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Mercedes-Benz Group
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group. The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach) and Smart. It has shares in other vehicle manufactures such as Daimler Truck, Denza, BAIC Motor and Aston Martin. By unit sales, the Mercedes-Benz Group is the thirteenth-l ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Mercedes-Benz Mexico
Mercedes-Benz Mexico S. de R.L. de C.V. is a subsidiary of the Mercedes-Benz Group, headquartered in Mexico City. History Mercedes-Benz Mexico started from the company FAMSA (Fábrica Automotriz Mexicana S.A.) in 1990 with the same people and facilities. Before that, FAMSA had a joint venture with the Mexican company Hermes-Group, where Mercedes-Benz AG had 20%. Hermes-Group have some other automotive parts manufacturing operations in Mexico. FAMSA was assembling trucks with International engines and QSP American Cabins at that time. The Monterrey facilities were born from a CAIO Brazilian bus manufacturing company who were working with the Mexican crises in 1995. At that time Marcopolo, another bus body manufacturer entered a joint venture with Mercedes Benz, where the Viaggio and Paradiso bus models were assembled on a Mercedes-Benz chassis during the '90s. Mercedes-Benz Mexico has four manufacturing facilities in: *Santiago Tianguistenco (STMP) Produces Freightliner's Busin ...
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Baden-Württemberg
Baden-Württemberg (; ), commonly shortened to BW or BaWü, is a German state () in Southwest Germany, east of the Rhine, which forms the southern part of Germany's western border with France. With more than 11.07 million inhabitants across a total area of nearly , it is the third-largest German state by both area (behind Bavaria and Lower Saxony) and population (behind North Rhine-Westphalia and Bavaria). As a federated state, Baden-Württemberg is a partly-sovereign parliamentary republic. The largest city in Baden-Württemberg is the state capital of Stuttgart, followed by Mannheim and Karlsruhe. Other major cities are Freiburg im Breisgau, Heidelberg, Heilbronn, Pforzheim, Reutlingen, Tübingen, and Ulm. What is now Baden-Württemberg was formerly the historical territories of Baden, Prussian Hohenzollern, and Württemberg. Baden-Württemberg became a state of West Germany in April 1952 by the merger of Württemberg-Baden, South Baden, and Württemberg-Hohenzollern. The ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Here (company)
Here Technologies (stylised and trading as HERE and here) is an American-Dutch multinational group dealing with mapping, location data and related automotive services to individuals and companies. It is majority-owned by a consortium (an association, typically of several companies) of German automotive companies (namely Audi, BMW, the Mercedes-Benz Group) and American semiconductor company Intel whilst other companies also own minority stakes. Its roots date back to U.S.-based Navteq in 1985, which was acquired by Finland-based Nokia in 2007. Here is currently based in The Netherlands. Here captures location content such as road networks, buildings, parks and traffic patterns. It then sells or licenses that mapping content, along with map related navigation and location services to other businesses such as Alpine Electronics, Garmin, BMW, Oracle Corporation and Amazon.com. This third-party licensing constitutes the core of the firm's business. In addition, Here provides ...
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Mercedes-Benz Bank
Mercedes-Benz Bank AG is a universal bank with seat in Stuttgart. Mercedes-Benz Group founded in 1979 the Mercedes Leasing GmbH and in 1987 the Mercedes-Benz Finanz GmbH. The universal bank was founded under the name DaimlerChrysler Bank in 2001 and obtained a banking license in 2002. The name was changed to Mercedes-Benz Bank in 2008. History The Mercedes-Benz Group AG in 1967 began with the vehicle leasing business and in 1979 founded the Mercedes Leasing GmbH, which became Mercedes-Benz Finanz GmbH in 1987. In 2000 DaimlerChrysler decided to expand the group's own bank through its service subsidiary debis to the universal direct bank DaimlerChrysler Bank,. The banking license was granted in July 2002. After the DaimlerChrysler Group in 2007 separated from the Chrysler division and operated as Daimler AG, the DaimlerChrysler Bank was renamed to Mercedes-Benz Bank on January 1, 2008. Business divisions The bank has over one million customers and a balance sheet total of 19.0 bill ...
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Mercedes-Benz Mobility
Mercedes-Benz Mobility AG (formerly Daimler Financial Services and Daimler Mobility) is the global financial and mobility services provider of the Mercedes-Benz Group. The company finances, leases and insures Daimler Group passenger cars and commercial vehicles, optimizes fleets of commercial customers and offers banking and credit/debit cards services in more than 40 countries. Additionally, a key part of today's business is its mobility services with more than 70 million users registered for the company's mobility services. Mercedes-Benz Mobility is based in Stuttgart, with more than 12,000 employees (2019). The total value of all financing and leasing contracts managed by the company exceeds €154 billion as of 2018. See also * MyTaxi *car2go Share Now GmbH is a German carsharing company, formed from the merger of Car2Go and DriveNow. Since 2022, it is a subsidiary of the Free2Move division of multinational automaker Stellantis providing carsharing services in urban ...
