Corporate Presentation Summer 2016

Transcription

1 Corporate Presentation Summer 2016

2 Contents Results for Q Outlook for 2016 Daimler Group Strategy Divisional information China Appendix Daimler Corporate Presentation / Summer 2016 / Page 2

3 Highlights of Q Strong growth in Group unit sales 761, % Highest quarterly unit sales so far at Mercedes-Benz Cars 546, % EBIT adjusted for special items 4.0bn + 6 % World premiere of the new Mercedes-Benz E-Class station wagon Start of production of new Mercedes-Benz C-Class Cabriolet, GLC Coupé and long-wheelbase E-Class in China Launch of six regional sales centers for Daimler commercial vehicles completed World premiere of the Mercedes-Benz Future Bus with CityPilot a milestone on the way to autonomous driving Successful start of car2go services in the Chinese metropolis Chongqing Transfer of shares in Renault/Nissan strengthens pension assets by 1.8 billion Daimler Corporate Presentation / Summer 2016 / Page 3

4 Key financials Q Q Revenue EBIT as reported adjusted for special items Net profit Earnings per share (in euros) Net liquidity industrial business (2015: year-end) Free cash flow of the industrial business (January-June) in billions of euros Daimler Corporate Presentation / Summer 2016 / Page 4

5 Key balance sheet and financial figures Daimler Group Dec. 31, 2015 June 30, 2016 Equity ratio 23.6% 22.7% Gross liquidity Industrial business Equity ratio 44.2% 41.2% Net liquidity in billions of euros Daimler Corporate Presentation / Summer 2016 / Page 5

6 Net industrial liquidity: development in H in billions of euros - Free cash flow industrial business H1 2016: 2.1bn Net industrial liquidity 12/31/2015 Earnings and other cash flow impact Working capital impact Dividend payment Other Net industrial liquidity 6/30/2016 Daimler Corporate Presentation / Summer 2016 / Page 6

7 Unit sales Q Q % change Daimler Group of which Mercedes-Benz Cars Daimler Trucks Mercedes-Benz Vans Daimler Buses in thousands of units Daimler Corporate Presentation / Summer 2016 / Page 7

8 Revenue by region Q Q % change Daimler Group of which Western Europe of which Germany NAFTA of which United States Asia of which China* Other markets * excluding revenue of not fully consolidated companies in billions of euros Daimler Corporate Presentation / Summer 2016 / Page 8

9 Revenue by division Q Q % change Daimler Group of which Mercedes-Benz Cars Daimler Trucks Mercedes-Benz Vans Daimler Buses Daimler Financial Services Contract volume of Daimler Financial Services* * figures as of December 31, 2015 and June 30, 2016 in billions of euros Daimler Corporate Presentation / Summer 2016 / Page 9

10 EBIT by division Q Q EBIT in millions of euros; RoS in % - EBIT RoS* EBIT RoS* Daimler Group 3, , of which Mercedes-Benz Cars 2, , Daimler Trucks Mercedes-Benz Vans Daimler Buses Daimler Financial Services Reconciliation * Return on sales; Daimler Group excluding Daimler Financial Services Daimler Corporate Presentation / Summer 2016 / Page 10

11 EBIT adjusted for special items Q Q EBIT in millions of euros; RoS in % - EBIT RoS* EBIT RoS* Daimler Group 3, , of which Mercedes-Benz Cars 2, , Daimler Trucks Mercedes-Benz Vans Daimler Buses Daimler Financial Services Reconciliation * Return on sales; Daimler Group excluding Daimler Financial Services Daimler Corporate Presentation / Summer 2016 / Page 11

12 Contents Results for Q Outlook for 2016 Daimler Group Strategy Divisional information China Appendix Daimler Corporate Presentation / Summer 2016 / Page 12

13 Assumptions for automotive markets in 2016 Car markets Medium- and heavy-duty truck markets Global Western Europe USA China NAFTA region Europe Japan* Brazil around +3% slight growth around the prior-year level significant growth around -15% around +10% around the prior-year level around -25% Indonesia* around -15% Van markets Bus markets Europe USA Western Europe Brazil significant growth for small, mid-size and large vans significant growth slight growth significant decrease * including light-duty trucks Daimler Corporate Presentation / Summer 2016 / Page 13

