Does Mercedes have subsidiaries?
Mercedes-Benz AG (a subsidiary of the Mercedes-Benz Group, established in 2019) is based in Stuttgart, Baden-Württemberg, Germany. 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 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!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.Volkswagen is owned and managed by Volkswagen Aktiengesellschaft, or Volkswagen AG. In English, they might be referred to simply as the Volkswagen Group.
Who is the mother company of Mercedes-Benz?
Mercedes-Benz is owned by the German company Daimler AG, an automaker who produces a wide variety of upscale, luxurious vehicles such as buses, motorcycles, and cars. In addition to Mercedes-Benz, the world’s most valuable luxury automotive brand, Mercedes-AMG, Mercedes-Maybach as well as the brands of Mercedes-Benz Mobility: Mercedes-Benz Bank, Mercedes-Benz Financial Services and Athlon.The Mercedes-Benz Group’s marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach). It has shares in other vehicle manufacturers such as Daimler Truck, BAIC Motor and Aston Martin.In addition to Mercedes-Benz, the world’s most valuable luxury automotive brand (source: Interbrand study, 10 Oct. Mercedes-AMG, Mercedes-Maybach as well as the brands of Mercedes-Benz Mobility: Mercedes-Benz Bank, Mercedes-Benz Financial Services and Athlon.
Does Mercedes have a sister company?
The Mercedes-Benz brand is a subsidiary of The Mercedes-Benz Group AG, which until February 2022 was known as Daimler AG. This multinational auto corporation also owns Mercedes-AMG®, Mercedes-Maybach, and the Smart Car, as well as owning shares in Daimler Truck AG and Aston Martin. In 1998, Chrysler merged with German automaker Daimler-Benz to form DaimlerChrysler AG; the merger proved contentious with investors. As a result, Chrysler was sold to Cerberus Capital Management and renamed Chrysler LLC in 2007.Daimler AG Daimler AG is the parent company of Mercedes-Benz, Fuso, Western Star, Smart, Freightliner, Bharat Benz, Setra, and Thomas Built.