.02% 8.21% 8.29% 7.74% 9.77% 9.32% 10.52% 9.71% 10.40% 8.53% 10.01% 35.89% 7.80% 8.27% 10.46% 7.48% 5.09% -6.63% 0.25%
EPS $2.39 $1.66 $2.95 $2.86 $2.99 $3.44 $3.34 $3.69 $3.72 $3.67 $2.90 $3.26 $2.25 $2.31 $3.36 $4.01 $3.26 $1.91 $-1.87 $0.09
EPS Diluted $2.39 $1.66 $2.95 $2.86 $2.99 $3.44 $3.34 $3.69 $3.72 $3.67 $2.90 $3.26 $2.25 $2.31 $3.36 $4.01 $3.26 $1.91 $-1.87 $0.09
Weighted Average Shares Outstanding 1.04B 1.04B 1.02B 1.04B 1.04B 1.06B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B
Weighted Average Shares Outstanding Diluted 1.04B 1.04B 1.02B 1.04B 1.04B 1.06B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B 1.07B
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $14.51B $13.11B $17.68B $23.12B $23.05B
Short Term Investments $7.23B $6.39B $6.68B $6.74B $5.40B
Cash and Short Term Investments $21.74B $18.99B $24.36B $29.86B $28.45B
Net Receivables $41.74B $6.58B $7.33B $6.88B $9.93B
Inventory $25.90B $26.13B $25.46B $21.29B $26.31B
Other Current Assets $12.38B $52.34B $50.58B $50.76B $54.53B
Total Current Assets $101.77B $104.03B $102.87B $102.93B $115.26B
Property Plant Equipment Net $71.76B $40.24B $68.80B $72.33B $82.80B
Goodwill $754.00M $- $749.00M $764.00M $1.22B
Intangible Assets $18.68B $17.02B $15.12B $14.24B $15.18B
Goodwill and Intangible Assets $19.44B $17.02B $15.87B $15.01B $16.40B
Long Term Investments $7.62B $12.96B $9.26B $9.32B $2.17B
Tax Assets $4.33B $- $3.73B $3.43B $6.26B
Other Non-Current Assets $60.09B $88.76B $59.49B $56.82B $62.85B
Total Non-Current Assets $163.24B $158.99B $157.14B $156.90B $170.47B
Other Assets $- $- $- $- $-
Total Assets $265.01B $263.02B $260.01B $259.83B $285.74B
Account Payables $11.31B $11.62B $11.10B $9.67B $11.61B
Short Term Debt $30.45B $32.12B $- $- $-
Tax Payables $2.27B $948.00M $2.98B $2.93B $3.21B
Deferred Revenue $- $856.00M $1.39B $45.70B $47.63B
Other Current Liabilities $30.80B $38.60B $74.32B $75.08B $84.99B
Total Current Liabilities $74.83B $83.29B $88.40B $87.67B $99.81B
Long Term Debt $62.59B $53.38B $13.12B $21.77B $27.89B
Deferred Revenue Non-Current $3.29B $- $4.89B $5.16B $7.35B
Deferred Tax Liabilities Non-Current $7.50B $- $6.91B $4.49B $3.65B
Other Non-Current Liabilities $23.17B $34.39B $71.95B $77.22B $95.80B
Total Non-Current Liabilities $96.55B $87.77B $85.07B $98.99B $123.68B
Other Liabilities $- $-856.00M $- $- $-
Total Liabilities $171.38B $170.21B $173.47B $186.66B $223.49B
Preferred Stock $- $- $- $- $1.04B
Common Stock $3.07B $3.07B $3.07B $3.07B $3.07B
Retained Earnings $75.47B $76.67B $67.69B $56.19B $47.11B
Accumulated Other Comprehensive Income Loss $- $14.29B $2.93B $968.00M $-1.04B
Other Total Stockholders Equity $14.09B $-2.26B $11.72B $11.72B $10.51B
Total Stockholders Equity $92.62B $91.77B $85.42B $71.95B $60.69B
Total Equity $93.63B $92.82B $86.54B $73.17B $62.25B
Total Liabilities and Stockholders Equity $265.01B $263.02B $260.01B $259.83B $285.74B
Minority Interest $1.00B $1.04B $1.12B $1.22B $1.56B
Total Liabilities and Total Equity $265.01B $263.02B $260.01B $259.83B $285.74B
Total Investments $14.85B $15.43B $15.93B $16.06B $7.57B
Total Debt $93.04B $87.21B $84.41B $93.85B $114.76B
Net Debt $78.53B $71.25B $66.73B $70.73B $91.71B


