Mercedes-Benz Group

The European edition of the Fortune 500, ranking companies by revenue.

Fortune 500 Europe

The corporations on our annual list of the world's 500 largest companies combined to generate $41.7 trillion in revenue over the past year.

Fortune Global 500

What companies are leading in innovation in Europe in 2025?

Europe's Most Innovative Companies

The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

The corporations on our annual list of the world’s largest companies delivered a record $41 trillion in aggregate revenues.

G500-2023-Mercedes Benz

The German luxury-vehicle brand Mercedes-Benz Group is undertaking a green push, hoping to have electric vehicles account for half its auto sales by 2025 and transition its full lineup to electric by the next decade. 
<ul> 
 	<li>The company had a difficult 2022, with profits declining 44% from 2021 because of slow demand in Europe, high prices for energy and materials, and inflation.</li> 
 	<li>The group inked several deals to retool its automotive production to be more carbon neutral, including new partnerships with battery cell and lithium hydroxide sources.</li> 
 	<li>In January 2023, Mercedes-Benz announced plans to create a global charging network for electric vehicles, spanning North America, China, and Europe.</li> 
</ul>

The first-ever European edition of the Fortune 500, ranking companies by revenue. 

F500-Europe 2023-Mercedes-Benz

Germany’s Mercedes-Benz Group sold 2.5 million vehicles last year and employed about 170,000 people. The company had a challenging 2022 with easing demand in Europe, and soaring energy and raw material costs. Profit declined 43.9% from 2021 following the spin-off of Daimler Trucks in December that year, though earnings before interest and tax were up more than a quarter in euro terms.   
<ul> 
 	<li data-leveltext="●" data-font="Verdana" data-listid="69" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Verdana&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;●&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="1" data-aria-level="1">Mercedes doubled electric vehicle deliveries in 2022, and wants them to account for half of auto sales by 2025, with a full transition to electric by 2030. However, CEO Ola Källenius has recently suggested the company is unlikely to meet the latter target.  </li> 
 	<li data-leveltext="●" data-font="Verdana" data-listid="69" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Verdana&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;●&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="1" data-aria-level="1">The group had strong results in the first half of 2023, with sales particularly buoyant for vans and top-end cars, and in Germany, which grew 23% against the same period last year.   </li> 
 	<li data-leveltext="●" data-font="Verdana" data-listid="69" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Verdana&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;●&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="1" data-aria-level="1">Mercedes-Benz became the first automotive company to receive government approval to run Level 3 autonomous driving in the U.S., announcing in January 2023 that the Drive Pilot feature in some of its vehicles met the technical specifications for self-certification in Nevada.</li> 
</ul>

Just as it dominates our economy, Big Tech now dominates Fortune’s annual ranking of corporate reputation.

World's Most Admired Companies

Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

G500 2022-38 Mercedes Benz

The Mercedes-Benz Group finished 2021 on a high note, reporting high profit margins while racking up $158 billion in revenue. But it saw sales drop 16% in the second quarter of 2022, and the firm’s stock fell nearly 40% in the first half of the year. One reason for the decline is the semiconductor shortage afflicting the entire auto industry; slowed production owing to pandemic lockdowns has also been a factor. On the sustainability front, CEO Ola Källenius has outlined the group’s plan to increase its share of EVs to account for half of its auto sales by 2025; the company hopes to be fully electric in the next decade.

After a year in which humanity leaned more heavily than ever on tech giants, see which companies topped Fortune's ranking of corporate reputation.

Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

G500-2021-024-Daimler

Daimler enjoyed a solid 2020 thanks to demand in China and a strong premium car market that boosted its Mercedes brand. Annual operating profit would have even grown had it not been for a poor year in its commercial truck business. Chief executive Ola Källenius has since sought to protect Mercedes by breaking the company up, with its trucks business set to float as a separate entity by the end of 2021. After the flop of the Mercedes EQC battery-powered sport utility vehicle, the carmaker is now hoping to rebuild its reputation for innovation with the EQS, its first purpose-built battery electric vehicle (BEV). As early as 2030, the company wants more than half the cars it sells to be zero-emission vehicles or plug-in hybrids.

These companies use the creative tools of capitalism—including the profit motive—to address society’s unmet needs.

CTW 2021-06-Daimler

The world’s low-carbon future depends, to an extraordinary degree, on cobalt. The heat-resistant metal has a melting point of 1,493˚ C, making it an ideal material to ensure lithium-ion batteries—the kind found in electric vehicles—don’t catch fire when we power them on. 
 
