Does Mercedes make a profit?
Mercedes-Benz said in an earnings update on Wednesday that its net profit had plummeted from €6. It added that, in the second quarter alone, net profit dropped by an even greater 69%, while revenue was down 10% year-on-year. The annual results published this Thursday morning reveal a sharp decline for Mercedes-Benz in 2024, impacted by the drop in sales of electric vehicles, the stagnation of the Chinese market and the turbulence in the European automotive industry.
Can you buy Mercedes-Benz stock?
Yes, it is possible to buy one share of MBGYY stock. The financial health and growth prospects of MBGYY, demonstrate its potential to outperform the market. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Is Mercedes owned by Tata?
It’s one of those things that seem to pop up every now and then. But, here’s the scoop: as of April 2025, Tata Motors does not own Mercedes-Benz. Mercedes-Benz remains an independent luxury car brand under its parent company, Daimler AG, now rebranded as Mercedes-Benz Group. Mercedes-Benz, which is best known for its luxury vehicles, is a subsidiary of Daimler AG. Freightliner, Thomas Built Buses, Detroit Diesel, and Smart Automobile are also part of Daimler.
Is it worth buying a 7 year old Mercedes?
Depreciation. Due to the faster depreciation rate of luxury cars, buying a used Mercedes can be more attractive than you think. The value of a Mercedes will see the biggest hit within the first 5 years of its life, this makes the initial purchase price less of a concern if you are looking at a vehicle 5+ years old. With proper maintenance and care, many Mercedes-Benz vehicles can last 15 to 20 years or more. The key is to adhere to regular maintenance schedules, drive responsibly, and use high-quality parts for repairs.With an owner who follows the Mercedes-Benz service schedule and drives around 15,000 miles per year, a total lifespan of 13 to 17 years is far from unlikely. Most drivers can expect to see between 200,000 and 250,000 miles on the odometer when they decide to bring their vehicle in for retirement.That being said, some recent studies show that BMW models can last up to 200,000 to 250,000 miles, with an average lifespan of at least 15 years. On the other hand, Mercedes-Benz vehicles tend to last up to 150,000 to 200,000 miles with an average lifespan of over 10 years.Mercedes-Benz vehicles are renowned for their durability, performance, and engineering excellence. With proper care, these cars can easily reach 200,000 miles or more, often translating into 15 to 20 years of reliable service.
Which is better, a BMW or Mercedes?
If you value comfort, Mercedes is a top pick in the luxury car scene. But if you’re looking for a thrilling driving experience, BMW is the way to go. BMWs also have better reliability and safety. Deciding between Mercedes-Benz and Toyota depends on your priorities. Mercedes offers luxury and advanced tech at a higher cost. Toyota provides reliability and value for money. Your choice should align with your budget and what you value in a vehicle.BMW calls itself “The Ultimate Driving Machine. They focus on great performance and handling. Their cars are sporty, making driving fun for those who love the road. Mercedes, on the other hand, is all about comfort, tech, and luxury. Both brands have a strong racing history.Audi is a better automaker for those who want to save some money without compromising on features, safety or performance. Audi is highly competitive in the luxury small car and luxury electric SUV classes. Mercedes sets the bar high when it comes to interior luxury.For buyers prioritizing luxury and performance in an electrified package, Mercedes-Benz delivers a more polished, high-end experience. Lexus remains a strong choice for variety and dependability.Final Verdict. If you prioritise a dynamic driving experience, performance and a sporty image, BMW is the way to go. The brand’s M-Performance models offer exhilarating performance and cutting-edge technology. If you value luxury, comfort and a refined driving experience, Mercedes-Benz is the better choice.