Mercedes-Benz Group AG traded at 40.88 this Tuesday September 29th, decreasing 0.56 or 1.34 percent since the previous trading session. Looking back, over the last four weeks, Mercedes-Benz AG lost 13.44 percent. Over the last 12 months, its price fell by 23.56 percent. Looking ahead, we forecast Mercedes-Benz Group AG to be priced at 40.19 by the end of this quarter and at 37.08 in one year, according to Trading Economics global macro models projections and analysts expectations.
Daimler AG (Daimler) is a Germany-based automotive engineering company. The Company engages in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Its segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services. The Mercedes-Benz Cars segment includes vehicles of the Mercedes-Benz brand, including the brands, Mercedes-AMG and Mercedes-Maybach, and small cars under the smart brand, as well as the Mercedes me brand. The Daimler Trucks segment develops and produces vehicles under the brands, including Mercedes-Benz, Freightliner, Western Star, FUSO and BharatBenz. The Mercedes-Benz Vans sells vans under the brand name Mercedes-Benz and the Freightliner brand. The Daimler Buses segment sells completely built-up buses under brand names, including Mercedes-Benz and Setra. The Daimler Financial Services segment supports the sales of its automotive brands worldwide.