Mercedes-Benz (German: [mɛɐ̯ˈtseːdəsˌbɛnts, -dɛs-])[6][7] is both a German automotive marque and, from late 2019 onwards, a subsidiary (Mercedes-Benz AG) of Daimler AG.[1] Mercedes-Benz is known for producing luxury vehicles and commercial vehicles.[note 2] The headquarters is in Stuttgart, Baden-Württemberg. The name first appeared in 1926 under Daimler-Benz. In 2018, Mercedes-Benz was the largest seller of premium vehicles in the world, having sold 2.31 million passenger cars.[8]
Mercedes-Benz AG
Type
Subsidiary (AG)[1]IndustryAutomotivePredecessors
Benz & Cie.
(1883–1926)
Daimler-Motoren-Gesellschaft
(1890–1926)
Mercedes (marque)
(1901–1926)
Founded28 June 1926; 94 years ago[note 1]Founders
Karl Benz
Gottlieb Daimler
Headquarters
Stuttgart
,
Germany
Area served
Worldwide
Key people
Ola Källenius, Chairman of the Board of Management[2]Products
Automobiles
Light commercial vehicles
Production output
 2.3 million cars worldwide (+0.9%) (2018) [3]Brands
Mercedes-Benz EQ
Mercedes-Maybach
Services
Financial services
Automobile repair
ParentDaimler AG[1]Divisions
Mercedes-Benz Cars[4]
Mercedes-Benz Vans
SubsidiariesMercedes-AMG[5]Websitewww.mercedes-benz.com
The company's origins come from Daimler-Motoren-Gesellschaft's 1901 Mercedes and Karl Benz's 1886 Benz Patent-Motorwagen, which is widely regarded as the first internal combustion engine in a self-propelled automobile. The fuel was not gasoline, but rather a much more volatile petroleum spirit called ligroin. This was so quick to burn or explode, so it was not stored inside. The slogan for the brand is "the best or nothing
Mercedes-Benz AG
Type
Subsidiary (AG)[1]IndustryAutomotivePredecessors
Benz & Cie.
(1883–1926)
Daimler-Motoren-Gesellschaft
(1890–1926)
Mercedes (marque)
(1901–1926)
Founded28 June 1926; 94 years ago[note 1]Founders
Karl Benz
Gottlieb Daimler
Headquarters
Stuttgart
,
Germany
Area served
Worldwide
Key people
Ola Källenius, Chairman of the Board of Management[2]Products
Automobiles
Light commercial vehicles
Production output
 2.3 million cars worldwide (+0.9%) (2018) [3]Brands
Mercedes-Benz EQ
Mercedes-Maybach
Services
Financial services
Automobile repair
ParentDaimler AG[1]Divisions
Mercedes-Benz Cars[4]
Mercedes-Benz Vans
SubsidiariesMercedes-AMG[5]Websitewww.mercedes-benz.com
The company's origins come from Daimler-Motoren-Gesellschaft's 1901 Mercedes and Karl Benz's 1886 Benz Patent-Motorwagen, which is widely regarded as the first internal combustion engine in a self-propelled automobile. The fuel was not gasoline, but rather a much more volatile petroleum spirit called ligroin. This was so quick to burn or explode, so it was not stored inside. The slogan for the brand is "the best or nothing
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