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Daimler AG
Daimler AG
(German pronunciation: [ˈdaɪmlɐ ʔaːˌɡeː] (listen); previously named Daimler-Benz
Daimler-Benz
and DaimlerChrysler) is a German multinational automotive corporation, headquartered in Stuttgart, Baden-Württemberg. Daimler-Benz
Daimler-Benz
was formed with the merger of Benz & Cie and Daimler Motoren Gesellschaft in 1926. The company was renamed Daimler Chrysler
Chrysler
upon acquiring the American automobile manufacturer Chrysler
Chrysler
Corporation in 1998, and was again renamed Daimler upon divesting of Chrysler
Chrysler
in 2007. As of 2014, Daimler owned or had shares in a number of car, bus, truck and motorcycle brands including Mercedes-Benz, Mercedes-AMG, Smart Automobile, Detroit
Detroit
Diesel, Freightliner, Western Star, Thomas Built Buses, Setra, BharatBenz, Mitsubishi Fuso, MV Agusta
MV Agusta
as well as shares in Denza, KAMAZ
KAMAZ
and Beijing
Beijing
Automotive Group. The luxury Maybach
Maybach
brand was terminated at the end of 2012, but revived in April 2015 as "Mercedes-Maybach" versions of the Mercedes-Benz
Mercedes-Benz
S-Class and G-Class. In 2017, Daimler sold 3.3 million vehicles.[4] By unit sales, Daimler is the thirteenth-largest car manufacturer and is the largest truck manufacturer in the world. Daimler provides financial services through its Daimler Financial Services
Daimler Financial Services
arm. The company is a component of the Euro Stoxx 50 stock market index.[5] Daimler AG
Daimler AG
complex in Stuttgart
Stuttgart
include central company headquarters, Mercedes-Benz
Mercedes-Benz
and Daimler car plants, Mercedes-Benz
Mercedes-Benz
Museum and stadium Mercedes-Benz Arena.

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1 History

1.1 1926–1998: Daimler-Benz 1.2 1998–2007: DaimlerChrysler 1.3 2007–present: Daimler

