Mercedes-Benz is synonymous with luxury and automotive excellence, but who exactly is behind this iconic brand? Many people wonder about the ownership of such a prestigious car manufacturer. To clarify, Mercedes-Benz is owned by Mercedes-Benz Group AG.
Formerly known as Daimler AG, the company underwent a name change in February 2022 to emphasize its focus on Mercedes-Benz and related brands. This renaming signified a strategic shift, allowing Daimler Truck to operate more independently. Therefore, when you ask “Who Owns Benz?”, the answer is Mercedes-Benz Group AG, a company rooted in a rich history of automotive innovation.
This group encompasses Mercedes-Benz AG, which is responsible for the Mercedes-Benz Cars and Mercedes-Benz Vans businesses. Understanding this corporate structure clarifies that Mercedes-Benz is not owned by an individual but by a publicly traded company, Mercedes-Benz Group AG. This entity ensures the continued development, production, and global distribution of Mercedes-Benz vehicles, maintaining its legacy in the automotive world.