SUCCESS STORY OF MERCEDES BENZ COMPANY

Do you know who created MERCEDES BENZ MOST VARUABLE LUXURY AUTOMOBILE CAR BRAND and how did he make it? Such a big company from zero. This car company was started by carl Benz who lives in a broken house while living in Germany and this is carl who is considered the investor of a petrol run car. And Karl’s father dies at the age of 2 and he used to go and work in someone else’s house and carl’s dream was that he became an excellent BUSINESS MAN after studying. He becomes one and when he started doing business, his best friends betrayed him and when the company started growing, then carl’s company was growing up in a bomb blast and after all this, how does he survive and make such a big company and then one thing you people come to know that this company is at number 6 in the automobile sector in the world and how did he find a Mercedes company under the name of a rich girl. He talks in details about himself.

MERCEDES COMPANY OVERVIEW

MERCEDES COMPANY HEADQUATER	(STUTTGART GERMANY) WITH 93 LOCATION IN GLOBAL
EMPOLOYEES IN MERCEDES COMPANY	APPROXIMATELY 166000 EMPOLOYEES IN MERCEDES
Founded IN	28 JUNE 1926
TYPE OF INDUSTRY	AUTOMOBILE INDUSTRY
WEBSITE NAME MERCEDES COMPANY	www.mercedes-benz.com
CONTECT US	GERMONY PHONE NUMBER +49711170
REVENUE OF MERCEDES COMPANY	15000 CRORES EUR
NETWORTH OF MERCEDES COMPANY	$71.82 BILLION DOLLAR OF 1 JULY,2024

INTRODUCTION

The story of MERCEDES COMPANY starts when on 25th November 1844 when Carl Benz was born in Muhiberg City, Germany and his father used to become a loco pilot with the money due to which his financial status was very good at that time and when Carl Benz was born at the age of 2 years then his father died and when his father died then the income of source became zero in his house and it seems that a mountain of smoke came under his head and after a few days he Financially, he had become very poor and to take care of the family, carl’s father had to leave the house and in the starting days hes mother work in other’s houses and he used to do a lot of different work due to which he tried to give good education to carl and carl started going to school and focused his mother’s hard work he also started to pass out from hard work and carl liked Chemistry and Mechanics a lot and because of this it happened that he At the age of 15, he had qualified as a MECHANICS ENGINEER and after completing POLTINIK from a POLTECHNICAL SCHOOL and after that, knowing the condition of his father, he had started searching for a job for himself

MERCEDES COMPANY HISTORY

CARL BENZ did not have to face much problem in getting it because he had to work hard and he worked in a different company, MECHANICAL COMPANY for 5 years and he had a workload of 18 centuries when people used to use horse carts for transportation and at that time the investment of cycle was done and at that time not many people used cycle because there was a lot of problem in driving the cycle at that time and KARL had to use all these things like It seems that a time will come when they will add people to their transports using motors and keep running in the manhole of Karl that they will design 3 bills for some people that they can make us travel far away in less time and when other people would share this thing with them, they would make their words fun that now he has gone crazy, it is not possible that we can travel using motors and then Carl will completely believe So this dream of his would definitely come true and when Carl Benz got 27 years of business in 1871, he used to do a very big business that after quitting his successful job, he used to do iron business with one of his friends whose name was August BIRTHA and while doing this business Carl also started working on making his own motor cycle and he became so passionate in making the motor cycle that he handed over all the iron business to his friend And AUGUST BIRTHA took a lot of benefit from it, due to which the company went on the verge of sinking and he started living a lot of problems and at that time BIRTHA RINGER enters his life and BIRTHA was from a very rich family and his family saved LOT OF the money for the mARRAGE and at that time whatever share AUGUST BIRTHA had in that company, Carl and BIRTHA bought the entire share by meeting them and in this way the iron business completely became Carl and BIRTHA and after that Carl and BIRTHA He gave birth to the company and ran it by himself and he himself started making motorcycles and in 1879 Mc Carl innovated two prototype engines running on gas line and got them registered in his name. He also designed many parts of motorcycle like battery, spark plug, carburetor, clutch, gear shift and he had also done many patents in his name. A lot of money was spent in making all these things and when these products were launched in the market, they did not perform very well in the market due to which his company had to pay a tax. The shares had to be sold and because of this Carl was able to save only 5% share in the company and because of this Carl’s reputation was completely ruined in the market and people started calling Carl very bad at that time as if Carl had gone mad.

