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Mercedes-Benz Group AG
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  • Latest update: 10/05/2025
Company description
General information
Company nameMercedes-Benz Group AG
TickerMBG
Ordinary sharesOrdinary Shares
RICMBGn.DE
ISINDE0007100000
Last annual results31/12/2024
Last interim results31/03/2025
Number of emploees as of 31/12/2024 163 132
Shares outstanding as of 31/12/2024 884 840 817
CurrencyEUR
Contact information
StreetMercedesstrasse 120
CitySTUTTGART
Zip code70372
CountryGermany
Contact personChristina Schenck
Function of contact personVice President, Head of Investor Relations and Treasury
Phone 49 711 170
Fax497111722244

Business Summary: Mercedes-Benz Group AG, formerly Daimler AG (Daimler), is a Germany-based automotive engineering company. The Company engages in the development, production and distribution of cars and vans in Germany, and the management of the Daimler Group. The segments include Mercedes-Benz Cars, Mercedes-Benz Vans and Daimler Financial Services. The Mercedes-Benz Cars segment includes vehicles of the Mercedes-Benz brand, including the brands, Mercedes-AMG and Mercedes-Maybach, and small cars under the smart brand, as well as the Mercedes me brand. The Mercedes-Benz Vans sells vans under the brand name Mercedes-Benz and the Freightliner brand. The Daimler related segment offers e.g. financing, leasing, car subscription and car rental, fleet management, digital services, as well as mobility services. The Daimler financial services also support the sales of its automotive brands worldwide.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Mercedes-Benz Group AG revenues decreased 4% to EUR145.59B. Net income decreased 28% to EUR10.21B. Revenues reflect Mercedes-Benz Cars segment decrease of 5% to EUR102.48B, Mercedes-Benz Mobility segment decrease of 5% to EUR24.5B, Germany segment decrease of 16% to EUR21.71B, China segment decrease of 8% to EUR23.14B.
Sector classification
TRBC2009Auto / Truck Manufacturers
TRBC2012Auto & Truck Manufacturers (NEC)
RBSS2004Auto & Truck Manufacturers
MGINDUSTRYAuto & Truck Manufacturers
MGSECTORConsumer Cyclical
NAICSAutomobile and Light Duty Motor Vehicle Manufacturing
NAICSMotor Vehicle Transmission and Power Train Parts Manufacturing
NAICSOther Engine Equipment Manufacturing
NAICSSales Financing
NAICSDirect Property and Casualty Insurance Carriers
NAICSCredit Card Issuing
NAICS2007Automobile Mfg
NAICS2007Motor Vehicle Transmission and Power Train Parts Manufacturing
NAICS2007Other Engine Equipment Mfg
NAICS2007Sales Financing
NAICS2007Direct Property & Casualty Insurance Carriers
NAICS2007Credit Card Issuing
NAICS1997Automobile Manufacturing
NAICS1997Motor Vehicle Transmission and Power Train Parts Manufacturing
NAICS1997Other Engine Equipment Manufacturing
NAICS1997Sales Financing
NAICS1997Direct Property and Casualty Insurance Carriers
NAICS1997Credit Card Issuing
SICMotor Vehicles And Car Bodies
SICMotor Vehicle Parts/accessories
SICInternal Combustion Engines, Nec
SICMisc Business Credit Institutions
SICFire/marine/casualty Insurance
SICShort-Term Business Credit



  • Latest update: 10/05/2025
Company management
FunctionNameAgeOfficer sinceIn company since
Independent Chairman of the Supervisory BoardMartin Brudermueller6408/05/202408/05/2024
Chairman of the Management Board, Chief Executive OfficerOla Kaellenius5501/01/2015
Vice Chairman of the Supervisory Board, Employee RepresentativeErgun Luemali6303/05/202303/05/2023
Member of the Management Board, Chief Technology Officer, Development and ProcurementMarkus Schaefer5801/12/202122/05/2019
Member of the Management Board, Marketing and SalesMathias Geisen4701/03/202501/02/2025
Member of the Management Board, Production, Quality & Supply Chain ManagementJoerg Burzer5501/12/2021
Member of the Management Board, Integrity, Governance & SustainabilityRenata Jungo Bruengger6301/01/2016
Member of the Management Board - Integrity, Governance & SustainabilityOlaf Schick5301/10/202501/10/2025
Member of the Management Board, Human Relations and Labour DirectorBritta Seeger5501/04/202501/01/2017
Member of the Management Board, Greater ChinaOliver Thone4001/02/202501/02/2025