Overview
Description
Mercedes-Benz Group AG is a global leader in the automotive industry, known for its production of luxury vehicles and high-performance cars. As an American Depositary Receipt (ADR), the asset allows investors to gain exposure to Mercedes-Benz Group AG, a major German multinational corporation, through U.S. stock exchanges. This offering makes it easier for U.S. investors to invest in the foreign company without dealing with the complexities of international trading. Mercedes-Benz is synonymous with innovation in automobile engineering and design, impacting sectors such as electric vehicles, autonomous driving technology, and sustainability in automotive manufacturing. Known for its iconic brands like Mercedes-Benz and smart, the company plays a significant role in shaping driving experiences globally. By providing access to the German automotive giant through ADRs, Mercedes-Benz Group AG contributes to diversifying investment portfolios for those interested in tapping into the automotive sector's advancements.
About
CEO
Mr. Ola Kallenius
Employees
163132
Address
Mercedesstrasse 120
Stuttgart, 70372
Stuttgart, 70372
Phone
49 7 11 17 0
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Country
Germany
MIC code
XFRA