Mercedes-Benz Group AG is a German multinational automotive corporation headquartered in Stuttgart, Baden-Wurttemberg, Germany.
| FactSnippet No. 870,962 |
25 Facts About Daimler AG
2.
Daimler AG was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007.
| FactSnippet No. 870,963 |
3.
In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production.
| FactSnippet No. 870,964 |
4.
Daimler AG is a component of the Euro Stoxx 50 stock market index.
| FactSnippet No. 870,965 |
5.
Daimler AG produced parts for German arms, most notably barrels for Mauser Kar98k rifles.
| FactSnippet No. 870,966 |
6.
Daimler AG is renamed Motoren und Turbinen-Union Friedrichshafen GmbH in 1969.
| FactSnippet No. 870,967 |
7.
In November 2014, Daimler AG announced it would acquire 25 percent of Italian motorcycle producer MV Agusta for an undisclosed fee.
| FactSnippet No. 870,968 |
8.
In 2017, Daimler AG announced a series of acquisitions and partnerships with car startups focused on car sharing, in a move towards what it sees as the next generation of car ownership and usage.
| FactSnippet No. 870,969 |
9.
In February 2020, Daimler AG partnered with Twelve to create the world's first C-pillar made with polycarbonate from CO2 electrolysis in an effort towards a fully carbon neutral fleet.
| FactSnippet No. 870,970 |
10.
In February 2021, Daimler AG said it planned to rename itself adopting the name of its flagship marque, Mercedes-Benz, and spun off its heavy commercial vehicles unit, Daimler AG Truck, into a separate listed company.
| FactSnippet No. 870,971 |
11.
Daimler AG Truck is listed on the Frankfurt Stock Exchange and its first trading day was on 10 December 2021.
| FactSnippet No. 870,972 |
12.
On 28 January 2022, CEO Ola Kallenius announced that Daimler AG will be rebranded as Mercedes-Benz to pursue a higher valuation for the company as it shifts deeper into electric vehicles packed with digital gadgets.
| FactSnippet No. 870,973 |
13.
On 1 February 2022, Daimler AG officially changed its registered company name to Mercedes-Benz Group AG.
| FactSnippet No. 870,974 |
14.
From 1986 to 1989, Daimler AG produced the Mercedes-Benz W123 sedans in China under a joint venture with FAW Group, with 828 units assembled in Changchun.
| FactSnippet No. 870,975 |
15.
Daimler AG has partnered with Force Motors since the 1950s, they let Force Motors use the OM616 on the Force Gurkha and Trax.
| FactSnippet No. 870,976 |
17.
SsangYong further benefited from this alliance, long after Daimler AG-Benz stopped selling the Musso, producing a badge engineered version of the Mercedes-Benz MB100, the Istana and using Daimler AG designs in many other models, including the second-generation Korando, the Rexton, the Chairman H and the Kyron .
| FactSnippet No. 870,978 |
18.
In September 2019, Daimler AG redirected its internal combustion engine development initiatives to focus on electric vehicle technologies, leaving electric propulsion rather less of an "alternative" and more the Daimler AG mainline.
| FactSnippet No. 870,979 |
19.
Daimler AG has been involved with fuel cell vehicle development for some time, with a number of research and concept vehicles shown and demonstrated, the first being the 2002 Mercedes-Benz F-Cell car and the Mercedes-Benz Citaro hydrogen bus.
| FactSnippet No. 870,980 |
20.
Daimler AG is involved in a joint project with Archer Daniels Midland Company and Bayer CropScience to develop the semi-evergreen shrub jatropha curcas as a biofuel.
| FactSnippet No. 870,981 |
21.
Daimler AG was rebranded as Mercedes GP with its base in Brackley, UK and Ross Brawn remaining team principal.
| FactSnippet No. 870,982 |
22.
The Brawn purchase led to Daimler AG selling back its stake in McLaren in stages, completed in 2011.
| FactSnippet No. 870,983 |
23.
Daimler AG owns Mercedes AMG High Performance Powertrains which, as of 2021, supplied engines to Aston Martin, Williams and McLaren, in addition to Mercedes AMG Petronas.
| FactSnippet No. 870,984 |
24.
Prosecutors said that Daimler AG engaged in a "long-standing practice" of paying bribes, due in part to a corporate culture that encouraged the practice.
| FactSnippet No. 870,985 |
25.
Daimler AG was listed with the symbol "DAI" on the New York Stock Exchange, giving the Justice Department jurisdiction over the German car maker's payments in countries around the globe.
| FactSnippet No. 870,986 |