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $14.51B $14.03B $12.85B $17.19B $15.96B $15.14B $15.43B $17.39B $17.68B $15.38B $14.32B $17.95B $23.12B $19.95B $26.18B $25.96B $23.05B $24.50B $21.95B $16.14B
Short Term Investments $7.23B $9.77B $6.26B $6.70B $6.16B $10.05B $10.09B $11.35B $6.68B $8.09B $8.43B $9.68B $6.74B $7.91B $7.72B $8.62B $5.40B $10.41B $11.29B $10.94B
Cash and Short Term Investments $21.74B $23.79B $19.11B $23.89B $22.12B $25.19B $25.51B $28.74B $24.36B $23.47B $22.75B $27.63B $29.86B $27.87B $33.91B $34.57B $28.45B $34.91B $33.24B $27.08B
Net Receivables $41.74B $- $6.55B $5.89B $6.58B $6.90B $6.85B $6.84B $7.33B $6.94B $7.36B $7.40B $6.88B $5.95B $9.74B $9.91B $9.93B $9.90B $8.89B $9.28B
Inventory $25.90B $28.84B $29.75B $29.09B $27.29B $29.54B $28.47B $28.43B $25.46B $28.28B $26.09B $23.88B $21.29B $20.60B $28.80B $28.72B $26.31B $29.37B $29.92B $32.01B
Other Current Assets $12.38B $50.59B $51.99B $51.85B $52.34B $50.74B $50.16B $50.36B $50.58B $51.46B $50.60B $50.51B $50.76B $96.16B $54.09B $56.90B $54.53B $54.20B $61.85B $62.67B
Total Current Assets $101.77B $103.22B $103.87B $106.56B $104.03B $105.18B $103.55B $107.61B $102.87B $102.05B $98.81B $101.49B $102.93B $143.66B $119.45B $122.35B $115.26B $121.46B $123.74B $123.51B
Property Plant Equipment Net $71.76B $69.08B $68.89B $68.21B $67.80B $67.81B $67.33B $67.15B $68.80B $71.45B $71.66B $71.27B $72.33B $71.36B $83.12B $83.50B $82.80B $82.80B $85.26B $87.83B
Goodwill $754.00M $752.00M $752.00M $748.00M $745.00M $753.00M $754.00M $749.00M $749.00M $752.00M $760.00M $763.00M $764.00M $755.00M $1.25B $1.25B $1.22B $1.23B $1.26B $1.21B
Intangible Assets $18.68B $17.84B $17.21B $17.05B $16.85B $16.21B $15.67B $15.60B $15.12B $14.68B $14.41B $14.28B $14.24B $14.12B $15.25B $15.26B $15.18B $15.20B $15.33B $15.10B
Goodwill and Intangible Assets $19.44B $18.59B $17.96B $17.80B $17.59B $16.96B $16.43B $16.35B $15.87B $15.44B $15.17B $15.04B $15.01B $14.87B $16.49B $16.52B $16.40B $16.43B $16.59B $16.31B
Long Term Investments $7.62B $7.50B $66.02B $68.01B $68.04B $9.04B $8.53B $7.75B $9.26B $11.68B $10.11B $7.81B $9.32B $1.64B $4.44B $2.85B $2.17B $-536.00M $-1.84B $-168.00M
Tax Assets $4.33B $3.73B $3.75B $3.95B $4.13B $2.96B $2.89B $3.23B $3.73B $1.98B $2.54B $2.99B $3.43B $3.30B $4.78B $5.42B $6.26B $5.78B $6.16B $5.26B
Other Non-Current Assets $60.09B $59.90B $2.69B $2.63B $1.43B $61.73B $60.11B $61.16B $59.49B $59.53B $59.17B $59.47B $56.82B $54.78B $64.46B $64.69B $62.85B $64.72B $64.86B $64.93B
Total Non-Current Assets $163.24B $158.80B $159.31B $160.59B $158.99B $158.51B $155.28B $155.64B $157.14B $160.08B $158.65B $156.58B $156.90B $145.96B $173.28B $172.99B $170.47B $169.19B $171.02B $174.15B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $265.01B $262.02B $263.17B $267.15B $263.02B $263.69B $258.83B $263.24B $260.01B $262.13B $257.46B $258.07B $259.83B $289.62B $292.73B $295.34B $285.74B $290.65B $294.76B $297.66B
Account Payables $11.31B $14.24B $12.49B $13.02B $11.62B $13.35B $12.76B $13.14B $11.10B $13.45B $12.22B $11.58B $9.67B $10.59B $14.43B $14.49B $11.61B $13.94B $12.82B $13.38B
Short Term Debt $30.45B $29.56B $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Tax Payables $2.27B $- $- $- $948.00M $- $- $- $2.98B $- $- $- $2.93B $- $- $- $3.21B $- $- $-
Deferred Revenue $- $- $- $1.47B $1.48B $36.14B $38.11B $39.10B $1.39B $1.43B $1.45B $7.53B $45.70B $63.18B $46.73B $46.96B $47.63B $42.23B $44.47B $42.46B
Other Current Liabilities $30.80B $31.95B $66.49B $64.42B $69.86B $35.58B $37.10B $37.23B $74.32B $75.11B $76.59B $71.04B $75.08B $37.09B $43.01B $45.59B $84.99B $45.53B $46.23B $47.94B
