Mercedes-Benz Group

Mercedes-Benz Group AG (formerly Daimler-Benz, DaimlerChrysler, and Daimler) is a <a href="/facts/Germany/paluuWBX">German</a> <a href="/facts/Multinational_corporation/qrMQSMTb">multinational</a> <a href="/facts/Automotive_industry/fGFKUIlA">automotive company</a> headquartered in <a href="/facts/Stuttgart/H4DCyM2U">Stuttgart</a>, <a href="/facts/Baden-W%25C3%25BCrttemberg/6MjmVxjI">Baden-Württemberg</a>, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of <a href="/facts/Benz_%2526_Cie./fJM2Gl63">Benz & Cie.</a>, the world's oldest car company, and <a href="/facts/Daimler_Motoren_Gesellschaft/ogYHFu8m">Daimler Motoren Gesellschaft</a> in 1926. The company was renamed DaimlerChrysler upon the acquisition of the American automobile manufacturer, <a href="/facts/Chrysler_Corporation/kMHhMgYx">Chrysler Corporation</a> in 1998, it was renamed to Daimler upon the divestment of Chrysler in 2007. In 2021, Daimler was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that <a href="/facts/Corporate_spin-off/AAdmMr3u">spun-off</a> its commercial vehicle segment as an independent company, <a href="/facts/Daimler_Truck/r8jlCr9c">Daimler Truck</a>.
The Mercedes-Benz Group's marques are <a href="/facts/Mercedes-Benz/pGrJrQHC">Mercedes-Benz</a> for cars and vans (including <a href="/facts/Mercedes-AMG/ryRhPFn4">Mercedes-AMG</a> and <a href="/facts/Maybach/pv22I1Bj">Mercedes-Maybach</a>). It has shares in other vehicle manufacturers such as <a href="/facts/Daimler_Truck/r8jlCr9c">Daimler Truck</a>, <a href="/facts/BAIC_Motor/6M8eATj1">BAIC Motor</a> and <a href="/facts/Aston_Martin/eePWNngz">Aston Martin</a>. Since 2019, <a href="/facts/Smart_(marque)/eraf7Uwm">Smart</a> left Daimler AG and became a 50/50 joint venture with <a href="/facts/Geely/xq6MzHt1">Geely</a>.
By unit sales, the Mercedes-Benz Group is the tenth-largest car manufacturer in the world; shipping two million passenger vehicles in 2021 and by revenue the seventh-largest car manufacturer worldwide in 2023. Also in 2023, the company was ranked 42nd in the <a href="/facts/Forbes_Global_2000/cpxW0UVa">Forbes Global 2000</a>. The group provides financial services through its <a href="/facts/Mercedes-Benz_Mobility/A9bNopTl">Mercedes-Benz Mobility</a> arm. The company is a component of the <a href="/facts/Euro_Stoxx_50/TCm5qt3R">Euro Stoxx 50</a> <a href="/facts/Stock_market_index/sEoyNPNV">stock market index</a>. The central company headquarters, the Mercedes-Benz offices, a car assembly plant, the <a href="/facts/Mercedes-Benz_Museum/HBcU0sUv">Mercedes-Benz Museum</a> and the <a href="/facts/Mercedes-Benz_Arena_(Stuttgart)/xEAoW2os">Mercedes-Benz Arena</a> are situated in the Mercedes-Benz complex in Stuttgart.

Mercedes-Benz Group open-in-new

Mercedes-Benz Group