Mercedes-benz Group Ag · XETR:MBG

Mercedes-benz — Q1 2023 Earnings Presentation

97 slides from Mercedes-benz's earnings presentation, 2023

  1. Slide 1: Roadshow Presentation Q1 2023

    Roadshow Presentation Q1 2023 Mercedes-Benz Group AG

  2. Slide 2: Agenda

    AGENDA I. Results Q1 2023 II. Outlook FY 2023 III. Strategy 1. Mercedes-Benz Cars 1.1 Luxury Strategy 1.2 Electrification 1.3 Automated Driving & Operating System 2. Mercedes-Benz Vans 3. Mercedes-Benz Mobility

  3. Slide 3: Mercedes-Benz Group: Key figures

    Mercedes-Benz Group: Key figures Revenue EBIT EBIT adj. Free Cash Flow (IB) Net Industrial Liquidity in billion euros in billion euros in billion euros in billion euros in billion euros +8% +5% +2% +8% 37.5 5.5 5.4 28.9 5.2 5.3 26.6 34.9 +78% 2.2 1.2 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q

  4. Slide 4: Mercedes-Benz Cars: Key messages

    Mercedes-Benz Cars: Key messages Performance: Significant Top-End sales and almost doubled BEV sales Profitability: Strong net pricing and double-digit margin demonstrating weatherproofed business Products: New Mercedes-Maybach EQS SUV and all new E-Class unveiled, EQE SUV start of sales Strategy: M

  5. Slide 5: Mercedes-Benz Cars: Top-End and electric vehicle unit sales

    Mercedes-Benz Cars: Top-End and electric vehicle unit sales In thousand units +3% 503 487 +18% +24% Top-End 78 92 92* 92 10 G 78* 7 Maybach 74 8 6 52 BEV 248 Core 280 40 AMG 27 28 S EQS 47 163 46 48 GLS 40 PHEV Entry ** 129 EQS SUV Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Total MBC Top-End El

  6. Slide 6: Mercedes-Benz Cars: Financials

    Mercedes-Benz Cars: Financials Sales Revenue EBIT adj. CFBIT adj. in thousand units in billion euros in billion euros in billion euros +3% +8% -3% 503.5 487.0 27.8 4.2 4.1 25.8 +80% 3.0 1.7 +6% 76.0* 71.5* Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q1 2022 Q1 2023 * ASP in thousand euros excl.

  7. Slide 7: Mercedes-Benz Cars: Q1 2023 EBIT & RoS

    Mercedes-Benz Cars: Q1 2023 EBIT & RoS In million euros Gross Profit +591 1,342 -203 4,271 4,243 -548 -127 -46 4,113 35 4,148 -28 -292 -257 RoS: RoS: RoS: RoS: 16.5% 16.4% Strongly improved net pricing 14.8% 14.9% Slightly increased unit sales & favourable product mix Higher raw material prices and

  8. Slide 8: Mercedes-Benz Cars: EBIT to CFBIT

    Mercedes-Benz Cars: EBIT to CFBIT In million euros 4,148 350 1,521 -835 2,981 39 3,020 -481 -1,722 CCR: CCR: 0.7 0.7 t/o • Inventories - 2,899 • Legal proceedings + 72 • Trade receivables + 249 t/o • Restructuring + 92 • Trade payables + 1,815 • Result at-equity BBAC - 426 • M&A transactions - 125 N

  9. Slide 9: Mercedes-Benz Vans: Key messages

    Mercedes-Benz Vans: Key messages Performance: Healthy sales with strong earnings Profitability: Strongly improved net pricing outweighs cost inflation Products: World premiere of new eSprinter very well perceived Strategy: Virtual Van CMD on May 16 Roadshow Presentation Q1 2023 9

  10. Slide 10: Mercedes-Benz Vans: Electric vehicle unit sales

    Mercedes-Benz Vans: Electric vehicle unit sales In thousand units +12% 99 +22% 3.6 89 2.9 thereof thereof Q1 2022 Q1 2023 Q1 2022 Q1 2023 Total MB Vans Battery electric vehicles Share in % of volume 3% 4% Roadshow Presentation Q1 2023 10

