Mercedes-Benz Mobility

Mercedes-Benz Q1 Marked by Solid Cash Generation and Top-End Model Changeovers 

Retrieved on: 
Mardi, avril 30, 2024
Automotive Manufacturing, Manufacturing, General Automotive, Automotive, EV, Electric Vehicles, Annual general meeting, Annual, Mercedes-Benz Group, Mercedes-Benz Mobility, Total, Car, Investment, Policy, Uncertainty, Research, Plant, ECE, GLC, Research and development, Worldwide, Acquisition, Mobility, XEV, CCR, Mercedes-Benz, Share repurchase, WLTP, Automotive industry

Current supply bottlenecks are on the way to easing in regard to the GLC and E-Class, with further improvements expected.

Key Points: 
  • Current supply bottlenecks are on the way to easing in regard to the GLC and E-Class, with further improvements expected.
  • Sales levels in the first quarter are seen as the trough, with second quarter volumes expected to be better.
  • Q1 is seen as the trough, with improvements expected over the second half of 2024, despite increasing ramp-up costs for charging infrastructure.
  • The cost of credit risk is seen improving from Q1 levels but is expected at an overall higher level compared to 2023.

Alta Equipment Group Appoints Sidhartha Nair as Director

Retrieved on: 
Lundi, février 26, 2024
Mercedes-Benz Mobility, University, Ross School of Business, Growth, Purdue University, MBA, Engineering, Transformation, Business, McKinsey & Company, Knowledge

LIVONIA, Mich., Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, increased the size of the Board of Directors (the “Board”) from five to six directors and subsequently appointed Sidhartha Nair to the Board, effective immediately.

Key Points: 
  • LIVONIA, Mich., Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, increased the size of the Board of Directors (the “Board”) from five to six directors and subsequently appointed Sidhartha Nair to the Board, effective immediately.
  • Mr. Nair, age 52, is the Head of Strategy, Americas Region, for Mercedes-Benz Mobility and leads Strategic and Transformation activities in the U.S., Canada and Mexico since December 2021.
  • Mr. Nair holds a MBA from the University of Michigan, Ross School of Business and a Masters in Engineering from Purdue University.
  • I look forward to the contributions he will make as part of the Alta family.”
    I am excited to join the Board of Alta and be part of its rapidly expanding growth and position in the market,” said Mr. Nair.

Mercedes-Benz Financial Services Canada Corporation appoints Brian Stevens as new President and CEO

Retrieved on: 
Mardi, mars 5, 2024
Professional Services, Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Finance, CFO, CPA, Structured finance, Multimedia, Joint venture, Athlon, Digital, Mercedes-Benz Group, Comptroller, MBM, EQ, Mercedes-Benz, Ernst & Young, Mercedes-Benz Bank, Duke University, Benelux, LLP, Mobility, Controller, Mercedes-Benz Mobility, Insurance, FREE, Grand Valley State University, DCS

Mercedes-Benz Financial Services Canada Corporation (MBFS), a leading automotive financial services provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.

Key Points: 
  • Mercedes-Benz Financial Services Canada Corporation (MBFS), a leading automotive financial services provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.
  • View the full release here: https://www.businesswire.com/news/home/20240304532618/en/
    Brian Stevens, President and CEO, Mercedes-Benz Financial Services Canada Corporation (Photo: Business Wire)
    In this role, he will lead the Canadian operations of MBM in succession of James Ryan, who was appointed CEO of Mercedes-Benz Financial Services BeNeLux, leading MBM operations in the Belgium, Netherlands and Luxembourg markets, last year.
  • "Brian brings more than a decade of experience with the Canadian market following his successful tenure as Chief Financial Officer of MBM NA.
  • Mercedes-Benz Financial Services Canada at a glance:
    Mercedes-Benz Financial Services Canada Corporation, located in Mississauga, Ontario, supports the sales efforts of Mercedes-Benz passenger cars and vans in Canada by offering premier financial services to retail customers and the dealer network.

Mercedes-Benz Group 2023 Results*: Cash Generation at Work

Retrieved on: 
Jeudi, février 22, 2024
Alternative Vehicles, Fuels, EV, Electric Vehicles, Vehicle Technology, Automotive, General Automotive, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Acquisition, Share repurchase, XEV, Supervisory board, BEV, DPS, Research and development, Investment, Management, Plant, Sale, Earnings per share, Mercedes-Benz Group, NMC, Conference, Earnings, LFP, MMA, CCR, European, PP, PP&E, Mercedes-Benz, Equity, CO2, KPI, Policy, Car, Uncertainty, EPS, Mercedes-Benz Mobility, Annual, Vans, Research, Environment, Pressure, CLA, Automotive industry

Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.

