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Latest Mercedes-Benz News

Daimler 2016 Financial Forecast

Last year, Daimler AG reported a personal record net profit of approximately US$ 9.8 billion, which marks a stunning increase of about 23% when compared to the 2014 financial report. Arguably, the most important player in this tremendous economic growth has to be Mercedes-Benz CEO, Dieter Zetsche. Daimler’s board of directors are so utterly satisfied with his performance that they decided to extend his contract until at least the end of 2019. A little reminder, Zetsche has been steering the ship at Mercedes-Benz ever since 1998. After such a successful business year in 2015, can Daimler outperform themselves and by the end of 2016 proudly display even better reports? Zetsche… Continue Reading »

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First quarter profits exceed analyst predictions

The big bosses at Daimler AG weren’t expecting the kind of profits the company would earn in this year’s first quarter. Record sales of Mercedes-Benz cars was able to make up for the brand’s spending on new models and facilities, making things for the company a lot easier and joyful moving forward in 2012. 2.13 billion euros, almost a 4.9-percent growth in profit compared to last year, is enough reason to be joyful. These figures beat average estimates by eight survey analysts. Sales grew by 9.2 percent, making it 27 billions euros for January to March alone. Daimler CEO Dieter Zetsche was fast in rehighlighting his company’s goals for the… Continue Reading »

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