2 Corporate affairs

2.1 Management 2.2 2017 shareholder structure 2.3 EADS
EADS
shareholding 2.4 Leadership 2.5 North Charleston expansion

3 Brands 4 Locations 5 Holdings

5.1 Joint ventures and alliances

5.1.1 Beijing
Beijing
Automotive Group 5.1.2 Denza 5.1.3 Fujian Benz 5.1.4 Renault- Nissan
Nissan
and Daimler Alliance

6 Alternative propulsion

6.1 Electric 6.2 Fuel cell 6.3 Hybrid 6.4 Biofuel
Biofuel
research

7 Formula One 8 Bribery and corruption 9 Future plans 10 Notes 11 References 12 External links

History[edit] 1926–1998: Daimler-Benz[edit] This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: "Daimler AG" – news · newspapers · books · scholar · JSTOR (April 2019) (Learn how and when to remove this template message) Daimler-Benz logo Daimler AG's origin is in an Agreement of Mutual Interest signed on 1 May 1924 between Benz & Cie (founded 1883 by Karl Benz) and Daimler Motoren Gesellschaft
Daimler Motoren Gesellschaft
(founded 1890 by Gottlieb Daimler
Gottlieb Daimler
and Wilhelm Maybach). Both companies continued to manufacture their separate automobile and internal combustion engine marques until 28 June 1926, when Benz & Cie. and Daimler-Motoren-Gesellschaft formally merged - becoming Daimler-Benz
Daimler-Benz
AG (Aktiengesellschaft) - and agreed that thereafter, all of the factories would use the brand name of "Mercedes-Benz" on their automobiles. The inclusion of the name Mercedes in the new brand name honored the most important model series of DMG automobiles, the Mercedes series, which were designed and built by Wilhelm Maybach. They derived their name from a 1900 engine named after the daughter of Emil Jellinek. Jellinek became one of DMG's directors in 1900, ordered a small number of motor racing cars built to his specifications by Maybach, stipulated that the engine must be named Daimler-Mercedes, and made the new automobile famous through motorsports. That race car later became known as the Mercedes 35 hp. The first of the series of production models bearing the name Mercedes had been produced by DMG in 1902. Jellinek left the DMG board of directors in 1909. The name of Daimler as a marque of automobiles had been sold by DMG - following his death in 1900 - for use by other companies (Daimler Motor Company and Austro-Daimler). Since the new company, Daimler-Benz, would have created confusion and legal problems by including Daimler in its new brand name, it therefore used the name Mercedes to represent the Daimler-Motoren-Gesellschaft
Daimler-Motoren-Gesellschaft
interest. Karl Benz remained as a member of the board of directors of Daimler-Benz
Daimler-Benz
AG until his death in 1929. Although Daimler-Benz
Daimler-Benz
is best known for its Mercedes-Benz
Mercedes-Benz
automobile brand, during World War II, it also created a notable series of engines for German aircraft, tanks, and submarines. Its cars became the first choice of many Nazi, Fascist Italian and Japanese officials including Hermann Goring, Adolf Hitler, Benito Mussolini
Benito Mussolini
and Hirohito, who most notably used the Mercedes-Benz
Mercedes-Benz
770 luxury car. Daimler also produced parts for German arms, most notably barrels for Mauser
Mauser
Kar98k rifles. During World War II, Daimler-Benz
Daimler-Benz
employed the use of over 60,000 concentration camp prisoners and other forced laborers to build machinery. After the war, Daimler admitted to its links and coordination with the Nazi
Nazi
government In 1966, Maybach-Motorenbau GmbH merged with Mercedes-Benz
Mercedes-Benz
Motorenbau Friedrichshafen GmbH to form Maybach
Maybach
Mercedes-Benz
Mercedes-Benz
Motorenbau GmbH, under partial ownership by Daimler-Benz. The company is renamed Motoren und Turbinen-Union Friedrichshafen GmbH (MTU Friedrichshafen) in 1969. In 1989, Daimler-Benz InterServices AG (Debis)
Daimler-Benz InterServices AG (Debis)
was created to handle data processing, financial and insurance services, and real estate management for the Daimler group.[6] In 1995, MTU Friedrichshafen
MTU Friedrichshafen
became a wholly owned subsidiary of Daimler-Benz.