  11. Slide 11: Mercedes-Benz Vans: Financials

    Mercedes-Benz Vans: Financials Sales Revenue EBIT adj. CFBIT adj. in thousand units in billion euros in million euros in million euros +12% 98.9 +25% 4.6 +54% 88.5 719 3.7 +3% 466 450 437 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Roadshow Presentation Q1 2023 11

  12. Slide 12: Mercedes-Benz Vans: Q1 2023 EBIT & RoS

    Mercedes-Benz Vans: Q1 2023 EBIT & RoS In million euros Gross Profit +320 599 9 5 43 762 719 -288 -31 -26 -14 118 466 348 RoS: RoS: 15.6% 16.5% Strongly improved net pricing RoS: RoS: Significantly increased unit sales 12.6% 9.4% • Russia + 51 Higher raw material prices and one time commodity charge

  13. Slide 13: Mercedes-Benz Vans: EBIT to CFBIT

    Mercedes-Benz Vans: EBIT to CFBIT In million euros 762 19 103 -102 -142 40 450 410 -230 CCR: CCR: 0.5 0.6 t/o • Inventories - 545 t/o • Trade receivables + 124 • Provisions - 124 • Legal proceedings + 37 • Trade payables + 319 • Result at-equity FBAC - 24 • Restructuring + 3 Net investments Deprecia

  14. Slide 14: Mercedes-Benz Mobility: Key messages

    Mercedes-Benz Mobility: Key messages Business: Stable portfolio and penetration rate development Performance: Stable cost of credit risk despite challenging environment reflecting high portfolio quality Profitability: Interest margin impacted by headwinds from higher interest rates Strategy: Activel

  15. Slide 15: Mercedes-Benz Mobility: Financials

    Mercedes-Benz Mobility: Financials New Business Contract Volume EBIT adj. in billion euros in billion euros in million euros +1% -2% 14.5 14.7 134.4 131.3 -26% 733 539 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Q1 2022 Q1 2023 Roadshow Presentation Q1 2023 15

  16. Slide 16: Mercedes-Benz Mobility: Q1 2023 EBIT & RoE

    Mercedes-Benz Mobility: Q1 2023 EBIT & RoE In million euros 733 0 733 14 -1 -138 -18 539 0 539 -17 -35 RoE: RoE: 20.2% 20.2% RoE: RoE: Stable portfolio and penetration rate development 15.6% 15.6% Stable cost of credit risk despite challenging environment reflecting high portfolio quality Interest m

  17. Slide 17: Mercedes-Benz Group: Group EBIT

    Mercedes-Benz Group: Group EBIT In million euros 253 192 5,422 82 5,504 5,229 72 5,301 -130 -194 • Legal proceedings + 281 • M&A transactions - 918 • Russia + 709 • Legal proceedings + 82 EBIT EBIT EBIT Mercedes-Benz Mercedes-Benz Mercedes-Benz EBIT Adjustments adjusted Reconciliation adjusted Adjus

  18. Slide 18: Reconciliation from CFBIT to Free Cash Flow

    Mercedes-Benz Group: Reconciliation from CFBIT to Free Cash Flow* In million euros 410 2,981 2,164 81 2,245 -989 -45 -98 -95 • Legal proceedings + 105 • M&A transactions - 125 • Restructuring + 101 Free cash flow Free cash flow Mercedes-Benz Mercedes-Benz Income taxes Effects from Other reconciling

  19. Slide 19: Mercedes-Benz Group: Net Industrial Liquidity

    Mercedes-Benz Group: Net Industrial Liquidity In billion euros 3.1 1.6 0.3 0.1 28.9 26.6 -0.9 -1.9 Free cash flow industrial business Q1 2023: € 2.2 billion Additions to Net Industrial Earnings and Depreciation and Investments in Net Industrial Working capital property, plant, Liquidity other cash f

