Are Mercedes-Benz in trouble?
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. The luxury automakers Mercedes-Benz and Porsche slashed their forecasts for earnings this year as the double whammy of President Trump’s tariffs and slowing demand in China hit the German companies hard.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.Mercedes-Benz posts 12% Q3 car sales decline amid market and tariff pressures. Mercedes-Benz Cars reported third quarter (Q3) sales of 441,500 vehicles, down 3% from the previous quarter and 12% from the same period in 2024.Falling prices and profits Other automakers are cutting prices in China to stay alive, putting pressure on profit margins of foreign and Chinese brands even as most lose share. In the third quarter, Mercedes unit sales declined 12% worldwide, on the heels of declines in China (27%) and the U. S.
Who is Mercedes owned by?
Mercedes-Benz Corporation has been a division of a larger German automobile manufacturer, Daimler AG—but as of February 1, 2022, Daimler AG is now officially known as Mercedes-Benz AG! 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.Hyundai Motor Group (South Korea) owns Genesis, Hyundai, and Kia. Mazda Motor Corp. Japan) owns Mazda. Mercedes-Benz Group (Germany) owns Mercedes-Benz.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.
Is Mercedes-Benz in debt?
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. Mercedes-Benz Group has a consensus rating of Moderate Buy, which is based on 4 buy ratings, 7 hold ratings and 0 sell ratings. The average share price target for Mercedes-Benz Group is 59. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.The average Mercedes-Benz Group salary ranges from approximately ₹ 7,62,109 per year for Management Trainee to ₹ 23,30,007 per year for Senior Software Engineer. Salary estimated from 64 past and present job postings on Indeed.