14 2016 sales outlook Mercedes-Benz Cars Daimler Trucks Mercedes-Benz Vans Daimler Buses Significantly higher unit sales Strong momentum from renewed SUV portfolio and further plug-in hybrid models Launch of all-new E-Class, C-Class Coupé, S-Class Cabriolet and smart fortwo cabrio Unit sales significantly below the prior-year level Worsened situation of global truck markets; weakening NAFTA market can be only partially offset by the market development in Europe Significantly higher unit sales Significant growth in core market Western Europe Continued momentum from Mercedes-Benz Vans goes global strategy Unit sales slightly below the prior-year level Maintain market leadership in core markets Significant growth in Western Europe, significantly lower demand in Brazil Daimler Corporate Presentation / Summer 2016 / Page 14

15 2016 outlook for EBIT adjusted for special items We expect Group EBIT for FY 2016 to increase slightly based on the following expectations for divisional EBIT: Mercedes-Benz Cars Daimler Trucks Mercedes-Benz Vans Daimler Buses Daimler Financial Services Slightly above the prior-year level Significantly below the prior-year level Significantly above the prior-year level Slightly above the prior-year level Slightly above the prior-year level Daimler Corporate Presentation / Summer 2016 / Page 15

16 Contents Results for Q Outlook for 2016 Daimler Group Strategy Divisional information China Appendix Daimler Corporate Presentation / Summer 2016 / Page 16

17 Clear aspiration for all our divisions Mercedes-Benz Cars Daimler Trucks Mercedes-Benz Vans Daimler Buses Daimler Financial Services Most successful premium manufacturer No 1 in the global truck business Most successful player in worldwide van business No 1 in the global bus business Best financial and mobility services provider 17 Daimler Corporate Presentation / Summer 2016 / Page 17

18 The four strategic focus areas of Daimler Daimler Corporate Presentation / Summer 2016 / Page 18

19 Digitalization puts the focus on the customer Digital target picture Daimler Vision Mission statement Shaping the future of safe and sustainable mobility We are among the leaders in our industry regarding digital work environment and culture. Our customers perceive us as the most innovative digital automotive manufacturer. Direct customer perception Indirect customer perception Key digital levers Products & Services Digitalization of the value chain 1) Success factors Processes and Structures Digital skills & Corporate culture Management system 1) Industry 4.0 Daimler Corporate Presentation / Summer 2016 / Page 19

20 Profit targets Profit targets [Return on Sales / Return on Equity 1) in %] Mercedes-Benz Cars Daimler Trucks Mercedes-Benz Vans Daimler Buses Daimler Financial Services Return on sales-target for the automotive business : 9 percent 1) Daimler Financial Services Daimler Corporate Presentation / Summer 2016 / Page 20

21 Contents Results for Q Outlook for 2016 Daimler Group Strategy Divisional information China Appendix Daimler Corporate Presentation / Summer 2016 / Page 21

22 Mercedes-Benz Cars Daimler Corporate Presentation / Summer 2016 / Page 22

23 Mercedes-Benz Cars: product highlights New Mercedes-Benz E-Class station wagon New smart Mercedes-Benz cabrio GLC Coupé New Mercedes-Benz C-Class S-Class Cabriolet Mercedes-Benz New Mercedes-AMG Concept GT R IAA Daimler Corporate Presentation / Summer 2016 / Page 23

24 Mercedes-Benz Cars and Vans: continued product offensive GLS facelift E-Class sedan E-Class E-Class (long wheelbase) station wagon E-Class Coupé E-Class All Terrain S-Class facelift CLA facelift GLC Coupé GLA facelift S-Class Cabriolet SL facelift SLC facelift C-Class Cabriolet GT R Coupé GT C Roadster E-Class Cabriolet GT C Coupé smart cabrio smart fortwo EV smart cabrio EV smart forfour EV V-Class China Vito China Pickup Daimler Corporate Presentation / Summer 2016 / Page 24

25 Product offensive to fuel our sales offensive Mercedes-Benz sales development First product offensive Current Product offensive 1.63 m Schematic representation 530 k Daimler Corporate Presentation / Summer 2016 / Page 25

26 smart: Summer in the city Daimler Corporate Presentation / Summer 2016 / Page 26

27 CO 2 -emissions (g/km) We are on our way to emission-free driving Example: MBC fleet consumption in Europe l 7.3 l 6.9 l 6.4 l 6.3 l l l % l l g l Actual Target 2016 EU Legislation 95 <4.0 l until 2020 Daimler Corporate Presentation / Summer 2016 / Page 27

28 Our roadmap for sustainable mobility High-tech combustion engines Plug-in hybrids Electric vehicles with battery or fuel-cell Mercedes-AMG GT S: Fuel consumption urban/extra-urban/combined: 12,5-12,2/7,9-7,8/9,6-9,4 l/100 km, CO 2 emissions combined: g/km. 28 Daimler Corporate Presentation / Summer 2016 / Page 28