  20. Slide 20: Agenda

    AGENDA I. Results Q1 2023 II. Outlook FY 2023 III. Strategy 1. Mercedes-Benz Cars 1.1 Luxury Strategy 1.2 Electrification 1.3 Automated Driving & Operating System 2. Mercedes-Benz Vans 3. Mercedes-Benz Mobility

  21. Slide 21: Mercedes-Benz Divisional Guidance 2023

    Mercedes-Benz Divisional Guidance 2023 ASSUMPTION With regional differences the overall growth momentum of the world economy is likely to remain rather subdued for the rest of the year. High, albeit gradually declining, inflation rates in many markets combined with very restrictive monetary policies

  22. Slide 22: Mercedes-Benz Group Guidance 2023

    Mercedes-Benz Group Guidance 2023 ASSUMPTION With regional differences the overall growth momentum of the world economy is likely to remain rather subdued for the rest of the year. High, albeit gradually declining, inflation rates in many markets combined with very restrictive monetary policies at m

  23. Slide 23: Agenda

    AGENDA I. Results Q1 2023 II. Outlook FY 2023 III. Strategy 1. Mercedes-Benz Cars 1.1 Luxury Strategy 1.2 Electrification 1.3 Automated Driving & Operating System 2. Mercedes-Benz Vans 3. Mercedes-Benz Mobility

  24. Slide 24: Strategic priorities for 2023

    Strategic priorities for 2023 Safeguard our Further upgrade Maintain Continue Future-proof operating customer cost scaling BEVs supply chains optimum experience discipline Roadshow Presentation Q1 2023 24

  25. Slide 25: Three levers to sustainably improve our cash flow

    Three levers to sustainably improve our cash flow “Improve “Establish “Free up cash” cash flow steering” cash flow culture”  Reduction of working capital:  Creating more  Cash flow as part of the from purchase to production transparency and Mercedes-Benz DNA: from to sales visibility management t

  26. Slide 26: Agenda

    AGENDA I. Results Q1 2023 II. Outlook FY 2023 III. Strategy 1. Mercedes-Benz Cars 1.1 Luxury Strategy 1.2 Electrification 1.3 Automated Driving & Operating System 2. Mercedes-Benz Vans 3. Mercedes-Benz Mobility

  27. Slide 27: The original and most valuable luxury car brand

    Mercedes-Benz – The original and most valuable luxury car brand Heritage: Formula 1: Mercedes-Benz is built on constant reinvention The power of F1 for our brand 37% female 54% under 35 823 m fans Source: Interbrand Best Global Brands 2021 Roadshow Presentation Q1 2023 27

  28. Slide 28: There's no luxury without sustainability

    Zeitgeist relevance: There’s no luxury without sustainability Our sustainability goals: 2022 Mid-Decade 2030 2039 Net carbon-neutral Up to Ready to go all electric Net carbon-neutral production 50% xEVs where market conditions allow Roadshow Presentation Q1 2023 28

  29. Slide 29: Approaching our customers

    Approaching our customers 20 80% 25% Roadshow Presentation Q1 2023 29

  30. Slide 30: Exclusivity: Significant progress with top-end vehicles

    Exclusivity: Significant progress with our top-end vehicles and increasingly electric with even more conquest potential +27% ~60% Expected growth of top-end vehicle share Top-end vehicle unit sales 2022 vs. 2019 of total Mercedes-Benz sales 2019-2026 Roadshow Presentation Q1 2023 30

  31. Slide 31: Our game plan: generate returns consistent with luxury status

    Our game plan: generate returns consistent with our luxury status - Focus on pricing power - Drive ASP higher - Optimise product portfolio - Find a superior operating equilibrium - Tap full potential of top-end segment - Structurally higher profitability and improved - Exit lower margin products mar

  32. Slide 32: The power of pricing is part of our strategy

    The power of pricing is part of our strategy Key Levers - Superior brand drives pricing power - Strong products enable ambitious initial price setting versus competition - Sustainable price escalation - Tight discounts: from sales push to lifecycle management - Direct sales model allows grip on pric