1998–2007: DaimlerChrysler[edit] Daimler Chrysler
Chrysler
logo, 1998–2007 In a so-called "Merger of Equals," or "Marriage made in Heaven", according to its then CEO and architect Jürgen E. Schrempp,[7] Daimler-Benz
Daimler-Benz
AG and United States-based automobile manufacturer Chrysler
Chrysler
Corporation, the smallest of the main three American automakers, merged in 1998 in an exchange of shares[8] and formed Daimler Chrysler
Chrysler
AG. Valued at US$38 billion, it was the world's largest ever cross-border deal.[9] The terms of the merger allowed Daimler-Benz's non-automotive businesses such as Daimler-Benz
Daimler-Benz
InterServices AG, "debis AG" for short, (created in 1989 to handle data processing, financial and insurance services, and real estate management for the Daimler group) to continue to pursue their respective strategies of expansion. debis AG reported revenues of $8.6 bn (DM 15.5 bn) in 1997.[10][11] The merger was contentious with investors launching lawsuits over whether the transaction was the 'merger of equals' that senior management claimed or actually amounted to a Daimler-Benz
Daimler-Benz
takeover of Chrysler. A class action investor lawsuit was settled in August 2003 for US$300 million while a suit by billionaire investor activist Kirk Kerkorian was dismissed on 7 April 2005.[12] The transaction claimed the job of its architect, Chairman Jürgen E. Schrempp, who resigned at the end of 2005 in response to the fall of the company's share price following the transaction. The merger was also the subject of a book Taken for a Ride: How Daimler-Benz
Daimler-Benz
Drove Off With Chrysler, (2000) by Bill Vlasic and Bradley A. Stertz.[13] Another issue of contention is whether the merger delivered promised synergies and successfully integrated the two businesses. Martin H. Wiggers' concept of a platform strategy like the VW Group, was implemented only for a few models, so the synergy effects in development and production were too low.[14] As late as 2002, Daimler Chrysler
Chrysler
appeared to run two independent product lines. Later that year, the company launched products that appeared to integrate elements from both sides of the company, including the Chrysler Crossfire, which was based on the Mercedes SLK platform and utilized Mercedes's 3.2L V6, and the Dodge
Dodge
Sprinter/Freightliner Sprinter, a re-badged Mercedes-Benz
Mercedes-Benz
Sprinter van. In 2000, Daimler Chrysler
Chrysler
acquired the Detroit Diesel
Detroit Diesel
Corporation and placed its on-highway division under Daimler Trucks
Daimler Trucks
North America. The off-highway division was placed under MTU Friedrichshafen
MTU Friedrichshafen
to form MTU America. Detroit Diesel
Detroit Diesel
branding has been maintained by DTNA and MTU America. In 2005, MTU-Friedrichshafen was sold to the Swedish investment firm EQT Partners. Daimler agreed to sell the Chrysler
Chrysler
unit to Cerberus Capital Management in May 2007 for US$6 billion.[15] Through most of its history, Chrysler
Chrysler
has been the smallest of the "Big 3" U.S. automakers, but in January 2007, DaimlerChrysler, excluding its luxury Mercedes and Maybach
Maybach
lines, also outsold traditionally second place Ford, though behind General Motors
General Motors
and Toyota. Chrysler
Chrysler
reported losses of US$1.5 billion in 2006. It then announced plans to lay off 13,000 employees in mid-February 2007, close a major assembly plant and reduce production at other plants in order to restore profitability by 2008.[16] Daimler Chrysler
Chrysler
had reportedly approached other carmakers and investment groups to sell Chrysler
Chrysler
in early 2007. General Motors
General Motors
was reported to be a suitor,[17] but on 3 August 2007, Daimler Chrysler
Chrysler
completed the sale of Chrysler
Chrysler
Group to Cerberus Capital Management. The original agreement stated that Cerberus would take an 80.1 percent stake in the new company, Chrysler
Chrysler
Holding LLC. Daimler Chrysler
Chrysler
changed its name to Daimler AG[note 1] and retained the remaining 19.9% stake in the separated Chrysler.[18] The terms saw Daimler pay Cerberus US$650 million to take Chrysler
Chrysler
and associated liabilities off its hands. Of the US$7.4 billion purchase price, Cerberus Capital Management
Cerberus Capital Management
was to invest US$5 billion in Chrysler
Chrysler
Holdings and US$1.05 billion in Chrysler's financial unit. The de-merged Daimler AG
Daimler AG
received US$1.35 billion directly from Cerberus but directly invested US$2 billion in Chrysler
Chrysler
itself. Chrysler
Chrysler
filed bankruptcy in 2009.[19]

2007–present: Daimler[edit] In November 2014, Daimler announced it would acquire 25 percent of Italian motorcycle producer MV Agusta
MV Agusta
for an undisclosed fee.[20] MV Holding acquired the 25 percent of MV Agusta
MV Agusta
back from Daimler in December 2017.[21] On 3 August 2015, Nokia
Nokia
announced that it had reached a deal to sell its Here digital maps division to a consortium of three German automakers—BMW, Daimler AG, and Volkswagen
Volkswagen
Group, for €2.8 billion.[22] This was seen as an indication that the automakers were interested in automated cars. In 2017, Daimler announced a series of acquisitions and partnerships with car startups focused on car sharing, in a move towards what it sees as the next generation of car ownership and usage.[23] Part of its corporate strategy is to “transition from being an automobile manufacturer to a mobility services provider.”[23] In April 2017 it announced a partnership with Via, a New York-based ride-sharing app, to launch a new ride-sharing service across Europe.[24] In September, it was announced that Daimler had led a fundraising round for car-sharing start up Turo, which is a platform that lets owners rent their vehicles out to other users.[25] It also acquired Flinc, a German startup that has built an app for peer-to-peer-style carpooling, has invested in Storedot, Careem, Blacklane
Blacklane
and FlixBus, and has acquired car2go and mytaxi.[23] China's automobile manufacturer, Geely
Geely
Group Co., Ltd, took a 9.69% stake in the company, through a subsidiary, in February 2018, making it the company's largest single shareholder.[26] In September 2018, Daimler invested $155 million in Electric Bus Maker Proterra.[27]

