Mercedes-Benz Group AG

MBG

DE0007100000

Auto & Truck Manufacturers

Market Closed - Xetra Other stock markets 11:38:15 2024-04-29 am EDT			5-day change	1st Jan Change
74.79 ^EUR	+0.58%		+0.88%	+19.57%

Apr. 29	Tesla's California registrations down second quarter in a row, dealer data shows	RE
Apr. 29	UAW deal with Daimler Truck boosts energy ahead of Mercedes vote in Alabama	RE

Mercedes-Benz CEO: next big step in AI planned for 2025

October 26, 2023 at 07:09 am EDT

BERLIN (Reuters) - Every Mercedes-Benz car will have a "super assistant" that uses artificial intelligence in future, the carmaker's chief executive said at the Handelsblatt car conference on Thursday.

"The next very big step is coming 2025," said Ola Kaellenius about the assistant that he said would make every journey more convenient and safe.

(Reporting by Ilona Wissenbach, Writing by Miranda Murray, Editing by Friederike Heine)

Latest news about Mercedes-Benz Group AG

Tesla's California registrations down second quarter in a row, dealer data shows	Apr. 29	RE
UAW deal with Daimler Truck boosts energy ahead of Mercedes vote in Alabama	Apr. 29	RE
BMW Plans $2.8 Billion China Factory Update to Boost EV Production	Apr. 29	DJ
Car industry: Growing gap between number of charging stations and e-cars	Apr. 29	DP
Dpa-AFX Overview: COMPANIES - The most important news from the weekend	Apr. 28	DP
US judiciary closes diesel investigation against Mercedes-Benz	Apr. 28	DP
Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal	Apr. 27	RE
TAKE A LOOK-Beijing auto show	Apr. 26	RE
Foreign automakers eager for Chinese partners at Beijing auto show	Apr. 26	RE
Daimler Truck faces imminent strike by over 7,300 US workers	Apr. 26	RE
Stellantis N.V. : Stellantis: A rolling business	Apr. 26
Beijing auto show: Themes and highlights	Apr. 26	RE
TAKE A LOOK-Beijing auto show	Apr. 25	RE
Battle for 'tech luxury' in China as EVs get smarter - and cheaper	Apr. 25	RE
Mercedes boss on competition in China: 'We are not standing still'	Apr. 25	DP
PEKING/German carmakers want to get off the defensive in China	Apr. 25	DP
Correction: Mercedes-Benz to Maintain Investments in Chinese Partnerships	Apr. 25	MT
Mercedes-Benz to Maintain Investments in Chinese Partnerships	Apr. 25	MT
Xiaomi Auto Expects Up to 10% Gross Profit Margin, Founder Says	Apr. 25	MT
China's largest auto show showcases all-electric future, local brands dominate	Apr. 25	RE
New BASF CEO greeted with drop in Q1 earnings	Apr. 25	RE
Wagenknecht wants Bundestag to vote on combustion engine phase-out	Apr. 25	DP
Mercedes-Benz to launch luxury electric van for Chinese market	Apr. 25	RE
Auto show in Beijing begins - German manufacturers want to attack	Apr. 24	DP
Mercedes says it will continue to invest in China tie-ups	Apr. 24	RE

Chart Mercedes-Benz Group AG

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Company Profile

Mercedes-Benz Group AG is one of the world leading automobile manufacturers. Net sales break down by activity as follows: - sale of individual vehicles and light duty vehicles (82.5%): 2.5 million vehicles sold in 2022 (Mercedes-Benz, Smart and Maybach brands); - financial services (17.5%): financing, insurance services, etc. Net sales are distributed geographically as follows: Germany (15.4%), Europe (22.3%), the United States (23.9%), North America (2.8%), China (18.2%), Asia (12.2%) and other (5.2%).

Sector

Auto & Truck Manufacturers

Calendar

01:00am - Q1 2024 Earnings Release

Related indices

EURO STOXX 50 , STOXX EUROPE 600 (EUR) , DAX

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Analysis / Opinion

MERCEDES-BENZ GROUP : Mercedes-Benz’s share buyback outshines the mixed results, drop in margin and cautious outlook

February 26, 2024 at 03:34 am EST

Kintaro Ueno, Managing Director of Mercedez-Benz Japan: EV sales double every year!

October 25, 2023 at 05:18 am EDT

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Ratings for Mercedes-Benz Group AG

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

74.79 EUR

Average target price

86.73 EUR

Spread / Average Target

+15.96%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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Other Auto & Truck Manufacturers

Mercedes-Benz Group AG

Equities

MBG

DE0007100000

Auto & Truck Manufacturers

Mercedes-Benz CEO: next big step in AI planned for 2025

EPS Revisions