Key Points: 
  • Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.
  • 40 percent dividend payout ratio of Group Net Income, shall be used to fund share buybacks with the purpose of redeeming shares.
  • Group Free Cash Flow of the Industrial Business is seen slightly below the very strong levels from 2023, due to lower EBIT at Cars and Vans and lower CCR at Vans.
  • Link to capital market presentation on full year 2023: group.mercedes-benz.com/results-2023
    Pictures of the Annual Results Conference 2023 will be available here: group-media.mercedes-benz.com
    Further information on Mercedes-Benz Group AG is available at:

Mercedes-Benz launches first EV charging hub in North America; Network aims to deliver a fast, reliable, premium charging experience for drivers of all EV brands.

Retrieved on: 
Mercredi, novembre 15, 2023
Other Travel, Environment, State, Local, EV, Electric Vehicles, Destinations, Travel, Engineering, Environmental Health, Other Automotive, Automotive Manufacturing, Manufacturing, Performance & Special Interest, Other Energy, Public Policy, Government, Fleet Management, Other Retail, Alternative Energy, Alternative Vehicles, Fuels, Energy, Automotive, Specialty, Vehicle Technology, Tourist Attractions, Retail, Sustainability, Green Technology, General Automotive, Mercedes-Benz Bank, Open access, DCS, IONITY, Map, Optare StarRider, NACS, Electricity, Mercedes-Benz India, FREE, EQ, Safety, ChargePoint, Joint venture, Multimedia, Friends, Mercedes-Benz, Mercedes-Benz USA, Mercedes-Benz Group, Original equipment manufacturer, MN8, Fastest, EBIT, Coffee, Food, Insurance, Weather, Athlon, Mercedes-EQ, SUV, CCS1, Partnership, Carbon, Mobility, EVS, Buc-ee's, Green, LED, Digital, Mercedes-Benz Mobility, Software, Automotive industry, Car dealership, Airline, Electric battery, Renewable energy, Mobile phone

Powered by clean energy: Through both direct and indirect means, the charging hub uses renewable energy and is carbon neutral.

Key Points: 
  • Powered by clean energy: Through both direct and indirect means, the charging hub uses renewable energy and is carbon neutral.
  • To download photos of the Sandy Springs charging hub, please click here:
    The Mercedes-Benz Charging Network will set a new benchmark for quality and customer experience in the charging industry.
  • Key Mercedes-Benz Charging Network Highlights:
    The Fastest Charging Network in the US: The Mercedes-Benz Charging Network will exclusively offer chargers of up to 400kW at all charging hubs.
  • The Mercedes-Benz Charging Network promises premium customer experiences, complete with nearby amenities to integrate charging into EV drivers’ daily lives.

Blacklane Expands its City-to-City Service with Exciting New Routes, Bringing the Total to 187 Routes

Retrieved on: 
Mercredi, novembre 15, 2023
Carbon, Safety, Carbon footprint, Privacy, Tax, Blacklane, Partnership, Mercedes-Benz Mobility, Growth, News, Travel, Transport, Airline, City

BERLIN, Nov. 15, 2023 /PRNewswire/ -- Blacklane, the world's leading premier chauffeur service, is thrilled to announce the expansion of its hugely popular City-to-City service with the addition of 71 new routes, further enhancing the convenience and comfort of travel for our valued guests. With these latest additions, Blacklane now offers 187 routes in 14 countries, connecting some of the world's most iconic cities.

Key Points: 
  • With these latest additions, Blacklane now offers 187 routes in 14 countries, connecting some of the world's most iconic cities.
  • In addition, Blacklane's limousines offer comfort and privacy which enables guests to either fully relax or continue with their work.
  • "Our commitment to providing top-tier transportation solutions to our global clientele remains unwavering," said Dr. Jens Wohltorf, CEO and Founder at Blacklane.
  • With the addition of these new routes, Blacklane continues to expand its global footprint, connecting the world one city at a time.

Blacklane Expands its City-to-City Service with Exciting New Routes, Bringing the Total to 187 Routes

Retrieved on: 
Mercredi, novembre 15, 2023
Carbon, Safety, Carbon footprint, Privacy, Tax, Blacklane, Partnership, Mercedes-Benz Mobility, Growth, News, Travel, Transport, Airline, City

BERLIN, Nov. 15, 2023 /PRNewswire/ -- Blacklane, the world's leading premier chauffeur service, is thrilled to announce the expansion of its hugely popular City-to-City service with the addition of 71 new routes, further enhancing the convenience and comfort of travel for our valued guests. With these latest additions, Blacklane now offers 187 routes in 14 countries, connecting some of the world's most iconic cities.

