When thinking of German automakers, the mobility transition quickly comes to mind. But rest assured: many of these risks are priced in. We took a look under the hood of Mercedes and explain to you the opportunities it presents. Mercedes-Benz Group is a leading global manufacturer of premium passenger cars. Business fields include Mercedes-Benz Cars, Daimler Financial Services and Vans. With the brands AMG, Maybach and EQ, the company serves various luxury segments.

Behind the numbers Mercedes has increased its revenue by 3.6% to 113 billion euros in the first 9 months. Earnings per share rose 6.2% to 10.47 euros. 1.53 million cars were sold, 2% more than before. Vans saw an increase of 11% with 323,000 units sold. The Mobility division decreased by 2% and remained just under 20 billion euros. Efficiency improvements are currently on the program, with BMW as a model with significantly lower sales costs. With the currently being built battery recycling plant, Mercedes is setting a sign for the introduction of a material cycle for the expansion of electromobility.

A focus is also being placed on the aluminum supply chain, which is facing decarbonization. In addition, a large-volume supply contract has been signed with the company H2 Green Steel, which will supply the European presses. The authorities have given the green light for the sale of the Russia business, which is now fully de-consolidated. Through an agreement with Tesla, it will be possible for North American customers to use the Tesla Supercharger from next year. Here, an extensive joint venture is being planned.

Bringing PS to the road soon: the Mercedes stock Besides these two companies, BMW, Stellantis, Honda, GM, Hyundai and Kia are also joining forces to expand the charging network. This will be powered exclusively by renewable energies. Since March, the company has been buying its own shares back for a period of two years for a volume of up to 4 billion euros. We expect a very positive development for the share. This star can also make your portfolio shine!