Total Current Liabilities $74.83B $75.74B $78.98B $78.91B $82.43B $85.07B $87.98B $89.47B $88.40B $89.99B $90.25B $90.14B $87.67B $110.86B $104.17B $107.04B $99.81B $101.70B $103.52B $103.78B
Long Term Debt $62.59B $61.56B $11.44B $13.96B $48.93B $9.35B $5.81B $11.55B $13.12B $10.31B $14.37B $14.77B $21.77B $22.04B $24.97B $24.54B $27.89B $33.10B $38.45B $35.87B
Deferred Revenue Non-Current $3.29B $4.58B $1.25B $1.23B $1.22B $4.77B $4.75B $4.74B $4.89B $5.13B $5.15B $5.13B $5.16B $5.15B $7.39B $7.45B $7.35B $7.36B $7.42B $7.61B
Deferred Tax Liabilities Non-Current $7.50B $7.39B $7.67B $7.79B $7.71B $7.41B $7.25B $7.18B $6.91B $6.21B $6.09B $5.33B $4.49B $4.39B $4.18B $4.07B $3.65B $4.01B $3.97B $4.18B
Other Non-Current Liabilities $23.17B $21.94B $81.62B $77.45B $38.84B $77.25B $76.37B $71.32B $71.95B $79.02B $74.44B $74.74B $77.22B $81.44B $91.44B $95.77B $95.80B $97.23B $93.93B $94.85B
Total Non-Current Liabilities $96.55B $95.47B $93.05B $91.41B $87.77B $86.59B $82.18B $82.87B $85.07B $89.33B $88.80B $89.51B $98.99B $103.48B $116.42B $120.31B $123.68B $130.33B $132.38B $130.72B
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $171.38B $171.21B $172.03B $170.32B $170.21B $171.67B $170.16B $172.33B $173.47B $179.32B $179.05B $179.65B $186.66B $214.34B $220.59B $227.34B $223.49B $232.03B $235.91B $234.50B
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $- $245.00M $242.00M $- $- $- $-
Common Stock $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B $3.07B
Retained Earnings $75.47B $79.69B $78.17B $80.74B $76.67B $74.19B $70.15B $72.01B $67.69B $63.62B $59.86B $60.80B $56.19B $58.87B $56.29B $52.01B $47.11B $43.27B $43.04B $46.93B
Accumulated Other Comprehensive Income Loss $- $- $2.69B $2.92B $2.57B $3.54B $3.37B $3.05B $2.93B $3.19B $2.61B $1.64B $968.00M $192.00M $-245.00M $-242.00M $10.51B $10.80B $11.31B $11.63B
Other Total Stockholders Equity $14.09B $7.18B $-5.40B $-2.68B $-2.26B $-1.50B $-643.00M $-30.00M $11.72B $11.72B $11.72B $11.72B $11.72B $11.54B $11.30B $11.30B $- $- $- $-
Total Stockholders Equity $92.62B $89.94B $90.24B $95.77B $91.77B $91.01B $87.66B $89.82B $85.42B $81.59B $77.26B $77.24B $71.95B $73.68B $70.66B $66.38B $60.69B $57.14B $57.42B $61.63B
Total Equity $93.63B $90.81B $91.14B $96.83B $92.82B $92.02B $88.67B $90.91B $86.54B $82.82B $78.41B $78.42B $73.17B $75.27B $72.14B $67.99B $62.25B $58.62B $58.86B $63.16B
Total Liabilities and Stockholders Equity $265.01B $262.02B $263.17B $267.15B $263.02B $263.69B $258.83B $263.24B $260.01B $262.13B $257.46B $258.07B $259.83B $289.62B $292.73B $295.34B $285.74B $290.65B $294.76B $297.66B
Minority Interest $1.00B $873.00M $895.00M $1.06B $1.04B $1.01B $1.02B $1.09B $1.12B $1.22B $1.15B $1.19B $1.22B $1.59B $1.48B $1.61B $1.56B $1.48B $1.44B $1.53B
Total Liabilities and Total Equity $265.01B $262.02B $263.17B $267.15B $263.02B $263.69B $258.83B $263.24B $260.01B $262.13B $257.46B $258.07B $259.83B $289.62B $292.73B $295.34B $285.74B $290.65B $294.76B $297.66B
Total Investments $14.85B $17.27B $72.28B $74.71B $74.19B $19.09B $18.62B $19.10B $15.93B $19.77B $18.54B $17.49B $16.06B $9.55B $12.16B $11.47B $7.57B $9.87B $9.45B $10.77B
Total Debt $93.04B $91.11B $110.92B $108.02B $108.64B $85.63B $84.11B $82.70B $84.41B $83.91B $84.88B $86.95B $93.85B $98.20B $109.15B $114.47B $114.76B $121.31B $126.72B $129.57B
Net Debt $78.53B $77.09B $98.07B $90.83B $92.68B $70.49B $68.69B $65.31B $66.73B $68.53B $70.56B $69.00B $70.73B $78.25B $82.97B $88.51B $91.71B $96.81B $104.77B $113.43B