  33. Slide 33: Reshaped model portfolio will drive profitable sales growth

    Reshaped model portfolio will drive profitable sales growth Change of Mercedes-Benz 2021-2026 segment share in 2.3 m cars 1.9 m cars Car Sales CAGR approx. 5% p.a. 2026 vs. 2019 Around Top-End Luxury +60% Core Luxury 0% Entry Luxury -25% 2019 2021 2026 Roadshow Presentation Q1 2023 33

  34. Slide 34: Entry Luxury – Focus & Elevate

    Entry Luxury – Focus & Elevate - Elevate to Entry Luxury 680k 570k - Product range refocused on fewer and more upscale portfolio positions: 4 bodystyles instead of 7 -25% - The new entrance point of the portfolio is being redefined with the next around +20% significantly up generation of vehicles -

  35. Slide 35: Core Luxury – Grow & Refine

    Core Luxury – Grow & Refine - Core Luxury going electric on an accelerated timescale, leveraging EVA 1.350k 1.030k (EQE, EQE-SUV) and then MB.EA architectures flat - Very attractive C-Class in the market GLC launched end of 2022 Brand new E-Class in 2023 around +25% regular price adjustments - Prote

  36. Slide 36: Top-End Luxury – Expand & Enhance

    Top-End Luxury – Expand & Enhance - Starting point: Over 300k top-end luxury units with ASP of > € 100k and 250k 305k top-end profitability - Sustainable segment growth +60% - Desirable products fueling growth: EQS, EQS-SUV, EQS-SUV Maybach, SL, GT, AMG-EA around +15% regular price adjustments - Ult

  37. Slide 37: Changing our economic equation

    Changing our economic equation - Enhance ROIC: control the denominator while raising the numerator (operating and cash margins) - Drive growth through high utilisation, ‚reverse auction‘ of available capacity to build the most profitable models - 75% of capital allocation focused on top-end and core

  38. Slide 38: Financial ambitions for Mercedes-Benz Cars in 2025

    Our financial ambitions for Mercedes-Benz Cars in 2025: structurally higher profitability and lower margin volatility Market level, competitive actions, commodity and raw material markets > -20% vs. 2019 > -20% vs. 2019 > -20% vs. 2019 > -20% vs. 2019 > -20% vs. 2019 > -20% vs. 2019 approx. 8%/10% a

  39. Slide 39: Bottom line

    Bottom line We cannot control macro- or world events. But we are redesigning & repositioning Mercedes-Benz to ensure a structurally more profitable company. Roadshow Presentation Q1 2023 39

  40. Slide 40: Agenda

    AGENDA I. Results Q1 2023 II. Outlook FY 2023 III. Strategy 1. Mercedes-Benz Cars 1.1 Luxury Strategy 1.2 Electrification 1.3 Automated Driving & Operating System 2. Mercedes-Benz Vans 3. Mercedes-Benz Mobility

  41. Slide 41: Today's proportional CO2 impact along the value chain

    Supply chain Production & logistics Well-to-tank Tank-to-wheel End-of-life TODAY’S PROPORTIONAL CO2 IMPACT ALONG THE VALUE CHAIN 49.7 tCO2 in 2020 - 47.8 tCO2 in 2022 - more than half per decade Roadshow Presentation Q1 2023 41

  42. Slide 42: Roadshow Presentation Q1 2023

    Roadshow Presentation Q1 2023 42

  43. Slide 43: At the end of the decade, our focus will be on BEV only

    At the end of the decade, our focus will be on BEV only By 2025, our customers will be able to choose an all-electric alternative for every model we make 2019 EQC It’s our ambition to drive the plug-in hybrid & BEV share up to 50% by mid-decade. By the end of the decade, we 2020 will be ready to go

  44. Slide 44: The EQS: The first electric vehicle in the luxury class

    The EQS: The first electric vehicle in the luxury class Launched in 2021 WLTP ranges of up to 780 kilometres1 With its Cd figure2 from as low as 0.20 the EQS is the world's most aerodynamic production car. Drive powers from 245 to 385 kW. A performance version with up to 560 kW is being planned Powe

