The German automaker known as Daimler AG, the parent company of Mercedes-Benz, officially has a new name. In a press release, company shareholders voted overwhelmingly (99.89 percent) to rename Daimler AG as the Mercedes-Benz Group AG, effective February 1, 2022. There will be four brands: Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, and Mercedes-EQ. What’s not included is the truck and bus division.
As we reported last February, the commercial truck division, now called Daimler Truck Holding AG, will become its own independent company on the Frankfurt Stock Exchange by the end of this year. The two separate companies will soon be in a better position to “create decisive value added for all stakeholders.”