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $14.15B $20.08B $20.30B $28.77B $6.34B
Depreciation and Amortization $6.77B $6.66B $6.52B $6.98B $8.96B
Deferred Income Tax $- $- $-241.00M $-434.00M $-84.00M
Stock Based Compensation $- $- $241.00M $434.00M $84.00M
Change in Working Capital $694.00M $-6.25B $-4.24B $3.18B $7.95B
Accounts Receivables $170.00M $-5.81B $-5.33B $4.00B $3.74B
Inventory $737.00M $-2.73B $-4.11B $-2.56B $2.04B
Accounts Payables $- $- $5.33B $1.57B $-299.00M
Other Working Capital $-213.00M $2.29B $-130.00M $167.00M $2.48B
Other Non Cash Items $-3.88B $-6.03B $-5.69B $-14.38B $-915.00M
Net Cash Provided by Operating Activities $17.73B $14.47B $16.89B $24.55B $22.33B
Investments in Property Plant and Equipment $-4.04B $-3.75B $-6.90B $-7.32B $-8.56B
Acquisitions Net $353.00M $278.00M $2.49B $-5.90B $-402.00M
Purchases of Investments $-6.79B $-4.71B $-2.62B $-5.69B $-3.79B
Sales Maturities of Investments $6.16B $5.02B $3.08B $5.02B $5.94B
Other Investing Activities $-4.44B $-4.16B $496.00M $7.67B $392.00M
Net Cash Used for Investing Activities $-8.75B $-7.32B $-3.45B $-6.23B $-6.42B
Debt Repayment $- $-697.00M $-13.52B $-18.66B $-9.50B
Common Stock Issued $- $- $- $36.00M $31.00M
Common Stock Repurchased $-4.92B $-1.94B $-48.00M $-48.00M $-30.00M
Dividends Paid $-5.49B $-5.56B $-5.35B $-1.44B $-963.00M
Other Financing Activities $-345.00M $-197.00M $-119.00M $1.05B $-282.00M
Net Cash Used Provided by Financing Activities $-10.75B $-8.39B $-19.03B $-19.06B $-10.75B
Effect of Forex Changes on Cash $311.00M $-471.00M $88.00M $870.00M $-999.00M
Net Change in Cash $-1.46B $-1.71B $-5.50B $134.00M $4.17B
Cash at End of Period $14.52B $15.97B $17.68B $23.18B $23.05B
Cash at Beginning of Period $15.97B $17.68B $23.18B $23.05B $18.88B
Operating Cash Flow $17.73B $14.47B $16.89B $24.55B $22.33B
Capital Expenditure $-8.66B $-8.21B $-6.90B $-7.32B $-8.56B
Free Cash Flow $9.07B $6.26B $9.99B $17.23B $13.77B

