How profitable is Mercedes-Benz?
In the fiscal year of 2024, the Mercedes-Benz Group recorded a net profit of 10. The Mercedes-Benz Group is a German multinational automotive corporation formerly named Daimler AG, which split from Daimler Truck in December 2021. 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 (German pronunciation: [mɛʁˌtseːdəs ˈbɛnts, -dɛs -]), commonly referred to simply as Mercedes and occasionally as Benz, is a German automotive brand that was founded in 1926. Mercedes-Benz AG (a subsidiary of the Mercedes-Benz Group, established in 2019) is based in Stuttgart, Baden-Württemberg, Germany.Mercedes-Benz is owned by Daimler AG, a German auto group with a reputation for building and backing some of the most luxurious vehicles manufactured today. Of course, now that you’ve seen who owns Mercedes-Benz, you’re bound to have more questions on your mind!So, who owns Mercedes-Benz today? It is the Daimler AG company that owns this corporation now, making it the parent company of Mercedes-Benz.Mercedes-Benz Group’s top competitors include Ferrari Group, Porsche, and Volvo Cars. Ferrari Group specializes in shipping, integrated logistics, and services for jewelry and precious goods within the luxury sector.
How much does Mercedes make every year?
According to Mercedes-Benz’s latest financial reports the company’s current revenue (TTM ) is £114. Billion. In 2024 the company made a revenue of £124. Billion a decrease over the revenue in the year 2023 that were of £130. Billion. According to Ferrari’s latest financial reports the company’s current revenue (TTM ) is $7. Billion USD. In 2024 the company made a revenue of $7. Billion USD an increase over the revenue in the year 2023 that were of $6. Billion USD.Credit: Anders Nilsson – Sthlm/Shutterstock. Mercedes-Benz Group has reported revenue of €145. Net profit for the year 2024 also saw a decline, reaching €10.According to Mercedes-Benz’s latest financial reports the company’s current revenue (TTM ) is $153. Billion USD. In 2024 the company made a revenue of $156. Billion USD a decrease over the revenue in the year 2023 that were of $166. Billion USD.
What is the budget of Mercedes?
Mercedes-Benz car prices in India range from ₹46. Lakh to ₹4. Cr (Ex-showroom). The top 5 popular Mercedes-Benz models and their prices are the C-Class (₹59. Lakh), GLS (₹1. Cr), S-Class (₹1. Cr), E-Class (₹78. Lakh), Maybach GLS (₹3. Cr). Audi and Mercedes-Benz are two of the most highly regarded German luxury brands in the world. Both carmakers have a stellar reputation for providing a high level of comfort and exceptional performance. Both car brands can surround you with high-quality materials and an abundance of advanced technology.If you prioritize luxury and comfort, Mercedes-Benz might be the better choice for you. If you’re looking for a more engaging, performance-oriented driving experience, BMW could be the way to go.While the C-Class and GLE consistently rank among the most popular Mercedes-Benz models, other vehicles also deserve recognition. The Mercedes-Benz E-Class, known for its spaciousness and advanced technology, continues to attract drivers seeking a blend of luxury and practicality.While both BMW and Mercedes-Benz prioritise safety and reliability, Mercedes-Benz often leads the way with advanced safety features and a strong reputation for durability.Once again, the new E-Class LWB has emerged as the brand’s bestselling model, as well as India’s bestselling luxury car. Mercedes claims its Top-End Vehicles (TEVs are cars costing over Rs 1. AMG G 63, Maybach Night Series and the new electric G-Class.
How much does Mercedes make per day?
Mercedes-Benz, a luxury car company founded in 1926, makes an average $339 profit every second. This amounts to an average $20,310 every minute, $1,218,656 every hour and $29,247,743 every 24 hours, according to Staveley Head, a U. K. BMW finishes ahead of Mercedes-Benz, Lexus and Audi in the battle for the 2023 luxury crown in the United States. In a recent report, it was revealed that the Munich-based company achieved an impressive sales record by selling 362,244 units of its core brand in the U. S.Mercedes-Benz just dethroned BMW as the king of luxury cars in America. The results are in. Mercedes-Benz is now the top selling luxury car brand in the US. Mercedes took the top spot selling 340,237 vehicles in the US in 2016.The average Mercedes-Benz buyer is 54, which is five years older than both BMW and Audi buyers. More than 40 percent of Millennial buyers reported they would consider an Audi or BMW for their next car, while only 28 percent would consider a Mercedes-Benz.The year 2024 has been a difficult year for Mercedes-Benz. Between the slowdown in demand for electric vehicles, the stagnation of the Chinese market, the crisis in the luxury sector and the difficulties of the German industry as a whole, the car manufacturer is showing a sharp decline in annual results.Mercedes-Benz and BMW have been rivals for more than 100 years. Mercedes finished 2017 with car sales of 375,311 – just ahead of BMW’s sales of 352,790 – making it the best-selling luxury/premium brand for the second year in a row. In May of 2018, Mercedes’ brand value surpassed that of its rival.
Is Mercedes in debt?
Total debt on the balance sheet as of March 2025 : £69. Billion. According to Mercedes-Benz’s latest financial reports the company’s total debt is £69. Billion. A company’s total debt is the sum of all current and non-current debts. According to Mercedes-Benz’s latest financial reports the company’s current revenue (TTM ) is $153. Billion USD. In 2024 the company made a revenue of $156. Billion USD a decrease over the revenue in the year 2023 that were of $166. Billion USD.Net assets on the balance sheet as of March 2025 : ₹8. Trillion. According to Mercedes-Benz’s latest financial reports the company has ₹8. Trillion in net assets. A company’s net assets is the sum of its assets minus the sum of its liabilities.