The Daimler Group : The Founder, Headquarter, Products And Other Things You Need To Know

The Daimler Group

Founded

1926 (original foundation of Daimler-Benz)

2007 (foundation of Daimler AG)

Headquarters

Mercedesstraße, Stuttgart, Germany

Number of locations

70 production facilities across the globe

Key people

Ola Källenius, Chairman of the Board of Management

Bernd Pischetsrieder, Chairman of the Supervisory Board

Production output

2,840,402 (2020)

Brands

Mercedes-Benz Cars

Mercedes-Benz, Mercedes-AMG,
Mercedes-Maybach, Smart,

Daimler Trucks

Commercial vehicles

Freightliner, Mercedes-Benz (truck group), Mitsubishi Fuso, Thomas Built Buses, Sterling Trucks, Western Star, BharatBenz

Components

Alliance Truck Parts

Detroit Diesel

Daimler Buses

Mercedes-Benz Buses, Setra

Mercedes-Benz Vans

Mercedes-Benz (vans group)

Daimler Mobility

Mercedes-Benz Bank

Mercedes-Benz Financial

Daimler Truck Financial

Owners

Institutional investors (52.7%)

Private shareholders (22.8%)

Tenaciou3 Prospect Investment Limited (Geely) (9.7%)

Kuwait Investment Authority (6.8%)
BAIC Group (5%)

Renault–Nissan (3.1%)

Holdings

In 2015, Daimler held interests in the following companies:

89.29% Mitsubishi Fuso Truck and Bus Corporation of Japan

50.1% Automotive Fuel Cell Cooperation of Canada

50% Engine Holding, a joint venture with Rolls Royce Limited

50% Denza (Shenzhen BYD Daimler New Technology Co., Ltd)

25% MV Agusta of Italy

12% Beijing Automotive Group (BAIC)

15% KAMAZ of Russia

20% Aston Martin Lagonda

Until the end of 2011, the company had also held shares in McLaren Group.

Number of employees

The Mercedes-Benz Group AG

Global workforce of around 170,000 people at 35 production sites on four continents.

Daimler Truck

Approximately 100,000 people at more than 35 main sites.

Daimler AG

Daimler AG, previously named Daimler-Benz and Daimler Chrysler, is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany.

It is one of the world’s leading car and truck manufacturers. 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 currently owned by Stellantis).

In 2021, Daimler AG, commonly known and referred to as Mercedes-Benz or simply Daimler, is the second-largest German automaker and the sixth-largest worldwide by production.

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.

• See Also : The Volkswagen Group