Strong heritage: Mercedes-Benz is the legacy car brand with the longest representation in the United States: Established in 1888 in Long Island City, NY. Local production of vehicles in the U.S. started in 1905. Major local investor: USD 10+ billion investments to date (in production, infrastructure, Research & Development, design and the dealer network). USD 7+ billion went into our manufacturing site in Tuscaloosa, AL, alone; another USD 560+ million into our Charleston, SC, plant. • Big cars investor: More than USD 7+ billion car plant investments put in our manufacturing site in Tuscaloosa, AL, alone. • Big vans investor: Charleston plant founded in 2006. Total vans plant investment USD 560+ million. So far, assembled 400,000+ Metris, Sprinter, & eSprinter vans. The U.S. is the second largest market for Sprinter vans after Germany. • Big infrastructure investor: Total EV infrastructure investments for North American charging network amount to approx. USD 1.2 billion over the next 6-7 years. Mercedes me Charge: over 140,000 charging points; MB Charging Hubs: 12 locations open with plans to build around 10,000 charging points worldwide by the end of the decade; founding partner of IONNA which aims for at least 30,000 charging points across North America by 2030. Proud U.S. employer: We support more than 163,000 jobs: 11,100 direct jobs (of which around 8,000 in manufacturing), which safeguard an estimated 112,000 jobs across business suppliers and service providers. The 384 dealerships throughout the country employ another 28,000 people, which additionally secure an estimated 51,000 jobs. Nationwide presence: Footprint includes 24 locations across the U.S. (13 States) primarily producing cars and vans, several R&D locations and financial services as well as 384 dealer partners in every state of the country. Strong contributor to U.S. economy: More than 4.5 million cars and 400,000+ vans assembled locally in the United States to date. We have long been pursuing a local for local strategy and we keep looking into options to further localize. Our Tuscaloosa plant assembles GLE-, GLS-, GLE Coupe and Mercedes-Maybach GLS as well as EQE SUV, EQS SUV and Mercedes-Maybach EQS SUV for all global markets. Charleston delivers Sprinter and eSprinter vans for the U.S. and Canada.
ADO Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
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