29 The new diesel engine OM654 the first member of a complete new engine family 17% weight reduction 13% CO₂ reduction 24% friction reduction 18 kw more power -80% NOx emissions 11% faster acceleration Daimler Corporate Presentation / Summer 2016 / Page 29

30 Our Plug-In Hybrid Rollout is at full speed Introduction of 10 Plug-in Hybrid vehicles by 2017 C-Class GLE S-Class 2014 C-Class LWB C-Class Estate GLC 2015 E-Class Daimler Corporate Presentation / Summer 2016 / Page 30

31 Plug-In Hybrid Rollout - The upcoming E 350 e > 30 km electric operating range < 50 g/km CO 2 -Emissions Market introduction in 09/2016 Daimler Corporate Presentation / Summer 2016 / Page 31

32 Autonomous driving goes far beyond technology Daimler Corporate Presentation / Summer 2016 / Page 32

33 The new E-Class takes autonomous and accident-free driving to the next level Beltbag Active Lane Keeping Assist DRIVE PILOT with Distance Pilot DISTRONIC, Steering Pilot, Active Lane Change Assist, Active Emergency Stop Assist, Speed Limit Pilot Car-to-X-Communication PRE-SAFE PLUS Remote Park-Pilot PRE-SAFE Impulse Side PRE-SAFE Active Braking Assist with Pedestrian Detection, Cross-Traffic Function and Congestion Emergency Braking Function MULTIBEAM LED Headlights with Adaptive High Beam Assist Active Blind Spot Assist Evasive Steering Assist Daimler Corporate Presentation / Summer 2016 / Page 33

34 Connectivity as enabling technology is the core of Infotainment Examples EVs Examples Safety Examples Autonomous Driving Examples Navigation Remote Services Live Traffic Information Car-2-Car Communication Radio/ Media Range on Map Car-2-X Warnings Smart Routing Internet/ Apps Charging Station Search Emergency Call Intelligent Parking Assist Daimler Corporate Presentation / Summer 2016 / Page 34

35 We want to become digital champion of the automotive industry with the help of Mercedes me and the Mercedes-Benz Store Remote Park Pilot Digital Car Key Online Service Appointment Lifestyle Configurator Contract- & Document Management Integration Mobility Offers in Mercedes me (App) Launch of the Mercedes-Benz Store for all Mercedes me connect markets Customer can purchase services directly online (Starting with Remote Park Pilot) Daimler Corporate Presentation / Summer 2016 / Page 35

36 Regarding e-commerce, first steps have been taken with the Mercedes-Benz Store considering online sales of me services Daimler Corporate Presentation / Summer 2016 / Page 36

37 But Mercedes me is more than just digital......it s an innovative sales approach Opening of the world-wide 6th Mercedes me store in Beijing. Daimler Corporate Presentation / Summer 2016 / Page 37

38 Fit for Leadership was designed as long-term profit optimization of MB strategy. Next Stage will focus on structural improvement Growth Strategy MB 2020 Fit For Leadership Measurement implementation for cost improvement Optimized business structures bn. until 2014 Fire Fighting Fit for Leadership Next Stage Fire Prevention Daimler Corporate Presentation / Summer 2016 / Page 38

39 Our target: No.1 premium car manufacturer Sales target In thousand units Profitability target Return on Sales in % 2,001 significantly higher than 2015 No. 1 on a sustainable basis Daimler Corporate Presentation / Summer 2016 / Page 39

40 Daimler Trucks Daimler Corporate Presentation / Summer 2016 / Page 40

41 Broadest and strongest truck portfolio in our history Daimler Corporate Presentation / Summer 2016 / Page 41

42 Our strategy works out. We keep on developing it. Technology Leadership in efficiency, safety and connectivity Global Market Presence in traditional and emerging markets Intelligent Platforms for tailored products and decisive economies of scale Daimler Corporate Presentation / Summer 2016 / Page 42

43 Efficiency: the most efficient trucks are Daimler Trucks ~13% ~7% ~5% less fuel than previous model less fuel than previous model less fuel than previous model Mercedes-Benz Actros Freightliner Cascadia Evolution Fuso Super Great V Daimler Corporate Presentation / Summer 2016 / Page 43

44 Efficiency: we are pioneering alternative drivetrains Hybrid Technology Center Atego with hybrid drivetrain Unimog E-Drive Introduction Canter Eco Hybrid FUSO Canter 2nd Generation Canter E-Cell Fleet test Portugal Stuttgart Daimler Corporate Presentation / Summer 2016 / Page 44