&nbsp; 
 
Sixty percent of the world’s refined cobalt comes from the copper-and-cobalt belt in the Democratic Republic of the Congo. And therein lies an ethical dilemma for EV automakers. For the past decade, mining in the DRC has been synonymous with human rights abuses, and particularly with child labor: A staggering number of children <a class="c-link" href="https://fortune.com/longform/blood-sweat-and-batteries/" target="_blank" rel="noopener noreferrer" data-stringify-link="https://fortune.com/longform/blood-sweat-and-batteries/" data-sk="tooltip_parent" data-remove-tab-index="true">toil in the region’s open-pit mines</a>. 
 
&nbsp; 
 
One company stepping up to change that is Mercedes-Benz parent company Daimler. As the German auto giant <a class="c-link" href="https://fortune.com/2021/07/22/mercedes-benz-electric-vehicles-evs-tesla-climate-change/" target="_blank" rel="noopener noreferrer" data-stringify-link="https://fortune.com/2021/07/22/mercedes-benz-electric-vehicles-evs-tesla-climate-change/" data-sk="tooltip_parent" data-remove-tab-index="true">ramps up its EV ambitions</a>, it has also set out to map all the places on the planet—from mines to smelters—that handle cobalt for its batteries. It has sent teams of assessors to one-third of the locations, aiming to certify that each supplier meets its strict standards—including no kids in the mines and no contaminants spewed into the environment. For more, read "<a href="https://fortune.com/2021/10/11/daimler-child-labor-ev-battery-supply-chain">Daimler tackles the dirty secret behind clean cars</a>."

Change the World

For an astounding 13th straight year, Apple claims the top spot in Fortune’s annual ranking of corporate reputation, based on a survey of almost 3,800 executives, directors, and analysts.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

G500-2020-020-Daimler

With revenues slipping 2% and profits taking a walloping amid slumping demand, it was not a great first year for Swedish businessman Ola Källenius at the helm of the iconic German automaker. Not only were sales weak, but the company faced a string of challenges, from faulty airbags to continued fallout from allegations that it had misled customers about toxic emissions from some of its diesel vehicles. (The company denies it did anything wrong.) The rollout of several new models was also delayed. And that was before the coronavirus pandemic hit. To restore growth, Källenius has his work cut out for him. The CEO is focusing on aggressive cost-cutting and ramping up business in China. Daimler is also is planning a major push into electric vehicles, with five models, plus an additional 20 hybrids, due to hit the market by year-end.

Here are the World's Most Admired Companies for 2019 as ranked in their industries. See who made the list.

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

Here are the World's Most Admired Companies for 2018 as ranked in their industries. See who made the list.

Here are the World's Most Admired Companies for 2017 as ranked in their industries. See who made the list.

Here are the World's Most Admired Companies for 2016 as ranked in their industries. See who made the list.

This year's Fortune Global 500 generated $27.6 trillion in revenues and $1.5 trillion in profits.

Business insiders have spoken: Asked which companies they most admire, more than 4,100 executives, directors, and analysts chose these top 50 All-Stars.

The world's 500 largest companies generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014. Together, this year's Fortune Global 500 employ 65 million people worldwide and are represented by 36 countries.

Global business is back. After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies ranked by revenues shattered all sorts of performance records in 2013: They racked up combined revenues of $31.1 trillion, up 2.5% from 2012, and profits soared 27% to nearly $2 trillion. China’s 95 companies (up from 89 last year) posted $5.8 trillion in revenues. The U.S. has four fewer companies on the list than last year but remains (for now) the country leader, with 128 corporations on the list—including No. 1 Wal-Mart Stores—reporting $8.6 trillion in revenues. 

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Mercedes-Benz Group is recognized for its premium vehicles and innovative mobility solutions. The company develops, produces and markets passenger cars and vans under the Mercedes-Benz and smart brands. Alongside its core vehicle business, the group supports electrification, digitalization and sustainable mobility initiatives across its global operations.

Mercedes-Benz Group (MBGYY): Company Profile, Stock Price, News, Rankings

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Mercedes-Benz Group | Fortune

Mercedes-Benz Group (MBGYY): Company Profile, Stock Price, News, Rankings | Fortune

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Mercedes-Benz Group

Mercedes-Benz Group in Fortune Rankings

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