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $3.31B $2.65B $3.02B $2.97B $3.12B $4.98B $5.08B $5.57B $5.40B $5.17B $4.55B $5.19B $14.46B $3.54B $5.09B $5.68B $4.51B $3.03B $-1.74B $540.00M
Depreciation and Amortization $1.82B $1.65B $1.66B $1.64B $1.74B $1.64B $1.63B $1.65B $1.61B $1.69B $1.61B $1.61B $1.60B $1.71B $1.85B $1.82B $2.29B $2.22B $2.47B $1.98B
Deferred Income Tax $- $- $- $- $-256.00M $- $- $- $-241.00M $- $- $- $- $- $- $- $- $- $- $-
Stock Based Compensation $- $- $- $- $256.00M $- $- $- $241.00M $- $- $- $434.00M $- $- $- $84.00M $- $- $-
Change in Working Capital $484.00M $2.16B $-2.17B $223.00M $-1.58B $-887.00M $-2.00B $-1.79B $-2.35B $386.00M $-513.00M $-1.76B $-1.88B $3.32B $1.78B $-46.00M $-1.02B $2.24B $7.11B $-383.00M
Accounts Receivables $-130.00M $250.00M $750.00M $1.15B $-1.99B $-1.12B $-1.66B $-1.04B $-2.78B $-573.00M $-1.51B $-462.00M $-1.57B $3.59B $1.64B $340.00M $52.00M $-950.00M $- $2.14B
Inventory $3.33B $-89.00M $-624.00M $-1.88B $2.03B $-958.00M $-371.00M $-3.44B $2.07B $-1.97B $-1.92B $-2.29B $-70.00M $-210.00M $-206.00M $-2.08B $2.97B $126.00M $1.87B $-2.93B
Accounts Payables $- $- $- $- $- $1.12B $1.66B $1.04B $2.78B $1.17B $633.00M $1.98B $-731.00M $-574.00M $-141.00M $3.02B $- $- $- $-
Other Working Capital $-2.71B $2.00B $-2.30B $946.00M $-1.62B $71.00M $-1.63B $1.65B $-4.42B $1.75B $2.28B $534.00M $-1.81B $3.53B $1.99B $2.03B $-3.99B $2.11B $5.24B $2.55B
Other Non Cash Items $-39.00M $-1.56B $3.38B $3.73B $327.00M $-2.21B $-1.10B $-1.70B $-1.21B $-1.75B $-650.00M $-2.07B $-10.10B $-28.00M $-1.68B $-2.57B $-718.00M $797.00M $-366.00M $-628.00M
Net Cash Provided by Operating Activities $5.58B $4.90B $2.70B $4.56B $3.60B $3.52B $3.62B $3.73B $3.44B $5.49B $5.00B $2.97B $4.08B $8.55B $7.04B $4.88B $5.06B $8.28B $7.47B $1.51B
Investments in Property Plant and Equipment $-1.39B $-1.06B $-2.00B $-1.45B $-2.55B $-2.10B $-1.66B $-1.91B $-2.16B $-1.71B $-1.52B $-1.50B $-2.06B $-1.66B $-1.70B $-1.90B $-2.59B $-1.26B $-2.40B $-2.31B
Acquisitions Net $-100.00M $124.00M $246.00M $164.00M $169.00M $94.00M $-219.00M $342.00M $459.00M $643.00M $931.00M $455.00M $-6.30B $-275.00M $32.00M $639.00M $-79.00M $-336.00M $138.00M $-125.00M
Purchases of Investments $-3.39B $-1.80B $-726.00M $-869.00M $-137.00M $-490.00M $-1.16B $-2.92B $-1.64B $-538.00M $-147.00M $-299.00M $-2.55B $-1.74B $-568.00M $-837.00M $-807.00M $-1.79B $-583.00M $-609.00M
Sales Maturities of Investments $2.69B $1.92B $1.17B $388.00M $200.00M $364.00M $2.98B $1.47B $234.00M $1.05B $961.00M $838.00M $1.72B $1.32B $831.00M $1.15B $2.25B $1.28B $1.14B $1.27B
Other Investing Activities $-1.49B $-1.20B $68.00M $-48.00M $9.00M $100.00M $21.00M $75.00M $178.00M $137.00M $79.00M $102.00M $7.15B $258.00M $61.00M $205.00M $125.00M $138.00M $43.00M $86.00M
Net Cash Used for Investing Activities $-3.68B $-2.02B $-1.24B $-1.81B $-2.31B $-2.03B $-36.00M $-2.94B $-2.92B $-420.00M $299.00M $-409.00M $-2.04B $-2.09B $-1.35B $-747.00M $-1.10B $-1.97B $-1.66B $-1.69B
Debt Repayment $- $- $- $- $- $- $785.00M $-655.00M $- $-4.20B $-4.03B $-7.58B $-4.37B $-7.52B $-3.81B $-1.50B $-5.02B $-2.31B $352.00M $-2.53B
Common Stock Issued $- $- $- $- $- $- $- $- $-34.00M $- $- $- $- $- $36.00M $- $- $- $31.00M $-
Common Stock Repurchased $-513.00M $-1.25B $-2.79B $-370.00M $-763.00M $-468.00M $-624.00M $-86.00M $48.00M $- $- $-48.00M $-36.00M $- $- $-48.00M $- $- $- $-30.00M
Dividends Paid $- $- $-5.49B $- $- $- $-5.56B $- $- $- $-5.35B $- $- $- $-1.44B $- $- $-963.00M $- $-
Other Financing Activities $-1.41B $-185.00M $-3.04B $-1.20B $524.00M $-1.48B $-5.57B $-57.00M $2.37B $-3.00M $-5.53B $-19.00M $-74.00M $-8.00M $-1.65B $-112.00M $-27.00M $-1.01B $-168.00M $-39.00M
Net Cash Used Provided by Financing Activities $-1.92B $-1.43B $-5.83B $-1.57B $-239.00M $-1.95B $-5.40B $-798.00M $2.37B $-4.20B $-9.56B $-7.64B $-4.44B $-7.53B $-5.43B $-1.66B $-5.04B $-3.32B $215.00M $-2.60B
Effect of Forex Changes on Cash $504.00M $-279.00M $30.00M $56.00M $-220.00M $163.00M $-237.00M $-177.00M $-604.00M $194.00M $341.00M $157.00M $238.00M $241.00M $-41.00M $432.00M $-369.00M $-445.00M $-221.00M $36.00M
Net Change in Cash $484.00M $1.17B $-4.34B $1.23B $824.00M $-290.00M $-2.06B $-189.00M $2.29B $1.06B $-3.92B $-4.93B $-2.17B $-825.00M $224.00M $2.91B $-1.45B $2.55B $5.81B $-2.74B
Cash at End of Period $14.52B $14.03B $12.85B $17.19B $15.96B $15.14B $15.43B $17.49B $17.68B $15.39B $14.33B $18.25B $23.18B $25.36B $26.18B $25.96B $23.05B $24.50B $21.95B $16.14B
Cash at Beginning of Period $14.03B $12.86B $17.19B $15.96B $15.14B $15.43B $17.49B $17.68B $15.39B $14.33B $18.25B $23.18B $25.36B $26.18B $25.96B $23.05B $24.50B $21.95B $16.14B $18.88B
Operating Cash Flow $5.58B $4.90B $2.70B $4.56B $3.60B $3.52B $3.62B $3.73B $3.44B $5.49B $5.00B $2.97B $4.08B $8.55B $7.04B $4.88B $5.06B $8.28B $7.47B $1.51B
Capital Expenditure $-2.94B $-2.27B $-2.00B $-1.45B $-2.55B $-2.10B $-1.66B $-1.91B $-2.16B $-1.71B $-1.52B $-1.50B $-2.06B $-1.66B $-1.70B $-1.90B $-2.59B $-1.26B $-2.40B $-2.31B
Free Cash Flow $2.63B $2.62B $695.00M $3.12B $1.05B $1.43B $1.96B $1.82B $1.28B $3.77B $3.48B $1.46B $2.02B $6.89B $5.34B $2.98B $2.47B $7.02B $5.08B $-803.00M

