Mercedes-Benz
German luxury automotive brand / From Wikipedia, the free encyclopedia
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Mercedes-Benz (German pronunciation: [mɛʁˌtseːdəs ˈbɛnts, -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 light 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]
Product type | Automotive |
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Owner |
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Country | Germany |
Introduced | 28 June 1926; 97 years ago (1926-06-28) |
Company type | Subsidiary (AG)[1] |
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Industry | Automotive |
Predecessor | Mercedes-Benz division of Daimler AG |
Founded | November 2019; 4 years ago (2019-11) |
Headquarters | , Germany |
Area served | Worldwide |
Key people | Ola Källenius, Chairman of the Board of Management and CEO[2] |
Products | |
Production output | 2,164,187 cars worldwide (2020)[3] |
Brands |
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Services | |
Parent | Mercedes-Benz Group[1] |
Divisions |
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Subsidiaries | |
Website | mercedes-benz.com |
The brand's origins lie in Daimler-Motoren-Gesellschaft's 1901 Mercedes and Carl 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]