January 23, 2017 7:10 AM 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: 47
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: 47
Chief Technology Officer
Compensation as of Fiscal Year 2016.

Mercedes-Benz USA, LLC Key Developments

Mercedes-Benz USA Announce USA Sales Results for the Month and Year Ended December 2016

Mercedes-Benz USA announced USA sales results for the month and year ended December 2016. For the month, the company reported December sales of 37,057 vehicles, compared with 38,918 vehicles a year ago. For the year, the company posted grand total sales of 380,752 units, increasing 0.1% from 380,461 units for the previous year 2015.

Mercedes-Benz USA Reports Sales Results for the Month and Year to Date Ended November 2016

Mercedes-Benz USA reported sales results for the month and year to date ended November 2016. For the month, the company reported total sales of 33,490 vehicles against 33,475 vehicles a year ago. For year to date, the company reported total sales of 343,695 vehicles against 341,543 vehicles a year ago.

Mercedes-Benz USA Reports Sales Results for the Month and Year to Date Ended October 2016

Mercedes-Benz USA reported October sales of 28,659 vehicles, decreasing 1.0% from the 28,952 vehicles sold during the same month last year. Mercedes-Benz Vans also reported October sales with 2,724 units, down 2.7% and smart reported 418 units, bringing MBUSA grand total to 31,801 vehicles for the month, down 2.1% from last year sales of 32,472 vehicles. Mercedes-AMG high-performance models sold 1,903 units in October. Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 10,022 vehicles in October, an increase of 4.1% from last year (9,629). On a year-to-date basis, Mercedes-Benz retails totaled 277,863. Adding year-to-date-sales of 27,880 for Vans and 4,462 for smart, MBUSA posted a grand total of 310,205 units in October, increasing 0.7% from the previous year sales of 308,068 vehicles. Mercedes-AMG high-performance models sold 17,545 units year-to-date (up 40.8 %). On a year-to-date basis, Mercedes-Benz Certified Pre-Owned sold 102,256 vehicles, an increase of 2.9%.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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