Mercedes-Benz Group AG

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Mercedes-Benz Group AG engages in the business of manufacturing and distributing premium cars. It operates through the following segments: Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility. The Mercedes-Benz Cars segment includes the brands Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ. The Mercedes-Benz Vans segment focuses on selling vans under the Mercedes-Benz brand. The Mercedes-Benz Mobility segment is involved in supporting the sales of the vehicle brands. The company was founded by Gottlieb Daimler and Carl Benz in 1926 and is headquartered in Stuttgart, Germany.

The UAW had hoped to continue a run that includes the overwhelming VW win in Chattanooga, Tenn.

Mercedes workers at Alabama plant vote to reject unionization in setback for UAW

Mercedes-Benz workers in Alabama rejected union representation by the United Auto Workers on Friday, a setback for the labor union as it tries to expand to non-union factories in the South after ratifying contracts with Stellantis, General Motors and Ford last year.

Alabama Mercedes-Benz Workers Vote Against Unionizing—In UAW Setback

VANCE, Ala.--(BUSINESS WIRE)--Eligible Mercedes-Benz U.S. International, Inc. (MBUSI) Team Members voted against representation by the UAW this week. The secret ballot vote was overseen by the National Labor Relations Board (NLRB). During the May 13-17 elections, a total of 4,687 valid votes were counted, representing 92 percent of employees who were eligible to vote. Of these, 2,642 were “No” votes (56 percent), against representation by the UAW. A further 2,045 votes (44 percent) were “Yes,”.

Mercedes-Benz U.S. International, Inc. Team Members have voted against union representation

The results are a blow to the UAW's organizing efforts a month after the Detroit union won an organizing drive of Volkswagen plant workers in Tennessee.

Mercedes-Benz workers in Alabama vote against UAW union membership

Workers at a Mercedes-Benz plant in Alabama voted against joining the United Auto Workers, blunting the union's momentum in its organizing drives at many foreign-owned factories.

Mercedes Workers at Alabama Plant Reject Unionization in Setback for UAW

The UAW had won a historic vote at a Volkswagen plant just last month, but the loss at Mercedes could hamper its organizing plans in the South.

Mercedes-Benz Workers In Alabama Reject Union

DETROIT — The United Auto Workers union faces the latest test of its ambitious plan to unionize auto plants in the historically nonunion South when a vote ends Friday at two Mercedes-Benz factories near Tuscaloosa, Ala.

UAW's push to unionize factories in the South faces latest test at two Mercedes plants in Alabama

The outcome of a vote on Friday by workers at a Mercedes-Benz factory in Alabama will be a key referendum on whether the United Auto Workers can maintain momentum in the historically anti-union South.

UAW's influence tested in pivotal Alabama Mercedes-Benz factory union vote

Federico Kochlowski said he doesn't want the plant to unionize. A labor federation says the company is violating an agreement of neutrality.

Mercedes-Benz Exec Implores Workers Ahead Of Union Vote: ‘Give Me A Chance'

United Auto Workers union sees two of German-owned carmaker's plants as key in effort to unionize industry in southern US

Mercedes workers in Alabama face anti-union message ‘barrage' before election

Mercedes-Benz is retreating from its ambitious plans for going all-electric, delaying its goal by years after a decline in profits in the first quarter.

Mercedes pumps the brakes on EV goals after profits drop

STUTTGART, Germany--(BUSINESS WIRE)--At the Mercedes-Benz Group AG (ticker symbol: MBG) Annual General Meeting for the financial year 2023, the company outlined its strategic progress as a maker of desirable cars and vans. Shareholders approved all of the items on the agenda of the Annual General Meeting. Dr. Bernd Pischetsrieder stepped down after a decades-long career in the auto industry. He was for many years a member of the Board of Management of BMW AG and then Chairman of its Board of Ma.

Mercedes-Benz Group AG Annual General Meeting: Orderly transition in times of transformation

Mercedes-Benz Chief Executive Ola Kaellenius on Wednesday spoke against imposing restrictions on trade with China, stressing that the country remains the group's most important market.

Mercedes CEO speaks against restrictions on trade with China

German premium carmaker Mercedes-Benz on Wednesday rejected claims that it has been trying to prevent the formation of a union at its Alabama plant.

Mercedes rejects claims it prevented unionising at US plant

SUNNYVALE, Calif.--(BUSINESS WIRE)--Mercedes-Benz Research & Development North America, Inc. (MBRDNA), a Silicon Valley-headquartered research and development subsidiary of Mercedes-Benz, has started new research collaborations with two universities: 1. Stanford University School of Engineering; and 2. the University of California San Diego's Contextual Robotics Institute. MBRDNA has earmarked a six-month funding initiative aimed at advancing the research of AI and its potential to elevate.

Mercedes-Benz Research & Development North America Funds Educational Initiatives in AI and Automated Driving at Stanford and University of California San Diego

Mercedes-Benz Group AG (OTCPK:MBGAF) Q1 2024 Earnings Conference Call April 30, 2024 2:00 AM ET Company Participants Steffen Hoffmann - Head, Investor Relations & Treasury Harald Wilhelm - Chief Financial Officer Conference Call Participants Tim Rokossa - Deutsche Bank George Galliers - Goldman Sachs Stephen Reitman - Bernstein Societe Generale José Asumendi - JPMorgan Philippe Houchois - Jefferies Henning Cosman - Barclays Horst Schneider - Bank of America Operator Welcome to the Global Conference Call of Mercedes-Benz. At our customers' request, this conference will be recorded.

Mercedes-Benz Group AG (MBGAF) Q1 2024 Earnings Call Transcript

Mercedes-Benz reported lower profit and revenue for the first quarter fell on fewer cars sales and supply-chain bottlenecks but confirmed its guidance for the year.

Mercedes-Benz Posts Profit Beat Despite Lower Car Sales

Luxury carmaker Mercedes-Benz on Tuesday reported lower first-quarter profits and sales that were in line with expectations, adding it would hold and defend high pricing levels seen in the first quarter.

Mercedes-Benz vows to defend pricing levels after in-line Q1 profit drop

The Justice Department has concluded an eight-year-long probe into Mercedes-Benz relating to diesel emissions without filing charges, multiple outlets reported Saturday, nearly four years after the German automaker reached a $1.5 billion settlement to settle separate allegations that it cheated on emissions tests.

Justice Department Ends Mercedes-Benz Emissions Probe Without Filing Charges

The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the car manufacturer is no longer facing charges, the company said on Saturday.

Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal

Mercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN.EA platform, the head of the carmaker's vans division told German magazine WirtschaftsWoche.

Mercedes-Benz to launch luxury electric van for Chinese market

Mercedes Benz's China sales chief said on Thursday that they had brought a number of electric models to the Beijing Autoshow and that the German automaker hoped this would put to rest "rumours" that the company had given up on electrification.

Mercedes Benz shows off electric line-up at Beijing autoshow, not giving up on electrification

Workers at a Mercedes Benz factory in Vance, Alabama will vote between May 13 and May 17 on whether to join the United Auto Workers union, the National Labor Relations Board (NLRB) said on Thursday.

Mercedes-Benz workers to vote on UAW membership in May

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