Corporate affairs[edit] Management[edit] Ola Källenius
Ola Källenius
became the Chairman of Daimler and Head of Mercedes-Benz
Mercedes-Benz
Cars on 22nd May 2019; Current (as of 22nd May 2019)[28] members of the Board of Management of Daimler AG
Daimler AG
are:

Ola Källenius: Chairman of the Board as well as Head of Mercedes-Benz Cars. Renata Jungo Brüngger: Integrity and Legal Affairs. Britta Seeger: Head of Mercedes-Benz
Mercedes-Benz
Cars Marketing and Sales. Wilfried Porth: Head of Human Resources, Labor Relations and Mercedes-Benz
Mercedes-Benz
Vans Hubertus Troska: Greater China. Bodo Uebber: Head of Finance and Controlling Martin Daum: Head of Daimler Trucks
Daimler Trucks
and Buses The board of management had had eight members before the unexpected resignation on 28 January 2014 of Andreas Renschler, former head of Manufacturing and Procurement Mercedes-Benz
Mercedes-Benz
Cars & Mercedes-Benz Vans. It returned to full strength on 1 January 2015 with the appointment of Swedish-born Ola Källenius
Ola Källenius
as head of Mercedes-Benz Cars Marketing and Sales. As of May 2015[update], the twenty members of Daimler AG's supervisory board are: Manfred Bischoff (Chairman), Michael Brecht (Deputy Chairman), Paul Achleitner, Sari Baldauf, Michael Bettag, Bernd Bohr, Clemens Börsig, Jürgen Hambrecht, Petraea Heynike, Andrea Jung, Joe Kaeser, Ergun Lümali, Sabine Maaßen, Wolfgang Nieke, Bernd Pischetsrieder, Valter Sanches, Jörg Spies, Elke Tönjes-Werner, Frank Weber, Roman Zitzelsberger.[29]

2017 shareholder structure[edit] by ownership[3]

Institutional investors: 70.6% Private investors: 19.5% Kuwait Investment Authority (Kuwait): 6.8% Renault
Renault
(France): 1.54% Nissan
Nissan
(Japan): 1.54% by region[3] 29.2% Europe (excluding Germany), 36.4% German, 24.3% United States, 6.8% Kuwait, 2.9% Asia, 0.4% Others.

EADS
EADS
shareholding[edit] Main article: Airbus As of March 2010, Daimler owned a 22.5% share of EADS.[30] In April 2013, Daimler sold its shares in EADS,[31] and the same year, EADS
EADS
restructured itself into a new aerospace company named Airbus.

Leadership[edit]

Daimler-Benz
Daimler-Benz
AG (1926–1998) Wilhelm Kissel (1926–1942) Wilhelm Haspel (1942–1952) Heinrich C. Wagner (1952) Fritz Koenecke (1952–1960) Walter Hitzinger (1961–1966) Joachim Zahn (1966–1979) Gerhard Prinz (1980–1983) Werner Breitschwerdt (1983–1987) Edzard Reuter
Edzard Reuter
(1987–1995) Jürgen E. Schrempp (1995–1998)