  45. Slide 45: The EQE: The new business avant-garde

    The EQE: The new business avant-garde Global launch: mid-2022 Depending on the on-board equipment and configuration, WLTP operating ranges of up to 654 kilometres* A lithium-ion battery with 10 cell modules is installed In 15 minutes it is possible to charge the EQE with up to 35.55 kWh – this corre

  46. Slide 46: The EQS SUV: Redefined SUV luxury

    The EQS SUV: Redefined SUV luxury Launch: Second half of 2022 WLTP ranges of up to 671 kilometres1 Lithium-ion battery with up to 12 cell modules DC fast charging system with a charging capacity of up to 200 kW In 15 minutes, power corresponding to a range of up to 250 kilometres2 can be recharged o

  47. Slide 47: EQE SUV: High-tech and luxury meet versatility

    EQE SUV: High-tech and luxury meet versatility Launch: First half of 2023 The multi-purpose variant of the EQE business saloon WLTP ranges of up to 590 kilometres1 AMG Lithium-ion battery of 10 cell modules DC charging system with a charging capacity of up to 170 kW In 15 minutes, power correspondin

  48. Slide 48: Mercedes-Maybach EQS SUV: The brand's first all-electric model

    Mercedes-Maybach EQS SUV: The brand’s first all-electric model Premiere: April 2023 Redefining automotive excellence in the age of electro mobility Maximum luxury and comfort with a cocooning effect in the rear Extraordinary driving experience with Maybach driving programme and maximum noise comfort

  49. Slide 49: On the way to an all-electric future

    We are on the way to an all-electric future - MMA followed by three “electric only” architectures mid-decade MEDIUM AND FULL-SIZE CARS PERFORMANCE ELECTRIC NEW ERA Scalable modular system for VEHICLES For electric vans and light our EV portfolio Architecture commercial vehicles * where market condit

  50. Slide 50: Expanding activities in battery cells and systems with partners

    Together with our partners, we will expand our activities in battery cells and systems Our target: Capacity of more than 200 Gigawatt hours Needed battery volume for all car lines 200 Gwh Local-for-local strategy with partners and new cell factories around the world Envision AESC  Cell production i

  51. Slide 51: By joining ACC, we build a European battery champion

    By joining ACC, we build a European battery champion We take a one third stake in Automotive Cells Company (ACC). Our goal: Joint development and production of cells and modules in Europe. ACC will reach a capacity of at least 120 Gigawatt hours in Europe by the end of the decade. ACC will supply Me

  52. Slide 52: Developing the next generation battery cell technology

    Developing the next generation battery cell technology High-Silicon Anode: increasing energy density Expected energy density by using silicon-carbon composite in the anode Solid-State: pushing energy density beyond limits of conventional lithium-ion cell, doubling energy capacity and Solid-State red

  53. Slide 53: In-house electric drive units are a key part of our strategy

    In-house electric drive units are a key part of our strategy Ultra-high performance axial flux motors for our forthcoming AMGs. Axial flux technology allows for unmatched power density, performance, acceleration. Electric motor and power electronics company YASA Ltd. is a fully owned subsidiary of M

  54. Slide 54: VISION EQXX – taking electric range and efficiency to a new level

    VISION EQXX – taking electric range and efficiency to an entirely new level Efficiency means achieving more from less. The VISION EQXX is packed with efficiency improvements that push the envelope with a mixture of advanced technology and talented teamwork. Following its record-breaking maiden drive

  55. Slide 55: Global branded high-power charging network

    Mercedes-Benz to launch global branded high-power charging network, starting in North America More than 10,000 high-power chargers worldwide by the end of the decade Convenient locations with amenities nearby Accessible for drivers of all car brands Green charging with Mercedes me Charge Pre-booking

  56. Slide 56: BEV cost reduction focus

    BEV cost reduction focus Key levers Variable costs per unit* Material and manufacturing cost reduction of 1% until 2025 Further cost reduction on electric drive train from 2025 to 2030 Decreasing cell costs and common battery platforms Scalable modular electric only architectures * schematic and bef