Mercedes-Benz Group AG (MBGAF)

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories. It also provides financing and leasing packages for end-customers and dealers; automotive insurance brokerage and banking services; car subscription and car rental, and fleet management, as well as digital services for charging and payment; and mobility services. The company was formerly known as Daimler AG and changed its name to Mercedes-Benz Group AG in February 2022. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany.

Consumer Cyclical Auto - Manufacturers

$61.00

Stock Price

$58.74B

Market Cap

-

Employees

Stuttgart, None

Location

Revenue (FY 2024)

$145.59B

-5.0% YoY

Net Income (FY 2024)

$10.21B

-28.4% YoY

EPS (FY 2024)

$9.81

-27.1% YoY

Free Cash Flow (FY 2024)

$9.07B

45.0% YoY

Profitability

Gross Margin

18.6%

Net Margin

7.0%

ROE

11.0%

ROA

3.9%

Valuation

P/E Ratio

5.28

P/S Ratio

0.37

EV/EBITDA

9.27

Market Cap

$58.74B

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$17.73B

22.6% YoY

Free Cash Flow

$9.07B

45.0% YoY

Balance Sheet Summary

Total Assets

$265.01B

0.8% YoY

Total Debt

$93.04B

6.7% YoY

Shareholder Equity

$92.62B

2.7% YoY

Dividend Overview

$4.87

Latest Dividend

%

Dividend Yield

%

Payout Ratio

Recent Dividend History
Date Amount Type
2025-05-08 $4.87 May 08, 25
2024-05-09 $5.71 May 09, 24
2023-05-04 $5.76 May 04, 23
2022-05-02 $5.28 May 02, 22
2021-04-01 $1.58 April 01, 21
2020-07-09 $1.02 July 09, 20
2020-04-02 $0.90 April 02, 20
2019-05-23 $3.62 May 23, 19
2018-04-06 $4.47 April 06, 18
2017-03-30 $3.50 March 30, 17

Mercedes-Benz Group AG Dividends

Explore Mercedes-Benz Group AG's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

10.18%

Dividend Payout Ratio

53.75%

Dividend Paid & Capex Coverage Ratio

1.25x

Mercedes-Benz Group AG Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$4.86979 $4.86979 May 08, 2025 May 09, 2025 May 12, 2025
$5.7143 $5.7143 May 09, 2024 May 10, 2024 May 13, 2024
$5.756 $5.756 May 04, 2023 May 05, 2023 May 08, 2023
$5.275 $5.275 May 02, 2022 May 03, 2022 May 04, 2022
$1.584 $1.584 April 01, 2021 April 06, 2021 April 07, 2021 March 31, 2021
$1.02 $1.01642 July 09, 2020 July 10, 2020 July 13, 2020
$0.9 $0.9 April 02, 2020
$3.624 $3.62375 May 23, 2019 May 24, 2019 May 27, 2019
$4.468 $4.468 April 06, 2018 April 09, 2018 April 10, 2018
$3.499 $3.499 March 30, 2017 March 31, 2017 April 03, 2017
$3.705 $3.705 April 07, 2016
$2.637 $2.637 April 02, 2015
$3.117 $3.117 April 10, 2014
$2.25 $2.25 April 07, 2014
$2.2 $2.2 April 11, 2013
$2.2 $2.2 April 05, 2012
$1.85 $1.85 April 14, 2011
$0.6 $0.6 April 09, 2009
$3.1752 $3.1752 April 10, 2008
$2.002 $2.002 April 05, 2007

Mercedes-Benz Group AG News

Read the latest news about Mercedes-Benz Group AG, including recent articles, headlines, and updates.

Mercedes details plans for US production investments in Alabama

Mercedes-Benz plans to begin producing a new vehicle at its Tuscaloosa, Alabama, plant in 2027, the company said Thursday, the latest in a series of investments carmakers have announced following U.S. President Donald Trump's aggressive auto tariffs.

