July 28, 2017 12:12 PM ET

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Company Overview of Mercedes-Benz USA, LLC

Company Overview

Mercedes-Benz USA, LLC is engaged in the marketing and distribution of Mercedes-Benz, smart, and Sprinter vehicles in the United States. It offers sedans, coupes, SUVs and wagons, convertibles and roadsters, and hybrid and electric vehicles. The company also provides vehicle and lifestyle accessories online. It offers its products and services through dealers and collision centers. Mercedes-Benz USA, LLC was formerly known as Mercedes-Benz of North America, Inc. The company was founded in 1965 and is headquartered in Montvale, New Jersey with an additional office in Long Beach, California. Mercedes-Benz USA, LLC operates as a subsidiary of Daimler AG.

One Mercedes Drive

Montvale, NJ 07645

United States

Founded in 1965

Phone:

201-573-0600

Fax:

201-573-0117

Key Executives for Mercedes-Benz USA, LLC

Chief Executive Officer and President
Age: 48
Chief Financial Officer and Vice President
General Manager of Corporate Finance, Controlling and Risk
Executive Vice President of Sales and Marketing for Mercedes-Benz Cars
Age: 48
Chief Technology Officer
Compensation as of Fiscal Year 2017.

Mercedes-Benz USA, LLC Key Developments

Mercedes-Benz USA Reports Sales Results for the Month and Year to Date Ended June 2017

Mercedes-Benz USA reported sales results for the month and year to date ended June 2017. For the month, the company reported sales of 32,328 vehicles against 31,965 vehicles a year ago. For year to date, the company reported sales of 179,743 vehicles against 181,132 vehicles a year ago.

Mercedes-Benz USA Announces Sales Results for the Month and Year to Date Ended May 2017

Mercedes-Benz USA announced sales results for the month and year to date ended May 2017. For the month, the company reported sales were 26,893 units, a decrease of 8.2%, compared to 29,299 units for May 2016. Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 10,887 vehicles in May, a decrease of 4.0% when compared to the same month last year (11,343). On a year-to-date basis, the company reported sales retails totaled 132,966 units, down 1.0% from the previous year, which was an all-time record for MBUSA. Adding 3,066 units for Vans and 331 units for smart, MBUSA achieved a grand total of 30,290 vehicles for the month, down 7.0% from May of last year. MBCPO sold 51,239 vehicles, an increase of 1.1% over 2016 (50,700). Mercedes-AMG high-performance models sold 2,848 units in May, with a total of 14,317 units sold year-to-date (up 53.2%).

Mercedes-Benz USA Announces Sales Results for the Month and Year to Date Ended April 2017

Mercedes-Benz USA announced sales results for the month and year to date ended April 2017. For the month, the company reported April sales volume at 26,932 units, decreasing 7.9% from the 29,236 vehicles sold during the same month last year. Mercedes-AMG high-performance models sold 3,130 units in April. Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 9,874 vehicles in April, a decrease of -1.8% when compared to the same month last year (10,054). For the year-to-date basis, the company sales retails totaled 106,073 units, increasing 1.0% from the previous year, which was a record for MBUSA. Adding 2,193 units for Vans and 365 units for smart, MBUSA achieved a grand total of 29,490 vehicles for the month, down 8.7% from last year, and up 0.5% year-to-date (117,125). Mercedes-AMG high-performance models sold a total of 11,469 units sold year-to-date (up 48.3%). On a year-to-date basis, MBCPO sold 40,352 vehicles, and increase of 2.5% over 2016 (39,357).

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Recent Private Companies Transactions

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