Daimler Chrysler
Chrysler
AG (1998–2007) Jürgen E. Schrempp (1998–2006) Robert James Eaton (co-CEO, 1998–2000) Dieter Zetsche
Dieter Zetsche
(2006–2007)

Daimler AG
Daimler AG
(2007–present) Dieter Zetsche
Dieter Zetsche
(2007–2019) Ola Källenius
Ola Källenius
(2019-present)

North Charleston expansion[edit] On 5 March 2015, Daimler AG
Daimler AG
announced a 1,200-job package to the North Charleston region for its van plant, to allow the company to start manufacturing Mercedes-Benz
Mercedes-Benz
Sprinter vans from scratch to meet demand in North America. From 2010, these vans were set up in Germany, then shipped to the United States
United States
partially disassembled for reassembly to avoid import tariffs. A Daimler official said that the Sprinter’s popularity in North America was making that process less efficient. The North Charleston plant had been employing only 100 workers. The Sprinter is available on the U.S. market as a panel van, crew bus and chassis in several variants with three lengths and roof heights, six-cylinder diesel or gasoline engines. The Sprinter has been assembled and sold in the United States
United States
since 2001.[32]

Brands[edit] The largest Daimler plant (producing Mercedes-Benz
Mercedes-Benz
cars) is in Sindelfingen, Germany. Daimler sells automobiles under the following brands worldwide:

Mercedes-Benz
Mercedes-Benz
Cars Maybach
Maybach
– production ended in 2012,[33] but the ultra-high end S-class is sold as Mercedes-Maybach Mercedes-Benz Mercedes-AMG Smart Car2Go Daimler Trucks Commercial vehicles Freightliner Mercedes-Benz
Mercedes-Benz
(truck group) Mitsubishi Fuso Thomas Built Buses Sterling Trucks
Sterling Trucks
– operations wound down in 2010, but will continue to support authorized dealers and vehicle owners Western Star BharatBenz Components Alliance Truck Parts Detroit
Detroit
Diesel Daimler Buses Mercedes-Benz
Mercedes-Benz
buses Orion Bus Industries
Orion Bus Industries
– operations wound down in 2012, and closed in 2013 Setra Mercedes-Benz
Mercedes-Benz
Vans Mercedes-Benz
Mercedes-Benz
(vans group) Daimler Financial Services Mercedes-Benz
Mercedes-Benz
Bank Mercedes-Benz
Mercedes-Benz
Financial Daimler Truck Financial Others Mercedes AMG High Performance Powertrains
Mercedes AMG High Performance Powertrains
(Builds engines for Formula 1 Racing) Locations[edit] The Daimler AG
Daimler AG
has a worldwide networks of production plants and research centers. The following list is a description of all locations worldwide that include a Daimler plant, including plants for Daimler subsidiaries EvoBus, Daimler Trucks
Daimler Trucks
North America, Detroit
Detroit
Diesel, Freightliner Trucks
Freightliner Trucks
and Mitsubishi Fuso Truck and Bus Corporation. The list excludes Daimler Financial Services
Daimler Financial Services
locations.[34]

City Country Purpose Employees[a] Plant area

Affalterbach Germany AMG engines 1,210 78,231 m2 (842,070 sq ft)

Aikawa Japan Production of transmission parts 267 N/A

Aksaray Turkey Atego, Axor, Actros & Unimog
Unimog
Research and development 1,737 560,000 m2 (6,000,000 sq ft)

Atlantis South Africa Foundry N/A N/A

Beijing China C-Class, E-Class (long versions for Chinese market) & GLK & GLA, Auman trucks (assembly) Four-cylinder engines (production & assembly), six-cylinder engines (assembly) 8,878 229,862 m2 (2,474,210 sq ft)

Bengaluru

India

Mercedes-Benz
Mercedes-Benz
Research and Development[35]

2900

N/A

Berlin Germany Various engines, components, transmission parts and fuel systems 2,538 501,502 m2 (5,398,120 sq ft)