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Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs

Mercedes-Benz on Thursday said it will add a new vehicle to its plant in Alabama amid President Donald Trump's auto tariff. The German automaker said it will localize production of the "core segment" vehicle at its plant near Tuscaloosa by 2027.

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Mercedes, Volkswagen, Stellantis latest carmakers to scrap forecasts over Trump tariffs

Stellantis and Mercedes-Benz became the latest automakers on Wednesday to scrap their profit guidance citing market uncertainty wrought by tariffs.

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Trump's Tariffs Impact Earnings As Stellantis And Mercedes Pull Full-Year Guidance—Here Are The Firms Cutting Financial Forecasts

Stellantis and Mercedes announced on Wednesday they would withdraw their full-year financial guidance for 2025, becoming the latest companies to cut or pull earnings forecasts in recent weeks as they cite market uncertainty aggravated by President Donald Trump's tariffs.

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Tariff News: Chinese Exports Fall, What Stellantis, Mercedes, Volkswagen Say About Levies

An export drop is bad for China, and it adds to ominous warnings about the impact on tariffs on U.S. growth.

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Stellantis and Mercedes-Benz withdraw guidance as VW says it can't quantify tariff hit

Chrysler owner Stellantis and Mercedes-Benz withdrew their guidance for the year while Volkswagen said it was expecting profits at the low end of a previous range as automakers struggle to assess the impact of President Donald Trump's tariff policy.

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Mercedes-Benz Can't Offer Reliable Guidance Amid Market Turmoil

The German luxury-car maker said Wednesday that its previously announced guidance would remain unchanged without any further tariff impact.

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Mercedes reports less profitable cars segment in Q1 as tariffs bite

Mercedes-Benz on Wednesday reported lower profitability in its cars business in the first quarter and warned that tariffs could impact its full-year earnings, as trade tensions forced the luxury carmaker to scrap its outlook.

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Mercedes signs deal with Luminar to develop latest lidar sensors

Mercedes-Benz has signed a new agreement with Luminar Technologies to develop and integrate its latest lidar product, Luminar's CEO said, shifting from a supply deal for its currently available sensors.

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Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute

Mercedes-Benz CEO Ola Källenius said on Wednesday the German automaker was urging the European Union to find an "equitable solution" to create a level-playing field for China-made electric vehicles in Europe.

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Crisis And Opportunity In Auto Makers

The auto industry is in distress but not extreme distress; stable companies with low valuations like Toyota, Honda, and Li Auto are likely to outperform. Despite recent selloffs, markets remain richly priced; value investing may now have a chance to redeem itself, especially in distressed industries. Established automakers face declining margins and sales, while newer EV manufacturers see rising sales but flat or negative profits.

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Mercedes unveils new luxury limousine EV segment called 'Vision V'

German carmaker Mercedes-Benz unveiled on Tuesday a new all-electric luxury limousine segment it called "Vision V" which it said marked the expansion of the top end of its vans portfolio.

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Mercedes-Benz CEO on the impact of auto tariffs, unveiling the new CLA and U.S. production

CNBC's Phil LeBeau with Mercedes-Benz CEO Dimitris Psillakis, join 'Closing Bell' to discuss the impact of auto tariffs, unveiling of the new CLA and pricing.

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Mercedes-Benz Announces Leadership Transition: Adam Chamberlain to Succeed Dimitris Psillakis as CEO of Mercedes-Benz USA

ATLANTA--(BUSINESS WIRE)--Mercedes-Benz is announcing a leadership transition in its North American operations. Effective July 1, Adam Chamberlain will become CEO of Mercedes-Benz USA (MBUSA) as well as Head of Marketing and Sales, Mercedes-Benz Cars North America. He will succeed Dimitris Psillakis, who will transition into the role of Senior Strategic Adviser. “We're excited to welcome Adam back to Mercedes-Benz. Adam is a proven executive with over 30 years of global automotive experience in.

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Semiconductor Firm Valens 'Dominates' Pro-AV, Scores Wins With Mercedes And Mobileye: Analyst

Needham analyst Quinn Bolton initiated coverage on Valens Semiconductor VLN with a Buy rating and a price target of $4 Friday. The stock gained after the report.

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Mercedes to discontinue Citan and T-class models, Automobilwoche reports

Mercedes-Benz will end production of its Citan and T-class models, the Automobilwoche news outlet reported on Friday citing a document informing dealers about the decision.

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Mercedes-Benz Q1 deliveries fall 7% on weaker demand in China, Europe

German carmaker Mercedes-Benz said on Monday its first-quarter unit sales of cars and vans fell 7%, hit by declining demand in China and Europe.

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Mercedes-Benz USA Reports Year-Over-Year Passenger Car Sales Growth for Q1 2025

ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported Q1 2025 group* sales of 67,400 Passenger Cars. Additionally, Mercedes-Benz Vans reported Q1 2025 group sales of 7,700 units, bringing MBUSA to a total of 75,100 vehicles for the first quarter of the year. “I am proud to see our teams and valued dealer partners continue to work together with an unwavering focus on the core of our business - our valued customers. We closed Q1 in a very strong position for wholesale group sales and.

