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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Mercedes-Benz Group
Ownership Structure: publicly traded
Headquartered in: Germany
Major Industry: motor vehicles
Specific Industry: motor vehicles
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $483,686,816 | 20 |
Federal (grants and allocated tax credits) | $9,219,441 | 3 |
TOTAL | $492,906,257 | 23 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $110,000,000 | 1 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $110,000,000 | 1 |
Time Period for State and Local Awards: Earliest year of data: 1993. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2013.
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
For an overview of this company's accountability track record, read its Corporate Rap Sheet
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Alabama | $459,867,882 | 6 |
Michigan | $14,315,806 | 2 |
Georgia | $6,000,000 | 1 |
North Carolina | $2,515,200 | 6 |
New Jersey | $505,725 | 1 |
All other | $482,203 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Mercedes Benz U. S. International | Alabama | state | 2012 | $1,253,774 | | cost reimbursement |
Mercedes Benz U. S. International | Alabama | state | 2010 | $1,015,014 | | cost reimbursement |
Mercedes Benz U. S. International | Alabama | state | 2013 | $300,000 | | cost reimbursement |
Mercedes-Benz Financial Services USA LLC | Texas | state | 2019 | undisclosed | | enterprise zone |
Mercedes-Benz Research & Development North America, Inc. | United States | federal | 2017 | $349,628 | | federal grant |
Mercedes-Benz Research & Development North America, Inc. | United States | federal | 2004 | $7,608,666 | | federal grant |
Mercedes-Benz Research & Development North America, Inc. | United States | federal | 2013 | $1,261,147 | | federal grant |
Mercedes-Benz USA, LLC | New Jersey | state | 2002 | $505,725 | | grant |
Mercedes-Benz USA, LLC | Georgia | state | 2016 | $6,000,000 | | grant |
Mercedes-Benz USA | Florida | local | 2016 | $64,800 | | grant |
Mercedes-Benz Usa, LLC | Georgia | local | 2015 | | $110,000,000 | loan or bond financing |
Daimler | Alabama | multiple | 2009 | $100,000,000 | | MEGADEAL |
Mercedes/DaimlerChrysler (now Daimler) | Alabama | multiple | 2000 | $119,300,000 | | MEGADEAL |
Mercedes-Benz | Alabama | multiple | 1993 | $238,000,000 | | MEGADEAL |
MERCEDES-BENZ RESEARCH &DEVELOPMENT NORTH AMERICA | Michigan | local | 2008 | undisclosed | | property tax abatement |
MERCEDES-BENZ HYBRID LLC | Michigan | local | 2009 | undisclosed | | property tax abatement |
Daimler | South Carolina | local | 1999 | undisclosed | | property tax abatement |
Daimler | South Carolina | local | 2006 | undisclosed | | property tax abatement |
Mercedes-Benz Research and Development North America, Inc. | Michigan | state | 2015 | $6,814,806 | | property tax abatement |
Mercedes-Benz Hybrid LLC | Michigan | state | 2009 | $7,501,000 | | tax credit/rebate |
Daimler North America Corporation | North Carolina | state | 2008 | $37,437 | | tax credit/rebate |
Mercedes-Benz | Oregon | state | 2008 | $1,247 | | tax credit/rebate |
Daimler Vans Manufacturing, LLC | South Carolina | state | 2009 | undisclosed | | tax credit/rebate |
Daimler North America Corporation | North Carolina | state | 2013 | $1,679,640 | | tax credit/rebate |
Daimler Vans Manufacturing, LLC | South Carolina | state | 2014 | undisclosed | | tax credit/rebate |
Daimler North America Corporation | North Carolina | state | 2016 | $182,202 | | tax credit/rebate |
Daimler North America Corporation | North Carolina | state | 2015 | $330,329 | | tax credit/rebate |
Mercedes_Benz USA, | Florida | state | 2017 | $324,000 | | tax credit/rebate |
Mercedes-Benz Vans, LLC | South Carolina | state | 2018 | undisclosed | | tax credit/rebate |
Mercedes-Benz USA | Illinois | state | 2014 | $92,156 | | tax credit/rebate |
Daimler North America Corporation | North Carolina | state | 2017 | $156,475 | | tax credit/rebate |
Daimler North America Corporation | North Carolina | state | 2018 | $129,117 | | tax credit/rebate |
Mercedes-Benz Vans, LLC | South Carolina | state | 2020 | undisclosed | | tax credit/rebate |
Daimler North America Corporation | West Virginia | state | 2011 | undisclosed | | tax credit/rebate |