# Mercedes-Benz Group

> German automotive manufacturer

**Wikidata**: [Q27530](https://www.wikidata.org/wiki/Q27530)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Mercedes-Benz_Group)  
**Source**: https://4ort.xyz/entity/mercedes-benz-group

## Summary
The Mercedes-Benz Group is a German automotive manufacturer and public company, headquartered in Stuttgart. Founded in 1998 through the merger of Daimler-Benz AG and Chrysler, it is a key player in the automotive industry, producing luxury vehicles, commercial trucks, and buses. The company operates globally and is listed on major stock exchanges, including the Frankfurt Stock Exchange.

## Key Facts
- **Type**: Public company, automobile manufacturer, enterprise, business, organization
- **Industry**: Automotive industry
- **Headquarters**: Stuttgart, Germany
- **Founded**: November 17, 1998 (through the merger of Daimler-Benz AG and Chrysler)
- **Key Products**: Luxury vehicles (e.g., S-Class, E-Class), commercial trucks (e.g., Sprinter, Arocs), buses, and electric vehicles (e.g., EQS, EQB)
- **Stock Exchanges**: Frankfurt Stock Exchange, Tokyo Stock Exchange, Italian Stock Exchange
- **Subsidiaries**: Mercedes-AMG, Mercedes-Benz U.S. International, Daimler Truck, Rolls-Royce Power Systems
- **Owners**: Li Shufu, Kuwait Investment Authority, BlackRock, BAIC Group, Kamaz
- **Revenue**: €145.594 billion (2023)
- **Employees**: 274,616 (2023)
- **Net Profit**: €8.711 billion (2023)
- **Total Assets**: €263.022 billion (2023)
- **Website**: [group.mercedes-benz.com](https://group.mercedes-benz.com/)

## FAQs
- **What is the Mercedes-Benz Group?**
  The Mercedes-Benz Group is a German automotive manufacturer and public company, specializing in luxury vehicles, commercial trucks, and buses. It was formed in 1998 through the merger of Daimler-Benz AG and Chrysler.

- **Where is the Mercedes-Benz Group headquartered?**
  The company is headquartered in Stuttgart, Germany.

- **What products does Mercedes-Benz Group produce?**
  The company produces luxury vehicles (e.g., S-Class, E-Class), commercial trucks (e.g., Sprinter, Arocs), buses, and electric vehicles (e.g., EQS, EQB).

- **On which stock exchanges is Mercedes-Benz Group listed?**
  The company is listed on the Frankfurt Stock Exchange, Tokyo Stock Exchange, and Italian Stock Exchange.

- **Who are the key subsidiaries of Mercedes-Benz Group?**
  Key subsidiaries include Mercedes-AMG, Mercedes-Benz U.S. International, Daimler Truck, and Rolls-Royce Power Systems.

- **Who owns Mercedes-Benz Group?**
  Major owners include Li Shufu, Kuwait Investment Authority, BlackRock, BAIC Group, and Kamaz.

- **What is the revenue of Mercedes-Benz Group?**
  The company reported a revenue of €145.594 billion in 2023.

- **How many employees does Mercedes-Benz Group have?**
  The company employs approximately 274,616 people as of 2023.

- **What is the net profit of Mercedes-Benz Group?**
  The net profit for 2023 was €8.711 billion.

- **What is the total assets value of Mercedes-Benz Group?**
  The total assets of the company as of 2023 were €263.022 billion.

## Why It Matters
The Mercedes-Benz Group is a global leader in the automotive industry, known for its innovation, luxury, and performance. The company’s products, including the S-Class and E-Class, are synonymous with prestige and technological advancement. Its commercial vehicles, such as the Sprinter and Arocs, are widely used in logistics and transportation. The company’s electric vehicle lineup, including the EQS and EQB, reflects its commitment to sustainability. As a public company listed on major stock exchanges, Mercedes-Benz Group has a significant impact on the global economy and employment market. Its influence extends beyond vehicle production, with subsidiaries like Mercedes-AMG and Rolls-Royce Power Systems contributing to various industries.

