Why is Mercedes-Benz stock so low?
Summary. Mercedes-Benz faces challenges with declining premium car demand and competition, particularly in China, but remains a premium brand with strong fundamentals and potential for recovery. Both Mercedes and BMW are popular brands in the automotive industry. According to sales data, BMW sells more cars than Mercedes in the United States. However, Mercedes has a larger global market share than BMW.Mercedes-Benz Group’s top competitors include Porsche, Marshall Motor Group, and Volvo Cars. Porsche (P911. DE) manufactures luxury and sports automotive vehicles.
Who buys Mercedes the most?
China is Mercedes-Benz Cars’ largest market in terms of unit sales, surpassing Europe, which was the brand’s leading regional market in 2020. In 2023, China accounted for over a third of all new car sales, when some 737,200 Mercedes-Benz cars were sold. Mercedes-Benz’s car sales fell by 3% in 2024, significantly impacted by a 7% decline in China and a 3% decrease in Europe. Sales of battery-electric cars dropped 23% to 185,100 units, increasing pressure due to new EU CO2 emission targets.Mercedes-Benz’s passenger car sales fell in 2024, hurt by weak demand in China, the automaker’s largest single market, and a slump in battery-electric vehicle sales in Europe, the automaker said.Volkswagen’s third-quarter earnings missed expectations, pushing shares to a 24-year low. Europe’s biggest automaker faces rising costs, restructuring expenses, and slowing demand, particularly in China. Challenges in the EV market and regulatory pressures are straining profitability.
What is the dividend of Mercedes stock?
MBGAF pays a dividend of $5. MBGAF’s annual dividend yield is 9. When is Mercedes-Benz Group ex-dividend date? Mercedes-Benz Group’s previous ex-dividend date was on May 09, 2024. Mercedes-Benz Group AG Dividend Information Mercedes-Benz Group AG has an annual dividend of $1. The dividend is paid once per year and the last ex-dividend date was May 9, 2024.Overview of Mercedes-Benz Group AG shareholders. The Chinese BAIC Group currently holds 9. Mercedes-Benz Group AG’s largest individual shareholder.
Is Mercedes losing market share?
The brand failed to match 2023’s sales in multiple markets including in Europe (down 3% to 641,800 units) and Asia (down 7% to 892,100 units). In its home market of Germany, Mercedes sold a total of 213,500 cars, representing a slide of 9% on the previous year. Meanwhile, in China, sales dropped 7% to 683,600 units. In H1 2024, the BMW Group – which, as a reminder, comprises the BMW, Mini, Rolls-Royce and BMW Motorrad brands – reported a worldwide sales figure of 1 213 359 units . For the record, that represents a 0. The BMW Group beat the Mercedes-Benz Group and repeated the feat in the brand race.