Mercedes-Benz, synonymous with luxury and automotive excellence, is a brand recognized globally. When considering such an iconic marque, a common question arises: Who Is The Owner Of Benz? To clarify, “Benz” is indeed part of the full name, Mercedes-Benz. Understanding the ownership structure involves delving into the history and evolution of this automotive giant.
Historically, the story begins with Karl Benz and Gottlieb Daimler, the pioneering inventors of the modern automobile. Their independent companies, Benz & Cie. and Daimler-Motoren-Gesellschaft (DMG), merged in 1926 to become Daimler-Benz, later known as Daimler AG. This merger created the foundation for the Mercedes-Benz we know today.
Over the years, Daimler AG evolved, encompassing various brands and divisions. However, in a significant restructuring aimed at sharpening focus and unlocking value, Daimler AG spun off its truck and bus division as Daimler Truck in December 2021. Following this strategic separation, the car and van division, which includes Mercedes-Benz, officially rebranded itself as Mercedes-Benz Group AG in February 2022.
Therefore, to answer the question directly, the owner of Benz, or more accurately, Mercedes-Benz, is Mercedes-Benz Group AG. This publicly traded company is headquartered in Stuttgart, Germany, and is responsible for the development, production, and distribution of Mercedes-Benz passenger cars, vans, and related services. While individual shareholders own parts of the company through stock ownership, Mercedes-Benz Group AG is the overarching entity that owns and manages the prestigious Mercedes-Benz brand.