Mercedes-Benz Group

Mercedes-Benz Group User:Enslin, CC BY-SA 3.0

German automotive manufacturer

Mercedes-Benz Group AG is a German multinational automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie., the world's oldest car company, and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon the acquisition of the American automobile manufacturer, Chrysler Corporation 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 spun-off its commercial vehicle segment as an independent company, Daimler Truck.

Also known as...Daimler Chrysler, Daimler Benz, Daimler-Benz, DaimlerChrysler, Daimler, Daimler AG, and MBG
South Korea battery stocks rally

South Korea battery stocks rally South Korean battery makers see a stock surge following new partnership agreements with Mercedes-Benz.