45 Our EBIT drivers: Push captive component strategy to strengthen undisputed market leadership in NAFTA Penetration rate integrated powertrain US/CAN in % Built and scheduled 86,0 94,0 65,0 39,0 Year End 2015 As of June 2016 Heavy Duty Engines HDEP Year End 2015 As of June 2016 Automated Manual Transmission DT12 Daimler Corporate Presentation / Summer 2016 / Page 45

46 Safety: many firsts on our record 1981 Anti-lock Braking System (ABS) 2001 Electronic Stability Program (ESP) 2006 Active Break Assist (ABA) Daimler Corporate Presentation / Summer 2016 / Page 46

47 Safety: new Blind Spot Monitor improves active safety further Daimler Corporate Presentation / Summer 2016 / Page 47

48 We are pioneering autonomous driving Future Truck world premiere Inspiration Truck premiere on US highway Highway Pilot test licence for German autobahn Highway Pilot Connect world premiere of platooning Daimler Corporate Presentation / Summer 2016 / Page 48

49 We will lead in connectivity like we do in autonomous driving Less fuel: ~7% savings/entire platoon More safety: shorter reaction time (< 0,1 sec. vs. 1.4 sec. driver) Less space: 3 trucks span 80m vs. 150m Daimler Corporate Presentation / Summer 2016 / Page 49

50 Connectivity: the truck becomes the mobile data center of the logistics network FINANCE PARTNER AUTHORITY LOGISTICS PROVIDER TRUCK CUSTOMER CARGO TERMINAL OTHER VEHICLES REST AREA INFRASTRUCTURE MANUFACTURER INSURANCE WORKSHOP Daimler Corporate Presentation / Summer 2016 / Page 50

51 Connectivity: with its real-time information, the connected truck solves major logistics inefficiencies NO MORE WAITING TIME All information transmitted digitally in advance (e.g. toll) NO MORE OVERBOOKED REST AREAS Connected truck makes reservation in time NO MORE EMPTY RUNS Ride sharing platforms for cargo NO MORE TRAFFIC JAMS Real-time data from infrastructure & vehicles Daimler Corporate Presentation / Summer 2016 / Page 51

52 With our new Regional Centers, we push sales and after sales in emerging markets Middle East/ Northern Africa Southern Asia Latin America Southern Africa Central Africa Southeast Asia Daimler Corporate Presentation / Summer 2016 / Page 52

53 Roll-out of intelligent platforms continues: most integrated set-up of all Truck manufacturer in the world Heavy-duty engines Medium-duty engines Transmissions EU LA China Chassis Electric/ Electronic Cab architecture Triad Emerging markets In discussion Daimler Corporate Presentation / Summer 2016 / Page 53

54 Global Platform Roll-out will secure pass-car-like volumes in next decade for Daimler Trucks Cabin Chassis Electrics/Electronics Today Today Today Europe Russia China NAFTA Europe China NAFTA Europe China Japan Brazil Brazil Brazil Daimler Corporate Presentation / Summer 2016 / Page 54

55 Sticking to our target: undisputed leader in the truck industry Sales target In thousand units Profitability target Return on Sales in % 496 >500 ~700 over the cycle Daimler Corporate Presentation / Summer 2016 / Page 55

56 Daimler Financial Services Daimler Corporate Presentation / Summer 2016 / Page 56

57 Services become an ever-more important part of our business model Financing Banking Leasing Carsharing Insurance Taxi Fleet Management Moovel Daimler Corporate Presentation / Summer 2016 / Page 57

58 Supporting all Daimler brands Daimler Corporate Presentation / Summer 2016 / Page 58

59 We finance every second vehicle sold by Daimler Daimler Corporate Presentation / Summer 2016 / Page 59

60 Strong business growth Contract volume ( billion) New acquisitions ( billion) Daimler Corporate Presentation / Summer 2016 / Page 60

61 We are about to re-invent personal mobility Selfdriving Mobility Marketplace Ride4Hire Daimler Corporate Presentation / Summer 2016 / Page 61

62 car2go is the world s largest carsharing company car2go 1.2 million customers 14,400 vehicles 31 cities New rental every 1.4 seconds >10% electric vehicles 339 million km driven Daimler Corporate Presentation / Summer 2016 / Page 62

63 moovel find, book and pay moovel Public transport Taxi Carsharing Bikesharing Railway Daimler Corporate Presentation / Summer 2016 / Page 63