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Price hikes, layoffs and import fees: How car giants are reacting to Trump's tariffs

Auto giants have responded to U.S. President Donald Trump's tariffs by announcing plans to raise prices, impose import fees, pause production and even layoff staff. As part of plans designed to shift production to U.S. factories and bolster American jobs, the Trump administration introduced 25% tariffs on foreign auto imports on Thursday.

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Auto tariff to cost US consumers more than $30 bln in first year, report shows

U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Anderson Economic Group said in a report on Thursday.

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Trump: Will impose 25% tariff on foreign-made autos at midnight

President Trump confirmed his administration will impose 25% tariffs on auto imports starting Thursday at midnight.

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Mercedes-Benz may pull entry-level models from US amid Trump tariff threat - Bloomberg

Mercedes-Benz is weighing whether to withdraw some of its cheapest cars from the US market, including the GLA SUV, as it braces for a potential hit from President Donald Trump's proposed 25% auto tariffs, Bloomberg reported. The German carmaker has not made a final decision but is reviewing contingency plans, sources told the outlet.

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Mercedes Considers Pulling Least-Expensive Cars From US

Mercedes-Benz is considering withdrawing its least expensive cars from the US because President Donald Trump's auto tariffs would likely make their sales economically unfeasible, according to people familiar with the matter. Kailey Leinz reports.

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Mercedes mulls pulling US entry-level cars over Trump tariffs, Bloomberg News reports

Mercedes-Benz Group is considering withdrawing its least expensive cars from the U.S. as President Donald Trump's auto tariffs would potentially harm their sales, Bloomberg News reported on Tuesday, citing sources.

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Car makers settle competition law case with UK's antitrust regulator

Ten car manufacturers, including BMW and Ford , and two trade bodies have reached a settlement with the UK's competition regulator to pay 77.7 million pounds ($100.43 million) in a fine after admitting to breaking competition law in relation to vehicle recycling, Competition and Markets Authority said on Tuesday.

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EU Fines Car Companies $495.3 Million in Vehicle Recycling Probe

The commission said that 16 major car manufacturers and the ACEA entered into what it called anticompetitive agreements for almost 15 years.

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EU issues 458 million euro fine to car manufacturers over vehicle recycling cartel

The European Commission issued on Tuesday a fine amounting to about 458 million euros ($494.64 million) to 15 major car manufacturers and the European Automobiles Manufacturers' Association for participating in a cartel regarding end-of-life vehicle recycling.

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Mercedes-Benz reportedly stockpiling cars in the US ahead of Trump tariffs

Mercedes-Benz is ramping up its US inventory to get ahead of a 25% tariff on imported vehicles set to take effect from April 3, according to Reuters, citing analyst notes from a recent investor call. Executives told analysts the company is building stock both at dealerships and at the wholesale level in anticipation of the added costs.

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Mercedes-Benz stocking inventory in US ahead of tariffs, analyst note says

Mercedes-Benz is building up inventory levels in the U.S. at the wholesale level and at dealer lots to get ahead of tariffs due to be collected from April 3, executives told analysts on a call on Monday, according to notes by analysts.

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Trump Pushes Harder For Americans To Buy Fords And US Brands

For a few hours, it looked like Donald Trump had told car makers not to raise prices for buyers due to the new 25% tariffs on imported cars and parts. This would squeeze margins particularly hard on brands like Mercedes and BMW. The president either changed his mind, or the price cap was never a policy. Trump told NBC he did not care about car price increases at all. This will favor American manufacturers that may not have to raise prices. Now that the president has said he “couldn’t care less about the price increases by car manufacturers that mostly make cars and parts outside the US,” companies like Mercedes need to raise prices or could lose money on every car they sell. Trump believes that US cars will be more attractive because they can keep prices as they are and still make money. Ford (NYSE:F) is the best case in point. Eighty percent of its cars and the parts used to build them are made in the US. The same is not true of companies like GM (NYSE: GM) and Stellantis (NYSE: STLA), which make Jeep, Ram, and Dodge vehicles. CBS estimates that some RAM trucks need increased prices from $80,000 to $100,000 to hold margins. The president’s point is probably accurate. Buyers will gravitate to car models that do not have higher prices or on which price hikes are modest. Models like the RAM will become extremely hard to sell. The same is true with many Mercedes and BMWs. The news also benefits Ford’s shareholders. The news about tariffs drove its stock down 5%. It probably shouldn’t have Trump added a message for car companies when he talked to NBC. “The message is congratulations: if you make your car in the United States, you will make a lot of money. If you don’t, you’ll probably have to come to the United States because if you make your car there, there is no tariff.” The post Trump Pushes Harder For Americans To Buy Fords And US Brands appeared first on 24/7 Wall St..

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