What is Daimler AG? - Luxury Automobile Holding Company


Daimler AG Logo

1. What is Daimler AG?

Daimler AG is a automobile holding manufacturing company which holds luxury automobile manufacturing brands. Daimler holds Mercedes Benz, Mercedes AMG and Mercedes Maybach brands from the very beginning of the company.

Daimler is owned by many organizations across the world including Nissan, Renault and other institutional investors in major.

2. History

Daimler AG formed by a mutual agreement within two companies which was Benz & Cie which was founded by Karl Benz and Daimler Motoren Gesellschaft which was founded by Gottlieb Daimler and Wihelm Maybach. Even after signing the mutual agreement both the companies Benz & Cie and Daimler Motoren Gesellschaft manufactured automobiles separately under two brand names as previously signing the mutual agreement.

Both the companies formally merged in 28th June 1926 and adopted the name Daimler Benz AG and adopted the brand name Mercedes Benz for the automobiles that they manufacture. Daimler AG is currently traded publicly on the Frankfurt Stock Exchange and currently headquartered in Stuttgart, Germany.