Business News

  • Stuttgart, Nov 30, 2022 - The Mercedes-Benz Group AG has appointed Dr Jürgen Gleichauf as its Human Rights Officer. He assumes the newly created role in addition to his function as the company's Chief Compliance Officer.
  • Stuttgart, Nov 25, 2022 - Mercedes-Benz International Finance B.V. successfully issued its first Green Panda Bond on November 24, 2022 with a size of RMB 500 million (approx. EUR 68 million), a term of two years and a coupon rate of 2.9% in the Chinese Interbank Bond Market.
  • Stuttgart, Nov 24, 2022 - Houses made of mushrooms and textiles grown organically? The third episode of "Future Dimensions" focuses on how we can harness the power of innovative materials to change the way we deal with our resources.
  • Stuttgart (Germany), Nov 16, 2022 - Based on the recommendation of the Audit Committee and on basis of their own evaluation, the Supervisory Board of Mercedes-Benz Group AG (ticker symbol: MBG) resolved to propose to the 2023 Annual Shareholders' Meeting to appoint PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft as the auditor for the fiscal year 2024.
  • Stuttgart, Oct 27, 2022 - With the all-new audio format "Future Dimensions", Mercedes-Benz is taking its successful "Let's Talk Mercedes" podcast series into the future. Its first season of four episodes spotlights bold visions of the future that will move companies and society in the decades to come. Today the first episode goes online, which deals with the question of whether luxury can be sustainable.
  • Stuttgart, Oct 26, 2022 - Mercedes-Benz Group AG (ticker symbol: MBG) delivered solid financial results in the third quarter of 2022 as robust demand and healthy pricing for cars and vans, as well as cost discipline, helped to lift Earnings Before Interest and Taxes (EBIT) by 83% to €5.2 billion (Q3 2021: €2.8 billion). Group revenue increased by 19% to €37.7 billion (Q3 2021: €31.6 billion).
  • Stuttgart/Vancouver, Oct 20, 2022 - Mercedes-Benz AG finalised a supply agreement with Canadian-German-start-up Rock Tech Lithium Inc. to secure high-quality lithium used in battery production as part of a direct sourcing approach. Starting in 2026, including a qualification period, this allows the Stuttgart-based luxury carmaker to get its battery partners supplied with raw material to rapidly scale up its production of fully electric vehicles.
  • Stuttgart (Germany), Oct 13, 2022 - Mercedes-Benz Group AG (ticker symbol: MBG) successfully transformed its existing €11 billion Revolving Credit Facility (RCF) into a Sustainability-Linked Loan (SLL).
  • Stuttgart (Germany)/Redmond, Wash, Oct 12, 2022 - Mercedes-Benz AG and Microsoft Corp. collaborate to make vehicle production more efficient, resilient and sustainable. With the new MO360 Data Platform, Mercedes-Benz is connecting its around 30 passenger car plants worldwide to the Microsoft Cloud, enhancing transparency and predictability across its digital production and supply chain.
  • Stuttgart, Germany, Oct 11, 2022 - In the first nine months of the year, Mercedes-Benz Vans increased sales of eVans by one third compared to the year-earlier period (Q1 to Q3 2021) and thus once again underscores its claim to leadership in the field of electric mobility.
  • Stuttgart, Oct 11, 2022 - Mercedes-Benz Passenger Cars deliveries reached 517,800 units (+21%) in the July to September period, the strongest sales quarter in 2022 so far even as production and sales continue to be affected by semiconductor shortages and disrupted supply chains.
  • Berlin, Sep 23, 2022 - Mercedes-Benz AG opened its Mercedes-Benz Digital Factory Campus (MBDFC) marking the transformation of its Berlin-Marienfelde site into a centre for digitalization in automotive production.
  • Stuttgart, Sep 20, 2022 - International production start of the new GLC at three locations: the successful midsize SUV is now rolling off the production line at the Mercedes-Benz plants in Bremen and Sindelfingen. The start of production at the Beijing plant (China) is also planned for this year.
  • Papenburg, Sep 19, 2022 - Mercedes-Benz plans to build a wind farm at its test track in Papenburg, northern Germany, with an output of more than 100 MW to cover more than 15 percent of the annual electricity demand of Mercedes-Benz Group AG in Germany.
  • Stuttgart, Germany, Sep 8, 2022 - Mercedes Benz Vans is adapting its European production setup as part of its strategy to attain leadership in electric mobility and to phase out fossil fuels. Mercedes-Benz Vans is already electrifying all of its model lines and offers all models in the mid-sized and large van segments with an electric drive.
  • Tuscaloosa, Alabama, Aug 25, 2022 - Mercedes-Benz is exclusively producing the all-electric EQS SUV at its North American passenger vehicle plant. These vehicles rolling off the line is a key step in Mercedes-Benz Cars’ global initiative to produce eight all-electric vehicles at seven sites on three continents this year.
  • Toronto, Canada, Aug 23, 2022 - On Tuesday, Mercedes-Benz Group AG and the Government of Canada signed a Memorandum of Understanding (MoU) to explore deeper cooperation across all stages of the automotive value chain – from technical development and the extraction of raw materials, to production, service life and recycling.
  • Stuttgart (Germany), Aug 12, 2022 - Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules on its path to an all-electric future. The new CATL plant in Debrecen, Hungary will supply battery cells for European production sites in Germany and Hungary.
  • Stuttgart, Aug 4, 2022 - The global trade in counterfeit Mercedes-Benz products continues to increase. In 2021 alone, more than 1.86 million counterfeit products were seized in over 650 raids. This is a significant increase of around six per cent compared to the previous year, 2020.
