Mercedes-Benz Group sharpens savings program, shares under pressure in the DAX

Mercedes-Benz Group tightens its cost-cutting measures and delays a special payment to employees, according to dpa-AFX. The DAX-listed automaker reacts to profit headwinds while its shares trade weaker on German venues.

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-26, 14:05.

Mercedes-Benz Group (DE0007100000) is tightening its savings program and postponing a special payment to employees, according to a report from dpa-AFX. The DAX constituent reacts to earnings headwinds while its shares trade weaker on the Stuttgart and Frankfurt exchanges.

What dpa-AFX reports on savings

Newswire dpa-AFX reports that Mercedes-Benz is intensifying its cost-cutting program and delaying a previously planned special payment in response to pressure on profits from pricing and market conditions. The report on Onvista citing dpa-AFX details the sharpened savings course. The measures target personnel costs and discretionary spending in several divisions.

The company aims to protect its margin targets in the premium segment despite a more competitive environment in Europe and China, the report states. Mercedes-Benz, listed in the DAX and Euro Stoxx 50, has repeatedly emphasized capital discipline and return on sales as central steering metrics.

Analyst views and valuation picture

Analysts largely see the intensified cost discipline as consistent with the group’s focus on profitability over volume, but flag execution risks. On finanzen.net, Bernstein Research is cited with a Market-Perform rating for Mercedes-Benz Group, reflecting a neutral stance on the shares. The analyst overview on finanzen.net shows the Bernstein rating and a mixed recommendation profile. Fundamentally, the stock is classified there with 2 out of 4 stars and medium risk.

According to the same data, valuation metrics remain moderate compared with some global peers such as BMW and Volkswagen, but the market is cautious about cyclical earnings and the required investments in electrification. Dividends and buybacks remain part of the equity story, yet cost measures highlight the pressure on near-term profitability.

How Mercedes-Benz earns its money

Mercedes-Benz Group generates the bulk of its revenue with premium passenger cars and light commercial vehicles under the Mercedes-Benz and smart brands. The core business spans combustion, hybrid and electric models, with the EQ electric line-up forming a key pillar of the transformation strategy.

Where the shares trade today

The Mercedes-Benz Group shares (DE0007100000) last traded on the Stuttgart Stock Exchange on 2026-06-26 at 44.27 euros, according to real-time data on Onvista. On the Frankfurt venue, the most recent indicated price was 44.40 euros at 08:47, also in euros.

Key data on the Mercedes-Benz Group shares

• Company: Mercedes-Benz Group AG
• ISIN: DE0007100000
• WKN: 710000
• Ticker: MBG
• Trading venue: Stuttgart / Frankfurt
• Price (as of 2026-06-26, 09:11): 44.27 EUR
• Market cap: 47.9 billion EUR (as of 2026-06-25)
• Sector / industry: Automobiles & Components
• Index membership: DAX, Euro Stoxx 50, Stoxx Europe 600
• Next earnings date: not officially scheduled

This text is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell any securities. All information has been carefully researched, but no guarantee is given for its accuracy or completeness. Investors are advised to conduct their own research.