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Automotive Fuel Cell Cooperation
Automotive Fuel Cell Cooperation (AFCC) was a Vancouver, British Columbia, Canada, based automotive fuel cell technology company. The company was formed on February 1, 2008 as a spin-off from its predecessor, Ballard Power Systems to allow for further expansion of fuel cell technology.Automotive Tech"The Automotive Fuel Cell Cooperation (AFCC)"- technologynewsdaily.com - November 8, 2007 - Retrieved November 08, 2007
- - November 8, 2007 - Retrieved November 08, 2007
After the split, Ballard continued as a publicly traded company focusing on non-automotive applications (including buses), while AFCC became a privately held company of 150 employees, developing hydrogen fuel ...
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Mercedes-EQ Formula E Team
The Mercedes-EQ Formula E Team was a German racing team that competed in Formula E. The team made its debut at the 2019 Diriyah ePrix as part of the 2019–20 season, and Mercedes concluded their involvement with the team at the end of the 2021–22 Formula E World Championship. The team was taken over by McLaren and will return under the new ownership from the 2022–23 season. History On 24 July 2017, Mercedes announced that it would enter the FIA Formula E Championship in the 2019–20 season, and that it would leave the Deutsche Tourenwagen Masters (DTM) at the end of the 2018 season. Mercedes also announced that its new venture would be backed by the Mercedes-AMG Petronas Motorsport Formula One team. 2018–19 season Mercedes unofficially entered Formula E a season ahead of their debut through their affiliation with HWA. On 9 May 2018, HWA confirmed that it will enter the 2018–19 season as a customer team, using powertrains from Venturi, who HWA had already ...
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Mercedes-Benz In Formula One
Mercedes-Benz, a brand of the Mercedes-Benz Group, has been involved in Formula One as both team owner and engine manufacturer for various periods since 1954. The Mercedes-AMG Petronas F1 Team, which is based in Brackley, England, and possesses a German licence, majority owned by the Mercedes-Benz Group with Toto Wolff having a significant shareholding. Mercedes-branded teams are often referred to by the nickname, the "Silver Arrows". An announcement was made in December 2020 that Ineos planned to take a one third equal ownership stake alongside the Mercedes-Benz Group and Wolff; this came into effect on 25 January 2022. Before the Second World War, Mercedes-Benz competed in the European Championship, winning three titles. The marque debuted in Formula One in . After winning their first race at the 1954 French Grand Prix, driver Juan Manuel Fangio won another three Grands Prix to win the 1954 Drivers' Championship and repeated this success in . Despite winning two Drivers' ...
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Manufacturing Commercial Vehicles
Manufacturing Commercial Vehicles (MCV) is an Egyptian manufacturer for buses and trucks. The factory, manufacturing plant is located in Salheya, the Head Office in Obour City, near Cairo. The manufacturer owns the trademark rights of the brands ''ECHOLINE'', ''eVolution'' and ''MCV''. Some models are assembled under the dual brand name ''Mercedes-Benz MCV''. History The company was founded in 1994 after a purchase of two factory facilities from the Ghabbour Group by Daimler AG. The Capacity utilization, production capacity in Egypt is 6,000 buses and 1,200 trucks a year. Worldwide locations * Cuba: Since 1995 ''MCV Cuba'' is the official importer for vehicles of the Daimler AG. It is the only authorized dealer of Mercedes-Benz vehicles. * Algeria: Since 2000 as importer''A propos de MCV''
MCV Algérie. Retrieved 18 Oktober 2015. * United ...
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Master Motors
Master Motors ( ur, ) is a Pakistani bus and truck manufacturer, based in Karachi, Pakistan since 2002. Master Motors is the authorized assembler and manufacturer of Changan, Daimler Fuso, Foton, Iveco Trucks & Yutong vehicles in Pakistan. Master Motors is made an agreement with Chinese automobile company Changan Automobile after awarded Greenfield status by Ministry of Industries & Production. Master Motors is also assembling Italian Iveco Trucks in Pakistan starting from mid 2019. History Master Motors Corporation is one of several companies that make up Master Group of Industries. The flagship company Master Enterprises was established in 1963 and with a passage of time the group entered into diversified industries, emerging as one of the leading industrial groups in Pakistan. Master Motors is an ISO certified automobile assembling and manufacturing company formed in 2002. China’s Changan and Master Motors to set up an automobile manufacturing plant in Karachi. The vent ...
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