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.
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’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.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.
Who owns Mercedes?
Mercedes-Benz is owned by the German company Daimler AG, an automaker who produces a wide variety of upscale, luxurious vehicles such as buses, motorcycles, and cars. The two companies would merge in 1924 after creating the Mercedes-Benz brand. This new company would be called Daimler Benz AG, now known as Daimler AG. So, who owns Mercedes-Benz today? Daimler AG now owns this corporation, making it the parent company of Mercedes-Benz.Mercedes-Benz AG, a subsidiary of the Mercedes-Benz Group (formerly Daimler AG), designs and manufactures Mercedes engines. The corporation has produced automotive components since 1926 under various names, maintaining headquarters in Stuttgart while operating global production facilities.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.Which Automaker Owns Mercedes-Benz? Formerly a division of Daimler AG, Mercedes-Benz is now independent. From 1998 to 2007, it was yoked with Chrysler under then-merged DaimlerChrysler. In 2007, it was renamed Daimler AG, and in February 2022, Daimler AG became the Mercedes-Benz Group.
Is Mercedes owned by Tata?
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. So, who tops the list as the richest car company in India? As of 2025, Tata Motors holds the crown. Known for their wide range of vehicles—from the ultra-compact Tata Nano to luxurious vehicles under Jaguar and Land Rover—Tata Motors isn’t just a household name; it’s a symbol of Indian excellence in engineering.