All about Mercedes-Benz Group

On April 30, Mercedes Benz Group announced 2024 Q1 financial results.

For Q1, the Mercedes-Benz Group posted revenue of EUR 35.9 billion (down 4.4% YoY), adjusted EBIT of EUR 3.6 billion (down 33.6%), net profit of EUR 3.0 billion (down 24.6%).

Mercedes-Benz Cars sales decreased 8% YoY to 462,978 units in the first quarter. The decline was due to volume dips in the Top-End segment due to supply bottlenecks and model transitions. Mercedes-Benz Van sales increased 6.6% to 105,425 units.

Regarding 2024 outlook, the Mercedes-Benz Group expects revenues to remain at the prior-year level. In a market environment that remains challenging, Group EBIT is expected to be slightly below the previous year's level.

Based on Mercedes Benz press release

On April 29, Mercedes Benz announced the start of the S-Class 2025 model year.

The latest versions of this class can be ordered from the end of April 2024, while the first vehicles will arrive at the end of July for customers in Europe, at the end of August for the US. and September for China.

In addition to the new design, Mercedes Benz has added front headrests with additional cushions, the MBUX interface has been optimized, an occupant presence reminder has been added and the factory-installed Automatic Lane Change (ALC) function is included that offers an intelligent development of the SAE Level 2 driving assistance systems also in Europe.

All upgrades are also included in the S 680 Guard 4matic armored version with VAM VR10 protection that meets the highest ballistic test level for civil vehicles.

All variants of the Mercedes-Benz S-Class roll off the production line at Factory 56, where new models and transmission variants are quickly integrated into the current production line. 

(Mercedes Benz press release on April 29, 2024)

On April 25, Mercedes Benz announced that the Mercedes-AMG E 53 Hybrid 4MATIC+ is now available in both saloon and estate versions. The pricing starts at EUR 109,242 for the saloon and EUR 111,741 for the estate.

It comes with 3.0-litre six-cylinder in-line engine and an E-synchronous machine, it delivers an output of upto 585 hp (612 hp with Race Start) and 750 Nm of torque. It accelerates from 0 to 100 km/h in 3.8 seconds, with a top speed of 280 km/h. In electric mode, it can reach speeds of up to 140 km/h. The vehicle features a 120-kW electric motor integrated into the AMG SPEEDSHIFT TCT 9G transmission.

Based on Mercedes Benz press release