Mercedes-Benz Group (OTCMKTS:MBGYY) is a German multinational corporation specializing in the design, manufacture and distribution of luxury passenger vehicles and light commercial vans. Headquartered in Stuttgart, Germany, the company produces a wide range of vehicles under the Mercedes-Benz brand, including sedans, SUVs, coupes, convertibles and vans. In addition to its automotive operations, Mercedes-Benz Group provides financing, leasing, insurance and mobility services through its Financial Services division, supporting both retail customers and commercial partners worldwide.
The origins of Mercedes-Benz date back to 1926, when the merger of Benz & Cie. and Daimler-Motoren Gesellschaft formed one of the world’s first automotive manufacturers. Since then, the company has introduced a series of innovations in safety, performance and efficiency—most notably pioneering anti-lock braking (ABS), electronic stability control and advanced driver-assistance systems. In recent years, Mercedes-Benz Group has intensified its focus on electrification, launching a growing lineup of fully electric models under the EQ sub-brand and investing heavily in battery technology and charging infrastructure.
Operating in more than 160 countries, Mercedes-Benz Group serves key markets across Europe, North America, Greater China and other regions in Asia, Latin America and Africa. The company’s global network comprises manufacturing facilities, research and development centers and a broad dealer and distributor network that ensures localized sales, after-sales support and customer care. Strategic partnerships and joint ventures in China and other emerging markets have further strengthened its regional presence and production capabilities.
Since May 2019, Mercedes-Benz Group has been led by Chairman of the Board of Management Ola Källenius, who has guided the company through its transformation toward sustainable and digital mobility. Under his leadership, the group has outlined an ambitious roadmap to achieve carbon-neutral new passenger car fleets by 2039, while continuing to expand its portfolio of battery electric vehicles and advanced mobility services. This forward-looking strategy underscores Mercedes-Benz Group’s commitment to innovation, premium quality and long-term value creation for its stakeholders.
