Mercedes-Benz Group AG Stock
€49.35
Your prediction
Description Mercedes-Benz
Mercedes-Benz is a world-renowned German automobile manufacturer that produces luxury vehicles, commercial vehicles, trucks, and buses. The company currently holds the symbol DAI and is listed on numerous stock exchanges worldwide, including the Frankfurt Stock Exchange, where it is a part of the DAX index.
The company was founded in 1926 as a result of a merger between Daimler Motoren Gesellschaft and Benz Cie, two of the leading automobile manufacturers at the time. Mercedes-Benz has a global presence, with production facilities and offices in Europe, the Americas, Asia, and Africa. The company employs over 170,000 people and is a subsidiary of the larger Daimler AG Group.
Mercedes-Benz has a reputation for producing high-quality and reliable vehicles, and its product range includes sedans, coupes, convertibles, SUVs, and sports cars. The company has used its engineering expertise to develop innovative technologies, such as advanced safety systems and electric drivetrains.
In terms of financial performance, Mercedes-Benz has consistently reported strong earnings and revenue growth, with a market capitalization of over €71 billion as of July 2021. The company's success has been attributed to its strong brand recognition, product quality, and global market presence. Overall, Mercedes-Benz is considered a leading player in the automotive industry and an attractive investment opportunity for those looking to invest in automobile stocks.
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Competitors of Mercedes-Benz
2. Volkswagen AG (Symbol VOW3)
3. General Motors Company (Symbol GM)
4. Ford Motor Company (Symbol F)
5. Toyota Motor Corporation (Symbol TM)
Financial data and news for Mercedes-Benz
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Financials
News
Mercedes-Benz Stock: US Tariff Relief Hopes Boost Shares
Mercedes-Benz shares experienced a notable uptick as reports emerged of intensive negotiations between German automakers and the US government regarding potential import tariff reductions. The
Mercedes-Benz Stock: US-China Tariff Deal Causes Market Flutter
The recent thaw in US-China trade relations has created significant ripples for Mercedes-Benz in the financial markets. Following negotiations in Geneva, both nations agreed to drastically reduce
Mercedes-Benz Stock: Challenges Chinese Tariffs, Advocates Open Markets
Mercedes-Benz has taken a strong stance against rising trade barriers at the recent China Development Forum in Beijing, with CEO Ola Källenius emphasizing that open markets remain the formula for
Mercedes-Benz Stock: Earnings Drop Amid EV Price Adjustments
Mercedes-Benz Group is experiencing significant market challenges, reflected in its recent stock performance and financial results. The company's shares currently trade at €57.47, considerably below
Mercedes-Benz Stock: US Tariffs Threaten Mexican Production Operations
Mercedes-Benz Group faces significant market pressure as newly announced US tariffs cast shadows over its manufacturing strategy. The proposed 25% import duties on Mexican goods pose a particular