Bremen Germany C-Class (sedan, estate & coupé), E-Class (coupé and convertible), SLK, SL, GLK 12,714 1,514,516 m2 (16,302,110 sq ft)

Buenos Aires Argentina Sprinter (body and assembly) Assembly of chassis 1,783 N/A

Charleston, South Carolina USA Sprinter (assembly) 104 N/A

Chennai India Trucks (LDT, MDT, HDT) under BharatBenz, Mercedes Benz
Mercedes Benz
and Fuso brandsBuses under BharatBenz 2,540 1,600,000 m2 (17,000,000 sq ft)

Cleveland, North Carolina USA Freightliner class 8 truck models (Cascadia, Century Class S/T, Columbia, and Argosy (cab over models)). 1,837 N/A

Detroit, Michigan USA Engines, transmissions, axle assembly 2,164 N/A

Dortmund Germany Transit-, interurban-, and mobility buses and coaches 268 N/A

Düsseldorf Germany Sprinter (body and assembly) 6,571 688,000 m2 (7,410,000 sq ft)

East London South Africa C-Class (sedan) 2,743 603,600 m2 (6,497,000 sq ft)

Ebina Japan Fuso trucks, various bodies Chassis
Chassis
development 430 83,000 m2 (890,000 sq ft)

Fuzhou China Vito, Viano, Sprinter (body and assembly) 1,544 130,000 m2 (1,400,000 sq ft)

Gaffney, South Carolina USA Chassis
Chassis
for vans, school buses, shuttle buses and motor homes 542 N/A

Gaggenau Germany Manual and automatic transmissions, axles, torque converters & pressed parts 6,280 460,000 m2 (5,000,000 sq ft)

García Mexico Bus chassis assembly 4000 42,709 m2 (459,720 sq ft)[36]

Gastonia, North Carolina USA Parts production 1,262 N/A

Hambach France Smart Fortwo
Smart Fortwo
and smart electric drive 822 695,000 m2 (7,480,000 sq ft)

Hamburg Germany Axles and axle components, steering columns, components for exhaust emission technology and lightweight structural parts 2,752 331,000 m2 (3,560,000 sq ft)

High Point, North Carolina USA School buses (assembly) Research and development 1,316 N/A

Holýšov Czech Republic Bus body components and -segments 360 N/A

Istanbul-Hoşdere Turkey Body shop, cathodic dip painting, paint shopTransit- and interurban buses and coaches (assembly) 4,421 N/A

Jakarta Indonesia Buses N/A N/A

Juiz de Fora Brazil Accelo & Actros(assembly) 926 N/A

Kassel Germany Axles, drive shafts & other components 2,820 435,873 m2 (4,691,700 sq ft)

Kawasaki Japan Fuso head office functions(Research and development, production of engines, axles & transmissions;LDT, MDT, HDT) 4,670 N/A

Kecskemét Hungary B-Class & CLA-Class 3,358 1,420,000 m2 (15,300,000 sq ft)

Kirchheim unter Teck Germany EvoBus
EvoBus
corporate headquartersSales 120 N/A

Kölleda Germany Three- and four-cylinder engines Production of the M178 engine used in the AMG GT 914 417,434 m2 (4,493,220 sq ft)

Ligny-en-Barrois France Transit buses & coaches(Assembly) 375 N/A

Logan Township, New Jersey USA Fuso N/A N/A

Ludwigsfelde Germany Sprinter (body and assembly) 1,993 540,000 m2 (5,800,000 sq ft)

Mannheim Germany Transit-, intercity buses and coaches (Body shop, cathodic dip painting, assembly) 3,301 N/A

Mannheim Germany Foundry, engines (production & remanufacturing) and green technology engines) 5,113 898,654 m2 (9,673,030 sq ft)

Molsheim France Customization of special purpose trucks 527 N/A

Mount Holly, North Carolina USA Freightliner Business Class M2
Freightliner Business Class M2
assembly 1,460 N/A

Neu-Ulm Germany Transit- and interurban buses & coaches(Paint shop and assembly) 3,578 N/A

