
Mercedes-Benz Group AG
MBG.DE
MBG.DE Fair Price

My Notes
Začít psátFeed
🚗 Europe confirms the end of the internal combustion engine in 2035 - what does this mean for European carmakers? ⚡
European Commission has confirmed its plan to completely phase out the sale of new cars with internal combustion engines from 2035. The move is part of a wider strategy to decarbonise transport, but comes at a time when the popularity of electric cars is slowing...
Read more
🚗 Mercedes-Benz announces bad results: profit down, lower sales and pressure on electric cars!
Mercedes-Benz $MBG.DE announced results for 2024 that didn't please too much. Profit dropped by 28 % to 10.4 billion euros, mainly due to lower sales in the key markets of Germany and China. The carmaker is now trying to adapt to the new reality and plans to cut costs by 2027 by 10 %,...
Read more
Zobrazit další komentáře

Great company, however, I don't find European car companies interesting anymore, as they are really not doing well right now.
📅 Key events of the week: What to watch out for in the markets?
This week will bring key economic data, earnings reports and events that could impact global markets. Here's my round-up of the highlights:
🟥Monday:
Presidents Day (Presidents Day) - US stock markets will be closed.
🗣️ Tuesday:
Trump & Musk interview on Fox News - possible market reactions to topics related to...
Read more
Zobrazit další komentáře

Awesome these posts are advisory, they always get me in the mood for the next week. Otherwise the Trump and Musk thing, well it may be interesting but I'm more interested in Apple and then the $VICI thing plus after the recent $CVS rise I'm also curious about the $MDT and Healthcare sector even if it doesn't have some direct effect on CVS. $OXY and $RIO I'm also holding so I'm curious.
📉 Mercedes-Benz to focus on cost cutting after profit falls by half!
Mercedes-Benz $MBG.DE has reported a significant drop in profits for the third quarter of 2024, more than halving from the same period last year. This drop was mainly due to lower demand for luxury cars in the key Chinese market and fierce competition on the global stage 🚗
CFO Harald Wilhelm acknowledged that...
Read more
Zobrazit další komentáře

European car companies currently suck. For me, it's either the US or China.
📅 Key events of the week worth investors' attention!
This week we have results from interesting and important companies that can move the markets!
🌍 Monday: IMF Meeting - The International Monetary Fund often adjusts the global economic outlook, which can have a major impact on market sentiment. Keep an eye on these important outlooks and their impact on the markets.
🌐Tuesday: BRI...
Read more
Zobrazit další komentáře

I was looking at the portfolio yesterday and I have to say that the $TSLA makes me happy😃😂
Mercedes shares fall 8% on lower profit outlook
- Profit outlook cut: Mercedes $MBG.DE expects significantly lower pre-tax profit compared to the previous year.
- Weak demand in China: The Chinese market, a key market for Mercedes, saw a decline, which negatively impacted the outlook.
- Trade tensions: Rising tensions between the EU, the US and China are increasing pressure on...
Read more
Zobrazit další komentáře

An 8% drop in the stock is quite a lot. Well, the car companies aren't doing so well right now, so I won't be buying.
🔍 The EU car market is in decline! 🚗
August 2024 brought worrying signs for the European automotive industry. New car registrations have fallen by 18,3 % across the major markets. This reflects not only short-term problems, but also long-term changes that could fundamentally affect investment in the EU automotive industry. 📉
📊 Electric cars at a crossroads? ⚡️
The biggest decline...
Read more
Zobrazit další komentáře

The problem is not whether combustion or EV (EV is simply much better both in terms of production and user) but further development of production technology. While Europe is running a classic Ford line only supplemented by single purpose robots. Tesla closely followed by China has switched to Gigapress production, unboxing, and it will all be controlled by universal robots. Moreover, China has wisely let its competitors sink a lot of money into the technologically obsolete factories it has allowed them to build while itself learning from Tesla. These Chinese capabilities of European manufacturers are now uncompetitive, as are their parent companies, purely because of the cost of production. The tragedy of VW was that when Dies explained to them a few years ago that it was impossible to produce a car in several times Tesla's time and pushed for efficiency, the union pressured the owners to get rid of him. Well they ended up closing factories instead of radically upgrading them with this approach. Which is the only thing that would help them. So now they're leaning out production and trying to bridge the technology gap by working with "startups" Rivian, QS. And the familly trust Porsche Piech also separated Porsche under its control. Probably to save some of what their ancestors built. 🤷♂️
Zobrazit další komentáře

It's creating an interesting discount there. I think European car companies will survive, but they will simply have a harder time than those from China.
🚗📈 Mercedes-Benz and the important transition to electromobility! 🌱
Company results Mercedes-Benz for the first quarter 2024 reveals a decline in sales, but at the same time shows an increase in the share of electric vehicles.
Mercedes-Benz joins a group of European automotive giants that today reveal their financial results for the first quarter 2024.
...Read more
Zobrazit další komentáře

It's a quality company and the dividend is attractive. Thanks for the info😁
Zobrazit další komentáře

So that's very good news, which I like, but I don't have Mercedes stock in my portfolio and probably don't want it. I only have $P911.DE in my portfolio from this sector.
The question is whether the end of the internal combustion engine is the right way to go and whether it will only harm European carmakers.