Daimler AG

Daimler AG (previously named Daimler-Benz and DaimlerChrysler), commonly known and referred to as Mercedes-Benz, or simply as Daimler, is a German automotive manufacturer corporation headquartered in Stuttgart, Baden-Württemberg. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler to Cerberus Capital Management in 2007 (Chrysler is now owned by Stellantis).

As of 2014, Daimler owned or had shares in a number of car, bus, truck and motorcycle brands including Mercedes-Benz, Mercedes-AMG, Smart Automobile, Detroit Diesel, Freightliner, Western Star, Thomas Built Buses, Setra, BharatBenz, Mitsubishi Fuso, MV Agusta as well as shares in Denza, KAMAZ and BAIC Motor. The luxury Maybach brand was terminated at the end of 2012, but revived in April 2015 as “Mercedes-Maybach” versions of the Mercedes-Benz S-Class and Mercedes-Benz GLS-Class vehicles. In 2019, Daimler sold 3.3 million vehicles, making it one of the world’s leading car and truck manufacturers. By unit sales, Daimler is the thirteenth-largest car manufacturer and is the largest truck manufacturer in the world.