Is Mercedes-Benz profitable?
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. Mercedes-Benz sales declined 12% in Q3 to 525,300 vehicles, primarily due to U. S. China, while Germany and other regions showed stronger performance.Generally, Mercedes-Benz vehicles tend to be slightly more expensive than their BMW counterparts. However, the cost can vary significantly based on the model and additional features. In addition to the purchase price, potential owners should evaluate expenses such as insurance, maintenance, and fuel efficiency.
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. Average salary is ₹18. Employees at Mercedes Benz in Bangalore earn an average of ₹18.
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. 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.According to our data, Mercedes-Benz Group AG has a market capitalization of €73b, and paid its CEO total annual compensation worth €6. December 2023.