  57. Slide 57: Radical shift in capital allocation – from EV-first to EV-only

    Radical shift in capital allocation – from EV-first to EV-only Key levers CAPEX and R&D investments* Additional investments for new BEV architecture MB.EA, AMG.EA, VAN.EA and intensified battery footprint Radically reduced non-BEV investments Capex share of investments decreasing 2019 2025 >20% inve

  58. Slide 58: Fixed cost reduction targets stepped up

    Fixed cost reduction targets stepped up Key levers Fixed cost development* Covid 2020: significant fixed cost reduction 2021: temporary effects replaced by permanent measures >20% fixed cost reduction until 2025 vs. 2019 2025ff: digitization of all business areas 2019 2025 2030 After 2025 further ne

  59. Slide 59: At least halve lifecycle CO2 emissions per vehicle this decade

    We will at least halve lifecycle CO2 emissions per vehicle in this decade 100% More than half per decade End-of-life Use phase Use phase Production & Production & logistics logistics Supply chain & Supply chain raw materials 2020 2030 Roadshow Presentation Q1 2023 59

  60. Slide 60: Sustainable supply chains for focus materials

    We create sustainable supply chains for focus materials via technology changes ~90% Steel – CO2 reduction: optimised of our annual purchasing volume is supplied by companies that follow our conventional ambition to become net carbon-neutral Base green electricity Aluminium sheet/cast H2GS Thermoplas

  61. Slide 61: Own plants world-wide producing 100% net carbon-neutral

    All of our own Mercedes-Benz plants world-wide are producing 100% net carbon-neutral Together with our EV strategy, Mercedes-Benz global production network net carbon-neutral production is a key driver of Ambition 2039 Since the beginning of 2022, production sites worldwide fully owned by Mercedes-B

  62. Slide 62: Factory 56 is a zero-carbon factory

    Our Factory 56 is a zero-carbon factory and serves as a blueprint for our global Mercedes-Benz production network At our Factory 56 in Sindelfingen producing more sustainable is already reality The innovative energy concept includes a photovoltaic system, a DC power grid and energy storage based on

  63. Slide 63: Green and net carbon-neutral supply chain

    We are establishing a green and net carbon-neutral supply chain In the future, raw materials for battery Raw materials components only from IRMA-certified mines Processed materials & components Cooperation with strategic partners, e. g. for lithium hydroxide with German-Canadian Rock Tech Lithium In

  64. Slide 64: Closing the loop on batteries through recycling

    Mercedes-Benz is closing the loop on batteries through sustainable recycling Own CO2-neutral recycling plant in Kuppenheim, southern Germany start operations in summer 2024 with the first phase - shredding batteries - in 2023 >96% Hydrometallurgy: Innovative technology increases recovery rate to mor

  65. Slide 65: Our people plan: just transition for employees

    Our people plan focuses on a just transition for our employees 3,000 Re-shape Realignment of our global Individual target plans production network towards positions for for our entities, plants electric vehicles and streamlining our organisation software engineers and functions digitalisation in a r

  66. Slide 66: Agenda

    AGENDA I. Results Q1 2023 II. Outlook FY 2023 III. Strategy 1. Mercedes-Benz Cars 1.1 Luxury Strategy 1.2 Electrification 1.3 Automated Driving & Operating System 2. Mercedes-Benz Vans 3. Mercedes-Benz Mobility

  67. Slide 67: Conditionally automated driving: DRIVE PILOT

    Conditionally automated driving SAE-Level 3: DRIVE PILOT gives back time to customers Mercedes-Benz is the first car company in the world to meet the UN-R157 regulation for conditionally automated driving. Since May 2021, DRIVE PILOT can be ordered in Germany for variants of the S-Class and the EQS

  68. Slide 68: Driving Assistance Package with DRIVE PILOT

    Driving Assistance Package with DRIVE PILOT Parking Package with 360°-Camera Roadshow Presentation Q1 2023 68

  69. Slide 69: Roadshow Presentation Q1 2023

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  70. Slide 70: Purpose-built and open to partners

