Are Mercedes and Daimler the same company?
On 28 January 2022, CEO Ola Källenius announced that Daimler will be rebranded as Mercedes-Benz to pursue a higher valuation for the company as it shifts deeper into high-tech electric vehicles. On 1 February 2022, Daimler officially changed its registered company name to Mercedes-Benz Group AG. In 1926, with the success of the “Benz” and “Mercedes” vehicles still building, Karl Benz and Gottlieb Daimler merged their companies, and the first genuine Mercedes-Benz vehicles were produced. Daimler and Mercedes-Benz have spent more than 100 years walking hand in hand, leading the luxury automotive market forward.Gottlieb Daimler (born March 17, 1834, Schorndorf, Württemberg [Germany]—died March 6, 1900, Cannstatt, near Stuttgart) was a German mechanical engineer who was a major figure in the early history of the automotive industry.
Is Audi owned by Daimler?
The modern Audi era began in the 1960s, when Auto Union was acquired by Volkswagen from Daimler-Benz. Volkswagen relaunched the Audi brand with the 1965 introduction of the Audi F103 series, and merged Auto Union with NSU Motorenwerke in 1969, thus creating the present-day form of the company. Mercedes-Benz Corporation has been a division of a larger German automobile manufacturer, Daimler AG—but as of February 1, 2022, Daimler AG is now officially known as Mercedes-Benz AG!Mercedes-Benz (German pronunciation: [mɛʁˌtseːdəs ˈbɛnts, -dɛs -]), commonly referred to simply as Mercedes and occasionally as Benz, is a German automotive brand that was founded in 1926. Mercedes-Benz AG (a subsidiary of the Mercedes-Benz Group, established in 2019) is based in Stuttgart, Baden-Württemberg, Germany.The German trio Audi, Mercedes-Benz and BMW are often referred to as Germany’s Big Three, although the actual major automobile manufacturers are the Volkswagen Group (majority owner of Audi AG), the Mercedes-Benz Group, and BMW.It is also popularly believed that Audi is an acronym which stands for “Auto Union Deutschland Ingolstadt”. Audi produces over 2 million vehicles annually at its main production site in Ingolstadt. Audi has another production plant in Neckarsulm.
Who is Mercedes’ sister company?
Mercedes-Benz, which is best known for its luxury vehicles, is a subsidiary of Daimler AG. Freightliner, Thomas Built Buses, Detroit Diesel, and Smart Automobile are also part of Daimler. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company, Daimler Truck. The Mercedes-Benz Group’s marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach).It’s one of those things that seem to pop up every now and then. But, here’s the scoop: as of April 2025, Tata Motors does not own Mercedes-Benz. Mercedes-Benz remains an independent luxury car brand under its parent company, Daimler AG, now rebranded as Mercedes-Benz Group.The Mercedes-Benz Group is the largest individual shareholder of Daimler Truck Holding AG. Other major shareholders include the Mercedes-Benz Pension Trust e. V. Kuwait Investment Authority. On October 1, 2025, there were more than 820 thousand Daimler Truck Holding shareholders.
Do Mercedes pay well?
The average Mercedes-Benz Group salary ranges from approximately £15,704 per year for Apprentice to £51,709 per year for Human Resources Business Partner. Average Mercedes-Benz Group hourly pay ranges from approximately £7. Customer Experience Advisor to £16. Vehicle Technician. Based on the preliminary results for the 2023 financial year published today, eligible employees are expected to receive a profit sharing bonus of up to 7,300 euros. As a thank-you for their performance and engagement over the past year, Mercedes-Benz is once again sharing the company’s success with its employees.