Daimler Benz 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.
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25 Facts About Daimler Benz
2.
In 2021, Daimler Benz AG was the second-largest German automaker and the sixth-largest worldwide by production.
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3.
Daimler Benz is a component of the Euro Stoxx 50 stock market index.
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4.
Karl Benz remained as a member of the board of directors of Daimler-Benz AG until his death in 1929.
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5.
Daimler Benz produced parts for German arms, most notably barrels for Mauser Kar98k rifles.
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6.
Daimler Benz is renamed Motoren und Turbinen-Union Friedrichshafen GmbH in 1969.
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7.
In November 2014, Daimler Benz announced it would acquire 25 percent of Italian motorcycle producer MV Agusta for an undisclosed fee.
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8.
In 2017, Daimler Benz 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.
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9.
In February 2020, Daimler Benz 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.
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10.
In February 2021, Daimler said it planned to rename itself adopting the name of its flagship marque, Mercedes-Benz, and spun off its heavy commercial vehicles unit, Daimler Truck, into a separate listed company.
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11.
Daimler Benz Truck is listed on the Frankfurt Stock Exchange and its first trading day was on 10 December 2021.
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12.
On 28 January 2022, CEO Ola Kallenius announced that Daimler 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.
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13.
On 1 February 2022, Daimler officially changed its registered company name to Mercedes-Benz Group AG.
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14.
Mercedes-Daimler Benz Group has a worldwide networks of production plants and research centers.
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15.
From 1986 to 1989, Daimler produced the Mercedes-Benz W123 sedans in China under a joint venture with FAW Group, with 828 units assembled in Changchun.
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16.
Daimler Benz has partnered with Force Motors since the 1950s, they let Force Motors use the OM616 on the Force Gurkha and Trax.
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18.
In September 2019, Daimler Benz 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 Benz mainline.
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19.
Mercedes-Daimler Benz launched its first passenger car model equipped with a hybrid drive system in summer 2009, the Mercedes-Daimler Benz S-Class 400 Hybrid.
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20.
Daimler Benz 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.
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21.
Daimler Benz was rebranded as Mercedes GP with its base in Brackley, UK and Ross Brawn remaining team principal.
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22.
The Brawn purchase led to Daimler Benz selling back its stake in McLaren in stages, completed in 2011.
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23.
Daimler Benz owns Mercedes AMG High Performance Powertrains which, as of 2021, supplied engines to Aston Martin, Williams and McLaren, in addition to Mercedes AMG Petronas.
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24.
Prosecutors said that Daimler Benz engaged in a "long-standing practice" of paying bribes, due in part to a corporate culture that encouraged the practice.
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25.
Daimler Benz 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.
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