|Bid||68.79 x 0|
|Ask||70.20 x 0|
|Day's range||68.25 - 69.78|
|52-week range||25.79 - 77.90|
|Beta (5Y monthly)||1.31|
|PE ratio (TTM)||5.76|
|Forward dividend & yield||5.00 (7.37%)|
|Ex-dividend date||29 Apr 2022|
|1y target est||N/A|
With a corporate slogan that beams “the best, or nothing,” Mercedes-Benz better deliver. And it appears to be just doing that. With US sales up 6.5% in 2022 compared to a year ago, and a whopping 21% in Q4, Mercedes says much of that growth came at the “top end,” or its higher priced models, where the German automaker wants to focus on given those juicy high margins those models enjoy. And so far in 2023, that luxury buying trend is rolling on.
Mercedes-Benz USA President and CEO Dimitris Psillakis speaks with Yahoo Finance's Seana Smith and Pras Subramanian about the company's 2022 sales, its fourth-quarter results, the state of the EV market, its upcoming charging network, and more.
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