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Mercedes-Benz Mobility in the annual reports

Please find below the annual reports of Mercedes-Benz Mobility (Daimler Mobility until 2021).

Annual Results Conference 2024

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Mercedes-Benz Mobility remains a strong partner for Mercedes-Benz Cars and Vans. In 2024, Mercedes-Benz Mobility´s total portfolio amounted to €138.1 billion (2023: €135.0 billion) while new business declined to €59.5 billion (2023: €62.0 billion). The adjusted EBIT came in at €1.1 billion (2023: €1.7 billion) and was impacted mainly due to a reduced interest margin resulting from interest rate developments and increased competition in the financial services sector, especially in China. As a result, the adjusted return on equity (RoE) declined to 8.7% (2023: 12.3%).

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Annual Results Conference 2023

In 2023, Mercedes-Benz Mobility saw new business increase by 7% to €62.0 billion (2022: €58.0 billion) in a competitive market environment with above average penetration rates for financed or leased electric vehicles. The total portfolio grew in 2023 to €135.0 billion (2022: €132.4 billion). Performance was impacted by a lower portfolio margin due to higher refinancing rates and intensified competition in the financial services sector, resulting in adjusted Earnings Before Interest and Taxes of €1.7 billion (2022: €2.4 billion).

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