    1. Purpose-built and open to partners 2. Personalized services through one unique Mercedes Me ID 3. Privacy-by-design from th e very beginning 4. Full overt-the-air updatability and decoupled software and hardware releases Roadshow Presentation Q1 2023 70

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  86. Slide 86: BBAC (Beijing Benz Automotive Cooperation) Joint Venture

    BBAC (Beijing Benz Automotive Cooperation) Joint Venture  BBAC is based on a trustful partnership with our long-term partner BAIC  BBAC is the largest Mercedes-Benz production facility in the world with local R&D for passenger cars.  Product ranges from Compact, Midsize, and Large-mid Segment (E-

  87. Slide 87: Agenda

    AGENDA I. Results Q1 2023 II. Outlook FY 2023 III. Strategy 1. Mercedes-Benz Cars 1.1 Luxury Strategy 1.2 Electrification 1.3 Automated Driving & Operating System 2. Mercedes-Benz Vans 3. Mercedes-Benz Mobility

  88. Slide 88: Mercedes-Benz Vans Strategy

    Mercedes-Benz Vans Strategy Our Goal We offer the world’s most desirable vans and services Target Embrace Lead Lower Our Strategic premium segments customers and in electric total cost base and Pillars and focus on grow lifetime drive and digital improve industrial profitable growth revenues experie

  89. Slide 89: A highly profitable part of the Mercedes-Benz Group

    We are a highly profitable part of the Mercedes-Benz Group. DESIRE is our common goal. We follow the Mercedes-Benz Luxury Strategy for private vans and pursue a Premium Strategy for commercial vans Roadshow Presentation Q1 2023 89

  90. Slide 90: Sustainability means creating value for all stakeholder groups

    For us, sustainability means permanently creating value for all stakeholder groups. Economic, environmental, and social responsibility go hand in hand – along the entire value chain. Climate Protection Resource Conservation Sustainable Urban Traffic Safety & Air Quality Mobility Data Responsibility

  91. Slide 91: Strategy Priority: Electrifying Mercedes-Benz Vans

    Strategy Priority: Electrifying Mercedes-Benz Vans Mercedes-Benz Vans is fully committed and dedicated to electrification Holistic Approach: From small over mid-size to large, we electrify every van segment 2022 2023 2025ff eCitan eVito eSprinter EQV EQT** Current eVan portfolio The new eSprinter Ne

  92. Slide 92: The new Mercedes-Benz eSprinter

    The new Mercedes-Benz eSprinter With the new eSprinter, Mercedes-Benz Vans is consistently implementing its new strategy and underlining its claim to leadership 'Lead in Electric Drive' • The requirements were defined in close cooperation with our customers: With three battery and several body varia

  93. Slide 93: Agenda

    AGENDA I. Results Q1 2023 II. Outlook FY 2023 III. Strategy 1. Mercedes-Benz Cars 1.1 Luxury Strategy 1.2 Electrification 1.3 Automated Driving & Operating System 2. Mercedes-Benz Vans 3. Mercedes-Benz Mobility

  94. Slide 94: Mercedes-Benz Mobility Strategy

    Mercedes-Benz Mobility Strategy Roadshow Presentation Q1 2023 94

  95. Slide 95: Mercedes-Benz Mobility Role & Contribution

    Mercedes-Benz Mobility Role & Contribution As an integral part of Mercedes-Benz, we secure the company’s position as a global leader by leveraging customer data and insights generated through our numerous touchpoints with our clients. We retain them in the Mercedes-Benz ecosystem and offer services

  96. Slide 96: Mercedes-Benz Mobility Product Range

    Mercedes-Benz Mobility Product Range As integral part of the Mercedes-Benz customer journey Financing | Leasing | Insurance | Fleet Management | Rental & Subscription | Charging Ecosystem | Payment Services Roadshow Presentation Q1 2023 96

  97. Slide 97: Disclaimer

    Disclaimer This document contains forward-looking statements that reflect our current views about future events. The words “anticipate”, “assume”, “believe”, “estimate”, “expect”, “intend”, “may”, “can”, “could”, “plan”, “project”, “should” and similar expressions are used to identify forward-lookin

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