And seeing this situation, Carl Benz thought it best to get out. And after a few days when Carl met two brothers Max Rose and Frederick Wilhelm, all three together thought of starting a company which was named Co & Company and because of this, Carl did not find this a good opportunity to fulfill his dream and with a lot of hard work Carl built a 3 wheeler cycle in 1885 which could be operated by gas line and forstrop motor and Carl got this car patented and got that 3 wheeler cycle patented in his name whose top speed was 16km per hour

There was a very big problem in it and it was very difficult to control it and when it was demonstrated it got stuck in a diwali due to which people made a lot of fun of carl benz and but everybody was thinking that carl has made a bomb which runs on gas, the motor used to run on gas then people were afraid that this motor may fail and at that time this model of cycle could not be sold much and due to this reason carl got motivated to sell a lot and that model was discontinued

and then carl did not lose courage and After modifying the cycle and fixing all the problems in it, he launched the model 2 in the market in 1889 and after upgrading it a little, he also launched the model 3. Due to the laughter he had faced due to the first model, he did not want to give publicity to this model. And Carl’s wife felt that the model 3 was perfect in every way and he should demonstrate it, but after explaining this to Carl a lot, Carl refused.

WHO IS THE FIRST PERSON TO DRIVE MERCEDES CAR 107KM FULL STORY

And then Carl’s wife BIRTHA and her two children go towards the village to meet their mother and they go on a journey It was 107 km long which had kept the automobile industry in a state of shock forever and when this 3 wheeler cycle without a horse was pushed while moving then he started running out of PEOPLE WAS SHOKED soul was passing in front of him and whichever way BIRTHA passed, the people there used to get scared and on the way this car broke down many times and BIRTHA alone repaired that cycle and its age increased and the fuel of that cycle is just of 4.5 litres due to which its fuel gets finished by the time it reaches the stop and after that it gets its fuel filled from a shop and that She goes on her journey and then on the way she faced a problem her brake was worn out as it was made of plastic and her brother repaired the brakes by making rubber from the leather and then she reaches her mother’s house and people were very surprised after hitting the cycle for 3 days and she stayed at her mother’s house and rested for a few days then when she comes back to Carl she tells him the whole problem and Carl gets busy in fixing the problem and her cycle becomes very famous because it was the first time a cycle had travelled such a far distance. The cycle with gasoline engine also becomes very famous while driving and due to this popularity the company’s internal combustion engine was sold a lot and within no time Benz & Co became the biggest company of the world.

And in 1893 Carl launched a car which was considered the most luxurious car of that time and it was named Benz Patent Motorwagen Victoria and till 1992 that company sold more than 500 cars worldwide which was the biggest car of that time and at that time only horse cycle used to run and this type of car is used a lot by common people. what are they doing

MERCEDES COMPANY MARKETING STRATEGY

Everyone was tired of the old model of the car, then Carl made a strategy that why don’t we make such a car which no one else has made and then he made the Mercedes 300SL car with gull wing doops and launched it in the market and after that the car became very famous in the market, buying this car became like a dream for the people and the top speed of this car was 235 kmph which also created a lot of noise during racing and this car had sold 7000 cars of this model across the world.

And then Mercedes launched its car Mercedes Benz W120/W121 which also became very famous in the market and after that Daily Use W190 and 180 were launched in the market which were very luxurious cars and after that the company did a lot of safety and technical innovation and they kept upgrading their cars

VISION & FEATURE OF MERCEDES COMPANY

MERCEDES CAR IS WORLDWIDE FAMOUS FOR ITS LUXURY CAR AND THAT IS THEIR VISION. WE DELIVER A FULLY AI ELECTRIC CAR IN THE MARKET WHICH PEOPLE HAVE NEW EXPERIENCES TO USE THE CAR AND HE IS UPGRADING HIS CAR.
AIR COMDITIONER
DRIVER AIRBAG
PASSANGER AIR BAG
CUSTOMER SAFITY
ADUTOMATIC CAR
SELF DRIVE CAR
AUTO PARK
ANTI LOCK BRAKING SYSTEM UPGRADE ALL THESE IN FEATURES IS THE MAIN VISION OF MERCEDES CAR WHICH ALL PEOPLE HAVE LESS THAN One has to face the problem and he should stay safe while driving the car

COMPETITOR ANALYSIS OF MERCEDES COMPANY

THE MAIN COMPETITORS OF MERCEDES BENZ COMPANY IS

 

• • VOLVO

• • TESLA

• • AUDAI

• • SKODA

• • PORSCHE

• • JAGUAR AND LAND ROVER

• • LAXUS

• • FORD

• • HONDA

• • HYUNDAI

• •  

FINANCE ANALYSIS OF MERCEDES COMPANY

NET WORTH OF MERCEDES COMPANY

ACCORDING TO MERCEDES -BENZ GROUP FINANCE REPORT OF 1 JULY ,2024 MARKET CAP (NETWORTH)OF $172.79 BILLION DOLLAR AND ITS NETWORTH IS INCREASED BY 239.88% IN ONE YEAR

ANUL INCOME OF MERCEDES BENZ COMPANY

ANUL INCOME OF MERCEDES COMPANY IS $9.74 BILLION DOLLAR

TOTAL REVENU OF MERCEDES COMPANY

TOTAL REVENUE OF MERCEDES BENZ COMPANY IS EUR 153.218 MILLION