BENZ

Mercedes-Benz (German pronunciation: mɛɐ̯ˈtseːdəsˌbɛnts, -dɛs-),[6][7] commonly referred to as Mercedes and sometimes as Benz, is a German luxury and commercial vehicle automotive brand established in 1926. Mercedes-Benz AG (a Mercedes-Benz Group subsidiary established in 2019) is headquartered in Stuttgart, Baden-Württemberg, Germany.[1] Mercedes-Benz AG produces consumer luxury vehicles and commercial vehicles badged as Mercedes-Benz. From November 2019 onwards, Mercedes-Benz-badged heavy commercial vehicles (trucks and buses) are managed by Daimler Truck, a former part of the Mercedes-Benz Group turned into an independent company in late 2021. In 2018, Mercedes-Benz was the largest brand of premium vehicles in the world, having sold 2.31 million passenger cars.[8]

Mercedes-Benz

Product type
Automotive brand
Owner
Mercedes-Benz AG (cars and light commercial vehicles)
Daimler Truck (heavy commercial vehicles)
Country
Germany
Introduced
28 June 1926; 96 years ago
Mercedes-Benz AG

Type
Subsidiary (AG)[1]
Industry
Automotive
Predecessor
Mercedes-Benz division of Daimler AG
Founded
November 2019; 2 years ago
Headquarters
Stuttgart, Germany
Area served
Worldwide
Key people
Ola Källenius, Chairman of the Board of Management and CEO[2]
Products
Automobiles
Light commercial vehicles
Production output
2,164,187 cars worldwide (2020)[3]
Brands
Mercedes-Benz
Mercedes-EQ
Mercedes-Maybach
Services
Financial services
Automobile repair
Revenue
93,877,000,000 euro (2019) 
Operating income
3,359,000,000 euro (2019) 
Total assets
26,289,000,000 euro (2018) 
Number of employees
158,000 (2021) 
Parent
Mercedes-Benz Group[1]
Divisions
Mercedes-Benz Cars[4]
Mercedes-Benz Vans
Subsidiaries
Mercedes-AMG[5]
Smart Automobile (50%)
Website
mercedes-benz.com
The brand’s origins lie in Daimler-Motoren-Gesellschaft’s 1901 Mercedes and Karl Benz’s 1886 Benz Patent-Motorwagen, which is widely regarded as the first internal combustion engine in a self-propelled automobile. The slogan for the brand is “the best or nothing”.[9]