What is the financial results of Mercedes-Benz in 2024?
In 2024, Mercedes-Benz Mobility´s total portfolio amounted to €138. Mercedes-Benz’s revenue fell short of expectations in the second quarter of 2024. The German luxury carmaker anticipates continued weak demand and has adjusted its margins guidance downward.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.Therefore, Mercedes-Benz’s luxury positioning and its costly long-term maintenance fees are parts of its weaknesses in attracting a larger group of consumers in the EV market. Mercedes-Benz underwent several large-scale recalls in its history due to emission scandals and fire risks in its EV model EQS and EQC.
What is the profit margin for Mercedes in 2024?
Mercedes-benz cars profit margin down 4. The mercedes-benz cars division’s profit (ebit before interest and taxes) fell dramatically in 2024 by 40. Mercedes-benz cars division. Mercedes-benz group ag annual net income for 2024 was $11. B, a 28. Mercedes-benz group ag annual net income for 2023 was $15. B, a 1. Mercedes-benz group ag annual net income for 2022 was $15. B, a 43.Stuttgart (Germany) – Mercedes-Benz Group AG (ticker symbol: MBG) achieved solid first-quarter results in anongoing dynamic market environment. Revenue reached €33. Q1 2024: €35. Group earnings before interest and taxes (EBIT) came in at €2.
What is the salary of the CEO of Mercedes-Benz?
Ola Källenius (CEO – Mercedes-Benz – Germany) earns a salary of ₹1,31,37,37,040. Highest reported salary offered at Mercedes Benz in Bangalore is ₹74. The top 10% of employees earn more than ₹32.
How much will Mercedes-Benz earnings drop in 2024?
Mercedes-Benz Group has reported revenue of €145. Total debt on the balance sheet as of June 2025 : £75. Billion. According to Mercedes-Benz’s latest financial reports the company’s total debt is £75. Billion. A company’s total debt is the sum of all current and non-current debts.