64 mytaxi the world s first taxi app mytaxi 3-4 minutes until arrival Number of tours tripled 40 cities > 10 million downloads 45,000 registered drivers Daimler Corporate Presentation / Summer 2016 / Page 64

65 Contents Results for Q Outlook for 2016 Daimler Group Strategy Divisional information China Appendix Daimler Corporate Presentation / Summer 2016 / Page 65

66 Daimler presence in Mainland China Daimler Northeast Asia Parts Trading & Services Co., Ltd. Equity: DAI 100% Business: Spare Parts trading & services Mercedes-Benz Parts Manufacturing & Services Ltd. Equity: DAI 100% Business: Parts Re-manufacture Daimler Trucks and Buses (China) Ltd. Equity: DAI 100% Business: Daimler Trucks & Buses wholesale Daimler Greater China Ltd. Equity: DAI 100% Business: Investment Holding Mercedes-Benz (China) Ltd. Equity: DAI 75% / LSH 25% Business: MB PV wholesale Beijing Mercedes-Benz Sales Service Co., Ltd. Equity: DAI 51% / BAIC 49% Business: MB PV sales management Mercedes-Benz Auto Finance Ltd. Equity: DAI 100% Business: Financial Services Beijing Benz Automotive Co., Ltd. Equity: DAI 49% / BAIC 51% Product: MB C-Class, E-Class, GLC SUV, GLA SUV Beijing Foton Daimler Automotive Co., Ltd. Equity: DAI 50% / Foton 50% Product: MHDT Auman Truck, OM457 Engine Fujian Benz Automotive Co., Ltd. Equity: FJMG 50% / DAI 34% / CMC 16% Product: MB Vito/Viano, Sprinter Shenzhen BYD Daimler New Technology Co., Ltd. Equity: DAI 50% / BYD 50% Product: DENZA Beijing Fuzhou Shenzhen Mercedes-Benz Leasing Co., Ltd. Equity: DAI 65% / BAIC 35% Business: Finance Lease, Operating Lease car2go China Co., Ltd. Equity: DAI 100% Business: car2go business operation Daimler Corporate Presentation / Summer 2016 / Page 66

67 Daimler in China Mercedes-Benz Cars Production Distribution R&D Auto Finance Beijing Fuzhou Daimler Trucks Production and Distribution Mercedes-Benz Vans Production and Distribution Shenzhen NEV Development, Production and Distribution Daimler Corporate Presentation / Summer 2016 / Page 67

68 We do our homework and we re determined to pick up the pace in China Integrated Sales Organization Expansion Dealer Network Extension Product Portfolio Extension Local Production Extension Local R&D Leverage Financial Services Daimler Corporate Presentation / Summer 2016 / Page 68

69 Mercedes-Benz Cars Sales Development in China Retail Sales (incl. Hong Kong) in thousands of units Q Daimler Corporate Presentation / Summer 2016 / Page 69

70 Local production in China is ramping up resulting in increasing retail sales and at-equity result at BBAC - in units - - in millions of euros BBAC at-equity result BBAC retail sales , , , , , , , , , ,1 0 0, Q Daimler Corporate Presentation / Summer 2016 / Page 70

71 Mercedes-Benz Network Development in China Number of Outlets Daimler Corporate Presentation / Summer 2016 / Page 71

72 Key Product Launches in 2015 and Mercedes-Maybach (January 2015) GLA SUV (April 2015) C-Class W205 (June 2015) new/facelifted cars launched in 2015 GLE Sport SUV (September 2015) GLE SUV (October 2015) GLC SUV (November 2015) 2016 continue product offensive in China new E-Class facelifted GLS SUV new C-Class Coupe more to come Daimler Corporate Presentation / Summer 2016 / Page 72

73 Contents Results for Q Outlook for 2016 Daimler Group Strategy Divisional information China Appendix Daimler Corporate Presentation / Summer 2016 / Page 73

74 Group EBIT in Q in millions of euros - 3, Cars +246 Trucks -313 Vans +153 Buses Cars -18 Trucks +87 Vans -5 Buses Cars -252 Trucks +169 Vans +76 Buses -22 of which: Contribution to pension plan +605 Expenses due to Takata airbags -499 Legal proceedings -400 Measurement of inventories MBC -284 Patent dispute -64 Own dealer network +15 Currency transactions -19 Workforce adjustments DT -14 3,258 Actual Q Volume/ Structure/ Net pricing Foreign exchange rates Other cost changes Financial Services Reconciliation Special items affecting EBIT Actual Q Daimler Corporate Presentation / Summer 2016 / Page 74

