Is Mercedes-Benz profitable?
The German luxury carmaker reported on Wednesday a 43% year-on-year decline in first-quarter net profit to €1. Revenue fell 7. Operating profit dropped nearly 41% to €2. Mercedes-Benz Group has reported revenue of €145. Net profit for the year 2024 also saw a decline, reaching €10.Mercedes-Benz Group has reported revenue of €145. Net profit for the year 2024 also saw a decline, reaching €10.Mercedes’ earnings before interest and taxes dropped 41% year-on-year to €2. Wednesday. Net profit plummeted 43% to €1. In Mercedes’ car division, the adjusted operating margin fell 1.After a 30% slump in earnings in 2024, and 40% in its cars division, this year will see earnings fall even further, Mercedes-Benz said, expecting a rate of return in its car division of just 6-8%.Mercedes-Benz has issued a warning that its profits will be significantly lower in 2025 due to ongoing economic challenges and potential trade barriers. The German automaker announced a new cost-cutting program to address these financial difficulties.
What is the sales of Mercedes-Benz in 2025?
Mercedes-Benz retailed 18,928 cars in India in FY2025, recording a 4 percent year-on-year (YoY) growth over the year-ago period. The company said this was also its highest-ever sales in a financial year. China is Mercedes-Benz Cars’ largest market in terms of unit sales, surpassing Europe, which was the brand’s leading regional market in 2020. In 2024, China accounted for over a third of all new car sales, when some 683,600 Mercedes-Benz cars were sold.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.November 21, 2023 – Mercedes-Benz has further expanded its leading position as the most valuable luxury automobile brand in the world in the current “Best Global Brands 2023” ranking. After five years in a row at number eight, the star now shines as the seventh most important brand in the world.The top 5 popular Mercedes-Benz models and their prices are the C-Class (₹59. Lakh), GLS (₹1. Cr), E-Class (₹78. Lakh), S-Class (₹1. Cr), Maybach GLS (₹3. Cr). Explore the complete price list of all Mercedes-Benz models as of May 2025 below.
What is the financial forecast for Mercedes-Benz?
Taking into account the latest results, Mercedes-Benz Group’s 19 analysts currently expect revenues in 2025 to be €143. Statutory earnings per share are expected to descend 19% to €8. Total debt on the balance sheet as of December 2024 : $88. Billion USD. According to BMW’s latest financial reports the company’s total debt is $88. Billion USD. A company’s total debt is the sum of all current and non-current debts.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.BMW long term debt for the quarter ending December 31, 2024 was $72. B, a 26. BMW long term debt for 2024 was $72. B, a 26. BMW long term debt for 2023 was $57. B, a 1. BMW long term debt for 2022 was $56. B, a 23.
Who is the current owner of Mercedes-Benz?
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? It is the Daimler AG company that owns this corporation now, making it the parent company of Mercedes-Benz. As of now, Mercedes-Benz is owned by Mercedes-Benz Group AG, a company formerly known as Daimler AG.The Mercedes-Benz Corporation is part of Daimler AG, also known as the Daimler Group. Although Mercedes-Benz is their most well-known subsidiary, Daimler currently manufactures a wide range of high-quality cars, buses, motorcycles. From 1926 to 1998, they were known as “Daimler-Benz AG”.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 India is a wholly owned subsidiary of the Daimler AG. The company is headquartered in Chakan, Pune, Maharashtra. In 2022, Daimler split into two separate entities, one focusing on passenger vehicles under the newly formed Mercedes-Benz Group moniker and the other on commercial vehicles as Daimler Trucks.Mercedes-Benz Group AG is experiencing a downturn in China, its largest market, with sales declining by 10 per cent in the first quarter of 2025 due to intense competition and price wars.
What is BMW profit in 2024?
BMW’s financial performance in 2024 (Jan-Dec) experienced a downturn, with net profit decreasing by 36. Chinese market. The German luxury carmaker reported on Wednesday a 43% year-on-year decline in first-quarter net profit to €1. Revenue fell 7. Operating profit dropped nearly 41% to €2.Toyota gross profit for the twelve months ending December 31, 2024 was $48. B, a 14. Toyota annual gross profit for 2025 was $63. B, a 2.