Mercedes Benz Group AG DRC (MBGYY)

Mercedes Benz Group AG DRC is an American depositary receipt tied to the common stock of Mercedes-Benz Group AG, which is listed on OTC Markets. The underlying issuer is an automotive company headquartered in Stuttgart, Germany, with operations across Europe, North America, Asia, China, and other international markets. Its business is organized into Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Financial Services. Through these segments, the group develops, manufactures, and sells vehicles under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, and G-Class brands, along with spare parts and accessories. It also provides vehicle financing, leasing, subscriptions, rentals, fleet management, insurance, and digital services related to electric-vehicle charging. The company was founded in 1886 and adopted its current name in February 2022; it was previously known as Daimler AG.

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