75 Special items affecting EBIT (I) Mercedes-Benz Cars Q Q H H Restructuring of own dealer network Relocation of headquarters of MBUSA Sale of real estate in the United States +87 Expenses in connection with Takata airbags Net expenses from measurement of inventories Settlement in connection with patent dispute Daimler Trucks Workforce adjustments Restructuring of own dealer network Sale of Atlantis Foundries -55 in millions of euros Daimler Corporate Presentation / Summer 2016 / Page 75

76 Special items affecting EBIT (II) Mercedes-Benz Vans Q Q H H Restructuring of own dealer network Relocation of headquarters of MBUSA -2 Expenses in connection with Takata airbags Workforce adjustments in Germany -30 Daimler Buses Restructuring of own dealer network Reconciliation Expenses related to legal proceedings Impairment of investment in BAIC Motor -244 Losses from currency transactions (not allocated to business operations) Contribution of shares of Renault and Nissan to pension plan assets in millions of euros Daimler Corporate Presentation / Summer 2016 / Page 76

77 Mercedes-Benz Cars: continued business growth based on strong product portfolio Unit sales in thousands of units Revenue in billions of euros EBIT adjusted for special items in millions of euros ,234 2,209 +9% +5% -1% Q Q Q Q Q Q Daimler Corporate Presentation / Summer 2016 / Page 77

78 Mercedes-Benz Cars: EBIT adjusted for special items - in millions of euros %* Higher unit sales 10.0%* 2,234 Model mix and regional structure 2,209 Discounting of provisions due to lower interest rates Higher expenses for new technologies and future products EBIT Q EBIT Q * Return on sales Daimler Corporate Presentation / Summer 2016 / Page 78

79 Mercedes-Benz Cars: sales volume above prior-year level - in thousands of units smart Sports Cars SUVs* S-Class E-Class C-Class A-/B-Class * incl. GLA Q Q Daimler Corporate Presentation / Summer 2016 / Page 79

80 Mercedes-Benz Cars: balanced sales structure - unit sales in thousands Q Q Rest of world Western Europe excl. Germany Germany United States China Daimler Corporate Presentation / Summer 2016 / Page 80

81 Daimler Trucks: key figures driven by heterogeneous market development Unit sales in thousands of units Revenue in billions of euros EBIT adjusted for special items in millions of euros % -8% -8% Q Q Q Q Q Q Daimler Corporate Presentation / Summer 2016 / Page 81

82 Daimler Trucks: EBIT adjusted for special items - in millions of euros %* 717 Higher unit sales in Europe (EU30) Efficiency enhancements Foreign exchange rates Lower unit sales in the NAFTA region, Turkey, Latin America, Indonesia and Middle East Intense competition in Europe 7.6%* 661 * Return on sales EBIT Q EBIT Q Daimler Corporate Presentation / Summer 2016 / Page 82

83 Daimler Trucks: decrease in unit sales driven by NAFTA region, Turkey, Latin America, Indonesia and Middle East - in thousands of units Rest of world Asia Latin America NAFTA region 18 Q * European Union, Switzerland and Norway 20 Q EU30* Daimler Corporate Presentation / Summer 2016 / Page 83

84 Daimler Trucks: incoming orders significantly below prioryear level - in thousands of units Rest of world Asia Latin America NAFTA region 21 Q * European Union, Switzerland and Norway 20 Q EU30* Daimler Corporate Presentation / Summer 2016 / Page 84

85 Mercedes-Benz Vans: strong development based on very successful products Unit sales in thousands of units Revenue in billions of euros EBIT adjusted for special items in millions of euros % +22% +94% Q Q Q Q Q Q Daimler Corporate Presentation / Summer 2016 / Page 85

86 Mercedes-Benz Vans: EBIT adjusted for special items - in millions of euros %* 238 Higher unit sales Efficiency enhancements 13.4%* 462 * Return on sales EBIT Q EBIT Q Daimler Corporate Presentation / Summer 2016 / Page 86

87 Mercedes-Benz Vans: market success of mid-size vans - in thousands of units Sprinter 48.6 * incl. Viano Q Q Vito V-Class* Citan Daimler Corporate Presentation / Summer 2016 / Page 87

88 Daimler Buses: strong EBIT despite significant market contraction in Latin America Unit sales in thousands of units Revenue in billions of euros EBIT adjusted for special items in millions of euros % +8% +56% Q Q Q Q Q Q Daimler Corporate Presentation / Summer 2016 / Page 88