  • Stuttgart, Jul 27, 2022 - Mercedes-Benz Group AG (ticker symbol: MBG) achieved strong second-quarter financial results, thanks to sustained demand for luxury vehicles and premium vans, a good model mix, enhanced pricing power and ongoing cost discipline.
  • Stuttgart, Jul 11, 2022 - Mercedes-Benz deliveries of passenger cars reached 490,000 units (-16%) between April and June as COVID-19 lockdown measures and a shortage of semiconductor components constrained supplies. Customer demand remained strong across all regions and segments, particularly for Top-End Luxury and electric vehicles.
  • Stuttgart, Jul 7, 2022 - Electrification and digitalisation are fundamentally changing the world of work. The transformation will lead to further development of all job profiles at Mercedes-Benz.
  • Stuttgart, Jun 29, 2022 - Mercedes-Benz is aligning its global production network to manufacture its reshaped product portfolio focused on luxury electric vehicles as the world’s most valuable luxury car brand prepares to go all electric by the end of the decade – wherever market conditions allow.
  • Stuttgart, Jun 21, 2022 - Mercedes-Benz Group AG appoints Paul Gao to the newly created position of Chief Strategy Officer, effective July 1, 2022.
  • Stuttgart, May 31, 2022 - Mercedes-Benz today laid the symbolic foundation for a new centre of competence for the research and development of future generations of batteries and battery cells at a ceremony on the site of its main plant in Stuttgart-Untertürkheim.
  • Stuttgart, May 19, 2022 - Mercedes-Benz (stock exchange code: MBG) today hosted a strategy update on the Côte d’Azur. This ‘Economics of Desire’ event outlined the future of Mercedes-Benz as a dedicated pure-play luxury car company and provided details of its strategic course. The company will focus even further on luxury, elevate its product portfolio, accelerate its path to a fully electric future and target structurally higher profitability.
  • Stuttgart/Alameda, May 17, 2022 - Mercedes-Benz takes another major step in building the world’s most desirable electric cars. The inventor of the automobile today announced that it will work with Sila, a next-generation battery materials company, to incorporate Sila’s silicon anode chemistry in batteries which are optionally available for the first time in the upcoming electric Mercedes-Benz G-Class.
  • Stuttgart(Germany), Apr 29, 2022 - Voting Results
  • Stuttgart (Germany), Apr 29, 2022 - At its first Annual Meeting under a new corporate structure as Mercedes-Benz Group AG (stock exchange code: MBG), the brand with the three-pointed star reasserted its claim to leadership in the automotive luxury segment.
  • Stuttgart (Germany), Apr 27, 2022 - Mercedes-Benz Group AG (ticker symbol: MBG) achieved strong financial results in the first quarter of 2022, boosted by pricing power, the sharpened focus on top-end vehicles and premium vans, combined with ongoing cost discipline.
  • Stuttgart/Sindelfingen, Apr 8, 2022 - Mercedes-Benz aims to be a leader in both electric driving and vehicle software. To accelerate this development, the company has invested more than 200 million euros in the Electric Software Hub at the Mercedes Technology Centre (MTC) in Sindelfingen.
  • Stuttgart (Germany), Apr 7, 2022 - Mercedes-Benz, the world’s most valuable luxury car brand saw deliveries of S-Class vehicles rise 67% and sales of plug-in hybrid and battery electric vehicles reach 67,800 units in the January to March quarter even as the semiconductor supply shortage and COVID-19 restrictions affected business.
    Mercedes-EQ, EQS 580 4MATIC: Combined electrical consumption: 20.0-16.9 kWh/100 km; combined CO2 emissions: 0 g/km*
  • Stuttgart/Germany , Apr 7, 2022 - Mercedes-Benz Vans is once again underlining its claim to be the leading provider of eVans in the first quarter.
  • Stuttgart, Apr 5, 2022 - Mercedes-Benz Vans is a pioneer and leading manufacturer in the field of electric vans. To date, significantly more than 25,000 all-electric vans have been produced. The top seller for electric vans is the eVito, followed by the eSprinter and EQV.
  • Stuttgart (Germany), Mar 23, 2022 - Mercedes-Benz, Stellantis and TotalEnergies/Saft signed a deal to become equal partners in Automotive Cells Company (ACC), completing a transaction announced in September 2021.
  • Bibb County/Tuscaloosa, Alabama, Mar 15, 2022 - Mercedes-Benz opens a new battery plant in Bibb County, Alabama, a few months ahead of the start of production of all-electric Mercedes-EQ vehicles in the United States (U.S.). The world’s most valuable luxury automotive brand is getting ready to go all electric by ramping up production of electric cars on three continents.
  • Stuttgart, Mar 11, 2022 - Mercedes-Benz AG has firmly established the principle of sustainability as an integral part of its corporate strategy. In addition to CO2-neutral production and the switch to an all-electric vehicle portfolio, a closed loop of recyclable materials is also crucial to reducing resource consumption.
  • Stuttgart (Germany), Feb 24, 2022 - Mercedes-Benz Group AG (ticker symbol: MBG) achieved strong financial results for the fiscal year 2021 ended December 31, while accelerating its strategy as a pure-play manufacturer of desirable cars and vans.
  • Stuttgart, Feb 23, 2022 - Two new members are to be appointed to the Supervisory Board of Mercedes-Benz Group AG. The current Supervisory Board members Bader M. Al Saad (64) and Prof. Dr. Clemens Börsig (73) will step down from their positions when their current periods of office expire at the 2022 Annual General Meeting.
  • Stuttgart, Feb 11, 2022 - Mercedes-Benz Group AG achieved strong financial results in the year 2021 based on preliminary unaudited figures. The Mercedes-Benz Cars & Vans segment has exceeded the guidance range of 10 to 12% and now expects an adjusted Return on Sales of 12.7% in the full year.
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