Mercedes is a renowned name in the automotive industry, with a solid gold reputation to protect. They manufacture high-performance and luxury cars. If you haven’t done your research well, you may not know the name behind the curtain. Who owns Mercedes-Benz, anyway? When did they start, and how did Mercedes create their solid gold reputation?
Let Rxmechanic help you unveil everything you need to know about the world-renowned automaker.
Mercedes-Benz corporation is a division of its parent company, Daimler AG, a more prominent German auto manufacturer. Daimler AG is also famous for manufacturing cars with top-notch technology. They have many offices across the globe, with the HQ in Stuttgart, Baden-Wurttemberg, Germany.
Mercedes-Benz corporation is formerly known as Daimler-Benz, and Daimler-Benz has owned it since 1926. Indeed, Daimler AG owns Daimler trucks and Mercedes Benz; you may ask, who owns Mercedes stadium? The state of Georgia owns the Atlanta Falcons’ Mercedes stadium.
Brief History Of Mercedes-Benz
The outstanding reputation of Mercedes is a nurturing innovation of over a century. In 1886, Karl Benz invented the first gasoline vehicle, and Daimler Motors Corporation started marketing it to the public in 1901.
Both Companies started partnering when Daimler Motors Corporation began marketing Karl Ben’s gasoline-powered vehicles. In 1924, they agreed and signed an ‘agreement of mutual interest,’ which merged them as a single company in 1926. Right after the incorporation, all the vehicles they manufactured in all their factories were named Mercedes-Benz.
Other historical facts that may interest you about Mercedes-Benz.
- Daimler-Motoren-Gesellschaft manufactured the first truck in the world in 1896.
- In 1901, the first Mercedes-Benz produced started getting accolades in “Nice Race Week.”
- In 1909, Mercedes-Benz registered a four-pointed and three-pointed star as the Brand’s trademark.
Interesting Facts About Mercedes-Benz
Have you ever wondered about the individuals behind the success of Mercedes-Benz? The success story begins with four like-minded individuals.
Karl Benz, Wilhelm Maybach, Gottlieb Daimler, and Emil Jellinek. The first three people use their names to form the company’s brand. In contrast, Emil Jellinek was inspired by her daughter’s name, Mercedes, for the leading company’s name.
These individuals are known for pushing real-time innovation in the automotive industry. Here are a few other facts you need to know about Mercedes-Benz;
- Mercedes-Benz has 93 office locations around the globe, with its headquarter in Stuttgart, Germany.
- Mercedes-Benz cars are manufactured in 17 countries on five continents and marketed around the globe.
- Mercedes-Benz of Newton revised their naming system for their 1994 models. That’s when their vehicles are divided into three classes – the C class is a notable Mercedes-Benz class.
Today’s Most Popular Mercedes-Benz Vehicle Models
Although Mercedes-Benz has passed a century in the age of automotive space, they still manufacture sophisticated supercars orchestrated with aesthetic feelings. Mercedes-Benz USA has a track record of producing roadsters, convertibles, sedans, SUVs, and, most recently, hybrid cars. Here are a few lists of their most popular rides;
- Mercedes-Benz A-Class
- Mercedes-Benz C Class
- Mercedes-Benz GLE
- Mercedes-Benz GLC.
Q: Is jeep owned by Mercedes?
Jeep is owned by Stellantis, a worldwide automaker formed by PSA Group and Fiat Chrysler automobiles [FCA] merger. Stellantis owns 14 car brands that make them stand out in the automotive manufacturing space. These car brands include Alfa Romeo, Dodge, Chrysler, Maserati, Ram, and Fiat.
Stellantis was officially born on January 16th, 2021, after FCA and PSA merged. The merging occurred in late 2019 but was delayed because of the coronavirus pandemic. After the merger, Stellantis became the fourth biggest automaker by volume and the third biggest manufacturer by revenue.
FCA owned Jeep before they merged with the PSA group. However, that’s not always the case. In fact, several companies have owned jeeps in the past decades.
Q: Does Mercedes make Chrysler?
Chrysler is currently part of FCA US, owned by fiat Chrysler automobiles. In 1998, Daimler-Benz of Germany acquired Chrysler for a deal worth $36 billion, and the company was named DaimlerChrysler.
It seems the two companies were never a good fit. However, Daimler helped produce vehicles like Dodge Challenger, Dodge Charger, Chrysler 300C, Grand Cherokee, to be much better than the first models. And in 2007, Daimler sold Chrysler for $7.4 billion to Cerberus, a private company in the United States.
Q: Is Mercedes owned by BMW?
No. Mercedes is owned by Daimler AG. In contrast, BMW is owned by its parent company, BMW groups. Mercedes and BMW are two independent companies – though they share common shares and connections with other big companies.
Q: Which company is bigger, Mercedes or BMW?
The more extensive discussion between Mercedes vs. BMW will divide the internet if not the world. Both Mercedes and BMW are iconic luxury auto manufactures, but which is bigger?
According to bloomberg.com, in 2019, BMW made more outstanding sales than Mercedes in the US auto market for the first time in four years.
BMW stormed the auto market in December 2019, as it sold 35,746 sport utility vehicles and cars, making 8, 732 car sales ahead of Mercedes.
Q: Do Mercedes own McLaren?
Mercedes-Benz (Daimler motors) owned the highest stake in the McLaren company during Ron Dennis’ reign. However, in 2011, their shares were bought out, and McLaren became a standalone company.
Later, in 2017, Ron Dennis sold his share to other shareholders. Currently, Bahrain Mumtalakat Holdings, the sovereign wealth fund of Bahrain, has the most significant holdings in McLaren. In a nutshell, McLaren is owned by the Bahrain royal family, though it is still a public company.
Q: Which is cheaper to maintain Mercedes or BMW?
Experts generally consider Mercedes more reliable than BMW. According to your mechanic report, BMWs are the most expensive car brand to maintain. It’s not even a close contest with Mercedes. BMW has an average maintenance cost of $17,800 over ten years. In contrast, Mercedes has an average maintenance cost of $12,900 for ten years. This is a difference of $4,900 for maintenance alone.
Now you have seen who owns Mercedes-Benz if you’re interested in learning who makes Mercedes Benz, head on to any Mercedes dealership website.
If you want to learn about Mercedes groups or make an excellent choice from their car line-ups, visit any dealership around you. They’ll be willing to answer questions you may have and even allow you to test drive any of their available models.