89 Daimler Buses: EBIT adjusted for special items - in millions of euros %* 57 Higher unit sales and better model mix in Western Europe Foreign exchange rates Lower sales and cost inflation in Latin America 7.9%* 89 * Return on sales EBIT Q EBIT Q Daimler Corporate Presentation / Summer 2016 / Page 89

90 Daimler Buses: lower demand for bus chassis in Latin America - unit sales in thousands Rest of world Latin America (excl. Brazil and Mexico) Brazil Mexico Europe Q Q Daimler Corporate Presentation / Summer 2016 / Page 90

91 Daimler Financial Services: further business growth New business in billions of euros Contract volume in billions of euros EBIT in millions of euros % +3% +8% Q Q /31/2015 6/30/2016 Q Q Daimler Corporate Presentation / Summer 2016 / Page 91

92 Daimler Financial Services: EBIT - in millions of euros %* 445 Higher contract volume Foreign exchange rates 19.3%* 479 * Return on equity EBIT Q EBIT Q Daimler Corporate Presentation / Summer 2016 / Page 92

93 Daimler Financial Services: growth in all regions - contract volume in billions of euros Africa & Asia-Pacific Americas Europe (excl. Germany) /31/ /30/2016 Germany Daimler Corporate Presentation / Summer 2016 / Page 93

94 Daimler Financial Services: net credit losses* at low level 0,89% 0,83% 0,69% 0,68% 0,50% 0,61% 0,36% 0,51% 0,43% 0,34% 0,37% 0,31% 0,24% 0.29% YTD * as a percentage of portfolio, subject to credit risk Daimler Corporate Presentation / Summer 2016 / Page 94

95 Development of dividend per share - in euros - +76% Daimler Corporate Presentation / Summer 2016 / Page 95

96 Increased investment as a basis for profitable growth - in billions of euros Investment in property, plant and equipment Research and development expenditure Actual 2010 Actual 2011 Actual 2012 Actual 2013 Actual 2014 Actual 2015 Plan 2016/17 (average p.a.) Daimler Corporate Presentation / Summer 2016 / Page 96

97 Capital expenditure / Research and development - in billions of euros - Investment in property, plant and equipment Research and development expenditure Actual 2014 Actual 2015 Plan 2016/2017 (average p.a.) Actual 2014 Actual 2015 Plan 2016/2017 (average p.a.) Daimler Corporate Presentation / Summer 2016 / Page 97

98 Capital expenditure / Research and development Investment in property, plant and equipment Research and development expenditure Actual 2014 Actual 2015 Plan* Actual 2014 Actual 2015 Plan* Daimler Group of which Mercedes-Benz Cars Daimler Trucks Mercedes-Benz Vans Daimler Buses Daimler Financial Services * average p.a. in billions of euros Daimler Corporate Presentation / Summer 2016 / Page 98

99 MBC retail sales by model Q in units - Retail sales Q Q Change in % Mercedes-Benz 1,006, , of which*: A-/B-Class 220, , C-Class 229, , E-Class 135, , S-Class 45,299 56, SUVs** 339, , Sports Cars 13,839 16, V-Class 22,280 15, smart 73,510 62, Mercedes-Benz Cars 1,080, , * incl. Derivatives ** incl. GLA Daimler Corporate Presentation / Summer 2016 / Page 99

100 MBC retail sales by model FY in units - Retail sales FY 2015 FY 2014 Change in % Mercedes-Benz 1,871,599 1,650, of which*: A-/B-Class 414, , C-Class 460, , E-Class 301, , S-Class 107, , SUVs** 525, , Sports Cars 30,441 31, V-Class 31,501 24, smart 119,382 89, Mercedes-Benz Cars 1,990,981 1,739, * incl. Derivatives ** incl. GLA Daimler Corporate Presentation / Summer 2016 / Page 100

101 MBC retail sales major markets Q in units - Retail sales Q Q Change in % China* 229, , of which locally produced vehicles 148,495 98, USA 165, , Germany 161, , UK 93,745 77, BRIKT** 70,931 71, Italy 49,728 41, Japan 34,288 32, France 32,961 28, South Korea 25,208 22, Spain 27,019 21, Russia 19,271 23, Canada 21,149 19, Turkey 14,509 11, Rest of World 206, , Mercedes-Benz Cars 1,080, , *Incl. Hong Kong **BRIKT: Brazil, Russia, India, South Korea and Turkey Daimler Corporate Presentation / Summer 2016 / Page 101