## Notable For
- **Luxury Vehicle Innovation**: Pioneering luxury and performance vehicles like the S-Class and E-Class.
- **Commercial Vehicle Leadership**: Producing industry-leading commercial trucks and buses, including the Sprinter and Arocs.
- **Electric Vehicle Advancement**: Developing cutting-edge electric vehicles, such as the EQS and EQB.
- **Global Market Presence**: Operating in over 140 countries and employing thousands of people worldwide.
- **Stock Exchange Listing**: Listed on major exchanges, including the Frankfurt Stock Exchange, Tokyo Stock Exchange, and Italian Stock Exchange.
- **Subsidiary Diversification**: Owning key subsidiaries like Mercedes-AMG, Mercedes-Benz U.S. International, and Rolls-Royce Power Systems.
- **Sustainability Commitment**: Investing in electric and hybrid technologies to reduce environmental impact.

## Body
### History
The Mercedes-Benz Group was founded on November 17, 1998, through the merger of Daimler-Benz AG and Chrysler. This merger created a global automotive powerhouse, combining the strengths of both companies. The new entity retained the Mercedes-Benz brand and expanded its product lineup to include luxury vehicles, commercial trucks, and buses. Over the years, the company has evolved to include electric vehicles, reflecting its commitment to innovation and sustainability.

### Products and Services
The Mercedes-Benz Group produces a wide range of vehicles, including luxury sedans, SUVs, and commercial trucks. Key models include the S-Class, E-Class, and G-Class. The company also manufactures commercial vehicles, such as the Sprinter and Arocs, which are used in logistics and transportation. In recent years, the company has expanded its electric vehicle lineup, with models like the EQS and EQB. These vehicles are designed to meet the growing demand for sustainable transportation.

### Global Presence
The Mercedes-Benz Group operates in over 140 countries, with a strong presence in Europe, North America, and Asia. The company has manufacturing facilities and dealerships worldwide, ensuring a global distribution network. Its products are sold in various markets, catering to different consumer preferences and needs.

### Financial Performance
The company has reported strong financial performance, with revenue exceeding €145.594 billion in 2023. The net profit for the same year was €8.711 billion, reflecting the company’s profitability and market position. The total assets of the company as of 2023 were €263.022 billion, indicating its financial strength and investment capabilities.

### Subsidiaries and Partnerships
The Mercedes-Benz Group owns several key subsidiaries, including Mercedes-AMG, Mercedes-Benz U.S. International, and Rolls-Royce Power Systems. These subsidiaries contribute to the company’s diverse product portfolio and global reach. The company also has partnerships with other automotive manufacturers, such as Nissan and Renault, to enhance its technological capabilities and market presence.

### Key People
The Mercedes-Benz Group has been led by notable figures, including Dieter Zetsche, who served as the global CEO. Other key individuals include Jürgen E. Schrempp, who was the CEO of DaimlerChrysler, and Edzard Reuter, a former chairman of the supervisory board. These leaders have played crucial roles in shaping the company’s strategy and growth.

### Affiliations and Memberships
The Mercedes-Benz Group is affiliated with various organizations, including the DAX and Stoxx Europe 50 indices. These affiliations reflect the company’s status as a leading player in the automotive industry. The company is also a member of the International Association of Public Transport and the 5G Automotive Association, indicating its commitment to technological advancements and industry collaboration.

### Sustainability and Innovation
The company has made significant investments in electric and hybrid technologies to reduce its environmental impact. Models like the EQS and EQB are designed to meet the growing demand for sustainable transportation. The company also collaborates with research organizations, such as the Fraunhofer Society and the German Research Center for Artificial Intelligence, to drive innovation and technological advancements.

### Community and Social Responsibility
The Mercedes-Benz Group is committed to social responsibility and community engagement. The company supports various initiatives, including environmental conservation, education, and healthcare. Its employees are involved in corporate social responsibility programs, contributing to the betterment of society.

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