Key Points: 
  • With these latest additions, Blacklane now offers 187 routes in 14 countries, connecting some of the world's most iconic cities.
  • In addition, Blacklane's limousines offer comfort and privacy which enables guests to either fully relax or continue with their work.
  • "Our commitment to providing top-tier transportation solutions to our global clientele remains unwavering," said Dr. Jens Wohltorf, CEO and Founder at Blacklane.
  • With the addition of these new routes, Blacklane continues to expand its global footprint, connecting the world one city at a time.

Mercedes-Benz Announces Strategic Agreement with Buc-ee's to Join Forces to Deliver Premium EV Charging Experience at Buc-ee's Locations Nationwide

Retrieved on: 
Jeudi, novembre 9, 2023
EV, Electric Vehicles, Other Retail, Specialty, General Automotive, Public Transport, Transportation, Convenience Store, Automotive, Travel, Other Transport, Retail, Transport, Other Automotive, Digital, Mercedes-Benz, Insurance, Athlon, Mercedes-Benz Mobility, Food, Mercedes-Benz Bank, Mercedes-Benz Group, Organization, EQ, Texas Triangle, Multimedia, Buc-ee's, EBIT, Trust, Joint venture, MN8, Mobility, Vehicle registration plates of Nepal, Optare StarRider, FREE, DCS, Drink, Map, I-95, Car dealership, Rail transport, Automotive industry

This collaboration underscores the commitment of both organizations to provide exceptional value and an unparalleled experience to their customers.

Key Points: 
  • This collaboration underscores the commitment of both organizations to provide exceptional value and an unparalleled experience to their customers.
  • Buc-ee’s strategic locations along major travel routes, combined with their commitment to clean and accessible amenities, aligns perfectly with our vision.
  • Mercedes-Benz HPC NA and Buc-ee's look forward to delivering a revolutionary charging and travel experience to EV drivers nationwide.
  • As part of Mercedes-Benz Mobility AG, we play a crucial role in expanding the North American EV charging infrastructure and driving EV adoption.

Mercedes-Benz Announces Strategic Alliance with Simon® to Expand High-Power Charging Network

Retrieved on: 
Jeudi, novembre 2, 2023
Restaurant, Bar, EV, Electric Vehicles, Other Retail, Other Energy, Utilities, General Automotive, Public Transport, Energy, Automotive, Delivery Services, Other Transport, Retail, Transport, Digital, Mercedes-Benz, Insurance, Athlon, Mercedes-Benz Mobility, Mercedes-Benz Bank, IONITY, HPC, Mercedes-Benz Group, Work, Original equipment manufacturer, EQ, Multimedia, Advertising, Senior, EBIT, Utilization, Joint venture, Growth, Placement, Mobility, Vehicle registration plates of Nepal, Travel, Optare StarRider, FREE, DCS, Map, Automotive industry, Car dealership

Further, this expansion of the Mercedes-Benz Charging Network to Simon locations will bring hundreds of construction jobs to the communities that they’re located in.

Key Points: 
  • Further, this expansion of the Mercedes-Benz Charging Network to Simon locations will bring hundreds of construction jobs to the communities that they’re located in.
  • This alliance represents one of Mercedes-Benz HPC NA’s initial steps towards fulfilling its promise of expanding the EV charging map in North America through a value-based approach.
  • Mercedes-Benz's initiatives to establish a high-power charging infrastructure also include the Europe-wide fast-charging network joint venture IONITY, which already comprises around 3,000 charging points, and the recently established joint venture with six other automotive OEMs to expand the North American high-power charging network.
  • The company's own Mercedes-Benz Charging Network consisting of branded charging hubs is the next important step in the company's electrification strategy.

Mercedes-Benz Group Solid Q3 Results Underscore Resilience in a Subdued Market Environment

Retrieved on: 
Jeudi, octobre 26, 2023
EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Recreational Vehicles, General Automotive, Performance & Special Interest, Vehicle Technology, Off-Road Trucks & SUVs, Mercedes-Benz Mobility, Roe, Mercedes-Benz Group, Research, Investment, Rest, BEV, Growth, Ros, Mercedes-Benz, Plant, Uncertainty, Real estate, Automotive industry, Q3

By contrast, energy prices are expected to remain at a significantly lower level on average in 2023 than in the previous year.

Key Points: 
  • By contrast, energy prices are expected to remain at a significantly lower level on average in 2023 than in the previous year.
  • Mercedes-Benz Cars: The rate of sales from the first three quarters in 2023 is seen remaining at approximately the same pace.
  • As the 48-volt supply constraint is expected to continue, we expect Q4 sales to remain at the same level as Q3.
  • Link to capital market presentation Q3 2023: group.mercedes-benz.com/q3-2023/en
    [1] In real driving conditions, deviations from the certified standard values may occur.