102 MBC retail sales major markets FY in units - Retail sales FY 2015 FY 2014 Change in % China* 386, , of which locally produced vehicles 237, , USA 350, , Germany 309, , UK 152, , BRIKT** 149, , Italy 76,064 61, Japan 65,983 61, France 62,971 55, South Korea 45,638 35, Spain 45,132 34, Russia 42,179 50, Canada 39,696 36, Turkey 30,433 23, Rest of World 351, , Mercedes-Benz Cars 1,990,981 1,739, *Incl. Hong Kong **BRIKT: Brazil, Russia, India, South Korea and Turkey Daimler Corporate Presentation / Summer 2016 / Page 102

103 MBC regional retail sales mix Q Rest of World 19,1% 21,2% China* Canada Spain 2,0% 2,5% France 3,1% Japan 3,2% Italy 4,6% 15,3% USA 6,6% *Incl. Hong Kong BRIKT** 8,7% UK 14,9% Germany **BRIKT: Brazil, Russia, India, South Korea and Turkey Daimler Corporate Presentation / Summer 2016 / Page 103

104 MBC regional retail sales mix FY 2015 Rest of World 17,7% 19,4% China* Canada 2,0% Spain 2,3% France 3,2% Japan 3,3% Italy 3,8% BRIKT** 7,5% 17,6% USA 7,7% 15,6% *Incl. Hong Kong **BRIKT: Brazil, Russia, India, South Korea and Turkey UK Germany Daimler Corporate Presentation / Summer 2016 / Page 104

105 Daimler follows a conservative Financial Policy Clear commitment to a single A rating Balanced approach between shareholder interest and credit providers Dividend policy on a sustainable basis (40% target pay-out ratio) No share buybacks planned, further pension contributions will be evaluated Daimler Corporate Presentation / Summer 2016 / Page 105

106 Bond Maturities - in billions of euros - Bonds total outstanding as of Q2 2016: 59.1 Bonds short term Q Q Q Q Next 12 months Bonds long term 0-1 Y 1-2 Y 2-3 Y 3-4 Y 4-5 Y 5-6 Y >6 Y Daimler Corporate Presentation / Summer 2016 / Page 106

107 Bonds and ABS Development in billions of euros - Bond development -9,4 10,8-10,2 16,9 Maturities New deals 38,7 42,9 50, Actual 2014 Actual 2015 Actual ABS development -4,4-5,8 6,2 3,5 6,1 6,0 7, Actual 2014 Actual 2015 Actual Note: Figures may not be additive due to fx effects and rounding. Daimler Corporate Presentation / Summer 2016 / Page 107

108 Financial Flexibility is Key Liquidity Management Tool ~ 100% General approach: Maturities of next 12 months need to be covered by financial flexibility* ABS Potential Credit Facility Liqui FS Other CP Bank Loans Bonds * Financial flexibility = Cash + Committed Credit Facilities + Receivables available for sale (RAFS) Liqui IB available Liquidity Maturity Acc. Dep. Ensures repayment of maturing debt in case of stress scenarios Daimler Corporate Presentation / Summer 2016 / Page 108

109 Our funding strategy is built on prudent principles Targeting Financial Independence Maximizing Financial Flexibility Stringent Global Funding Policy No dependence from single markets, instruments, banks or investors Diversification of funding sources and instruments: Bank Loans, Bonds, ABS, CP, Deposits No Covenants, no MAC, no asset pledges, no CSAs Keeping prudent amount of Cash and Committed Credit Facility New markets funded via global and local banks first Early capital market funding to save credit capacity in growth regions Liquidity matched funding Interest rate matched funding Currency matched funding Country matched funding Daimler Corporate Presentation / Summer 2016 / Page 109

110 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-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets, caused for example by the possible exit of the United Kingdom from the European Union; a deterioration of our refinancing possibilities on the credit and financial markets; events of force majeure including natural disasters, acts of terrorism, political unrest, armed conflicts, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates; a shift in consumer preferences towards smaller, lower-margin vehicles; a possible lack of acceptance of our products or services which limits our ability to achieve prices and adequately utilize our production capacities; price increases for fuel or raw materials; disruption of production due to shortages of materials, labor strikes or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiencyoptimization measures; the business outlook for companies in which we hold a significant equity interest; the successful implementation of strategic cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending government investigations or of investigations requested by governments and the conclusion of pending or threatened future legal proceedings; and other risks and uncertainties, some of which we describe under the heading Risk and Opportunity Report in the current Annual Report. If any of these risks and uncertainties materializes or if the assumptions underlying any of our forward-looking statements prove to be incorrect, the actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements since they are based solely on the circumstances at the date of publication. Daimler Corporate Presentation / Summer 2016 / Page 110