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.

German carmaker Mercedes-Benz has applied for tax breaks for potential projects at two of its U.S. plants under the Inflation Reduction Act (IRA), a company spokesperson said on Monday.

Mercedes applies for tax relief for projects at two U.S. plants

Mastercard

Mastercard has launched an in-car payment partnership aimed at Mercedes drivers in Germany. The collaboration will let customers use a fingerprint sensor in their car to make digital payments at more than 3,600 service stations in Germany, the companies announced Monday (Sept.

Mercedes and Mastercard Debut Fingerprint Payment Offering in Germany

STUTTGART, Germany & PURCHASE, N.Y.--(BUSINESS WIRE)--Mercedes-Benz customers in Germany can now start the fueling process directly from their vehicle and pay digitally by fingerprint. Eliminating the need to enter a PIN or authenticate via mobile device, drivers can now leverage convenient payments to enhance the in-vehicle experience. The native in-car payment service via Mercedes pay+ will turn the car into a form of payment device and can be used to make payments at service stations using t.

Mercedes-Benz Teams up With Mastercard to Introduce Native In-Car Payments at the Pump: Pay by Fingerprint Directly in the Car With Mercedes pay+

Bayerische Motoren Werke AG

Manufacturers expect levy agreed in Brexit deal to hand chunk of market to global firms, including China

Carmakers call on EU to delay 10% tariff on electric vehicle exports

Mercedes-Benz has seen strong growth in return on sales across the Vans segment. I see the company as being in a good place to bolster earnings from here. I take a bullish view on Mercedes-Benz.

Mercedes-Benz: Encouraging Return On Sales Growth Across Vans Segment

The United Auto Workers (UAW) union said on Wednesday that 190 workers went on strike at Mercedes-supplier ZF's plant in Alabama, demanding higher pay and better healthcare benefits.

UAW workers strike at Mercedes supplier ZF's plant in Alabama

Steel Dynamics

STUTTGART, Germany--(BUSINESS WIRE)--Mercedes-Benz signs an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama, marking another crucial milestone towards decarbonizing its global steel supply chain. SDI steel will be made using an electric arc furnace (EAF) and will use electricity from 100% renewable sources. With EAFs powered by green electricity, emissions can be reduced more than half to 1.0-tonne CO.

Mercedes-Benz AG and Steel Dynamics Inc. secure sustainable steel supply deal for Tuscaloosa plant

Mercedes-Benz could face another wave of recalls after German transport authority KBA deemed inadmissible defeat devices installed in some of its vehicles, in a letter leaked by a whistleblower to environmental NGO Deutsche Umwelthilfe (DUH).

Mercedes-Benz threatened with recalls of Euro 6 cars over defeat devices

Any change in taxation in India will change the structure of the fuel mix in Mercedes-Benz India portfolio, the automaker said on Tuesday in response to a proposal for an additional 10% tax on diesel vehicles.

Mercedes says change in India tax on diesel vehicles will affect fuel mix portfolio

Geely Automobile Holdings Ltd

Polestar Automotive Holding UK PLC

Volkswagen AG

XPeng

Traditional automakers are looking to boost the software and driverless features of their cars in a bid to catch up to Tesla and appeal to Chinese consumers.

Seat massages, smartphones and driverless features: Automakers turn to tech to take on Tesla

Chinese automakers have their sights set on world domination. That's bad news for European automakers like Volkswagen, Mercedes-Benz, and BMW.

Chinese car companies are coming for Europe. VW and Mercedes should be nervous.

QUALCOMM

U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to luxury automakers Mercedes and BMW.

Qualcomm to supply BMW and Mercedes with chips for displays, voice features

Mercedes-Benz does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an interview at the Munich car show.

Mercedes-Benz chief says Europe likely won't be ready for all-electric sales by 2030

At the IAA auto show in Munich, Mercedes showed off the Mercedes-Benz Concept CLA Class while BMW revealed the BMW Vision Neue Klasse.

Mercedes and BMW want to take on Tesla. Check out their new electric concept cars

Mercedes-Benz: Europe likely won't be ready for all-electric sales by 2030

At the IAA Mobility motor show in Munich, Germany, BMW and Mercedes revealed electric concept cars and new platforms for their future battery-powered vehicles.

BMW, Mercedes launch biggest EV push yet to catch Tesla with new models

The variable costs for producing electric vehicles will remain higher compared to combustion engine models for the foreseeable future, the chief executive of Mercedes-Benz said on Sunday, adding this would continue to fuel intense competition.

Mercedes boss: EV costs will remain higher for foreseeable future

Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle but did not give a specific date for its release.

Mercedes to release a smaller version of its G Class luxury SUV

The stocks of the car companies have rarely been cheaper, as investors foresee a deep crisis that may never come.

Where to Find a Deal on Mercedes and BMW

Mercedes-Benz has shared plans to open its first electric vehicle DC fast-charging hubs in Atlanta, Georgia; Chengdu, China; and Mannheim, Germany, starting in the fourth quarter of 2023.

Mercedes to open first charging hubs in Atlanta, China, Germany

Mercedes-Benz Group AG DAII, +3.03% MBG, +0.07% said Monday it plans to build up a network of 2,000 charging hubs by the end of 2024, starting with three charging stations this fall in Atlanta, Chengdu, China and Mannheim, Germany. The auto maker plans to create more than 10,000 charging points by the end of the decade.

Mercedes-Benz plans to open first EV charging stations this fall in Atlanta, China and Germany

STUTTGART, Germany--(BUSINESS WIRE)--Mercedes-Benz will open its first high-powered charging stations worldwide this fall, plan to build 10,000 high-powered chargers by end of decade.

Mercedes-Benz to open its first high-power charging stations worldwide this fall

Mercedes-Benz CEO said the company's EVs — which include the EQA and EQE SUV — had received a "good reception" so far.

A marathon, not sprint: Mercedes-Benz CEO outlines challenges in shift to EVs

STUTTGART, Germany--(BUSINESS WIRE)--The Supervisory Board reappointed Ola Källenius (54) as Chairman of the Board of Management of Mercedes-Benz Group AG until May 21, 2029, at its meeting today. It also extended the contract of Markus Schäfer (58) until May 21, 2026. As Chief Technology Officer, Markus Schäfer is the Board of Management member responsible for Development & Procurement. ”Ola Källenius has put Mercedes-Benz in an excellent position for the future. With the clear focus of th.

Mercedes-Benz Group AG Supervisory Board reappoints Ola Källenius and Markus Schäfer and sharpens areas of responsibility of Board of Management

Mercedes-Benz Group AG (OTCPK:MBGAF) Q2 2023 Earnings Conference Call July 27, 2023 2:00 AM ET Company Participants Steffen Hoffmann - Head of Investor Relations and Treasury Ola Källenius - Chief Executive Officer Harald Wilhelm - Chief Financial Officer Conference Call Participants George Galliers - Goldman Sachs Group Daniel Roeska - Sanford C. Bernstein & Co. Tim Rokossa - Deutsche Bank AG Jose Asumendi - JPMorgan Chase & Co. Horst Schneider - Bank of America Merrill Lynch Operator Welcome to the Global Conference Call of Mercedes-Benz.

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