Mercedes-Benz Group AG is a leading global automotive manufacturer renowned for its luxury passenger cars, commercial vehicles and mobility services. Headquartered in Stuttgart, Germany, the company operates under the Mercedes-Benz brand and offers an extensive portfolio that spans high-end sedans, sport utility vehicles, vans, trucks and buses. In addition to manufacturing, Mercedes-Benz Group provides a range of financial solutions, including financing, leasing and insurance, to support vehicle sales and foster long-term customer relationships.
The company’s core business is organized into several divisions: Mercedes-Benz Cars focuses on design, development and production of premium passenger vehicles; Mercedes-Benz Vans addresses the light commercial and passenger van segment; and Daimler Truck AG (prior to its 2021 separation) oversaw heavy-duty truck and bus operations. Complementing these hardware offerings, the group has invested heavily in digital services and connected car technologies, enabling features such as remote diagnostics, over-the-air software updates and advanced driver assistance systems.
With production facilities and R&D centers across Europe, North America, Asia and Africa, Mercedes-Benz Group maintains a truly global footprint. The company has established strategic partnerships in key markets such as China—its largest single market—where it operates joint ventures for electric vehicle production. North America and Europe remain important regions for luxury car sales, while targeted growth opportunities are being pursued in emerging markets. The group’s commitment to sustainability is reflected in an expanding electric vehicle lineup under the EQ brand and ambitious carbon-neutrality targets across its value chain.
Tracing its roots to the 1926 merger of Benz & Cie. and Daimler-Motoren-Gesellschaft, Mercedes-Benz Group has a long history of automotive innovation, from the introduction of the first production automobile to breakthroughs in safety and autonomous driving development. The current management team is led by Chairman of the Board of Management Oliver Blume, who took the helm in 2022, and Chief Financial Officer Harald Wilhelm. Under their leadership, the company continues to invest in advanced propulsion technologies, digitization and scalable production methods to drive future growth and enhance shareholder value.
AI Generated. May Contain Errors.