Portland, Oregon USA Daimler Trucks North America
Daimler Trucks North America
headquartersTruck assemblyResearch and development 4,590 N/A

Pune India C-Class, E-Class, GL-Class, M-Class, S-Class, Research and Development 717 N/A

Rastatt Germany A-Class, B-Class & GLA-Class 6,557 1,474,332 m2 (15,869,580 sq ft)

Sakura Japan Fuso proving ground & test track 384 N/A

Saltillo Mexico Freightliner Cascadia 2,972 N/A

Sámano-Castro Urdiales Spain Chassis 246 N/A

Santiago Tianguistenco Mexico Freightliner assembly (Business Class M2, FLD Series, Century Class, Columbia & Coronado) 1,610 N/A

São Bernardo do Campo Brazil Entire Latin American truck product rangeEngines, axles, transmissions, bus chassisResearch and development 12,788 N/A

Sindelfingen Germany E-Class (sedan and estate), S-Class, CL-Class, CLS-Class, AMG GTResearch and development 26,134[b] 2,955,944 m2 (31,817,520 sq ft)

Stuttgart Germany Company headquartersEngines, axles, transmissions & other components Pre-commissioning foundry and forgeResearch and development 17,973 2,060,045 m2 (22,174,140 sq ft)

Toluca Mexico Refurbishing of engines, transmissions and other components N/A N/A

Toyama Japan Small, medium and large busesProduct development 646 N/A

Tramagal Portugal Fuso Canter 307 39,900 m2 (429,000 sq ft)

Tuscaloosa, Alabama USA C-Class, M-Class, R-Class, GL-Class 3,127 3,803,240 m2 (40,937,700 sq ft)

Vitoria-Gasteiz Spain Vito, V-Class(body and assembly) 3,293 600,000 m2 (6,500,000 sq ft)

Wanaherang, Gunung Putri, Bogor Indonesia Buses, Mercedes-Benz
Mercedes-Benz
Axor, Mercedes-Benz
Mercedes-Benz
C Class, Mercedes-Benz
Mercedes-Benz
E Class, Mercedes-Benz
Mercedes-Benz
GLC Class, Mercedes-Benz
Mercedes-Benz
GLE Class, Mercedes-Benz GLS Class, Mercedes-Benz
Mercedes-Benz
S Class (Assembly and exhaust parts production) N/A N/A

Wörth am Rhein Germany Actros, Antos, Arocs, Axor, Atego, Econic, Unimog, Zetros 11,741 N/A

^ As of December 2013

^ Excluding employees in research and development

Holdings[edit] In 2015, Daimler held interests in the following companies:

89.29% Mitsubishi Fuso Truck and Bus Corporation
Mitsubishi Fuso Truck and Bus Corporation
of Japan 50.1% Automotive Fuel Cell Cooperation of Canada 50% Engine Holding, a joint venture with Rolls Royce Limited 50% Denza
Denza
(Shenzhen BYD Daimler New Technology Co., Ltd) 25% MV Agusta
MV Agusta
of Italy[37] 12% Beijing Automotive Group
Beijing Automotive Group
(BAIC) 15% KAMAZ
KAMAZ
of Russia 5% Aston Martin
Aston Martin
Lagonda Until the end of 2011, the company had also held shares in McLaren Group.[citation needed] 17 April 2013, Daimler AG
Daimler AG
exited EADS,[38] the parent company of Airbus
Airbus
of Europe.

Joint ventures and alliances[edit] Beijing
Beijing
Automotive Group[edit] In February 2013, Daimler acquired a 12% stake in Beijing
Beijing
Automotive Industry Holding Co Ltd (BAIC), becoming the first western car manufacturer to own a stake in a Chinese company.[39] Daimler works with China's Beiqi Foton (a subsidiary of BAIC) to build Auman trucks.[40]

Denza[edit] In 2010 BYD Auto
BYD Auto
and Daimler AG
Daimler AG
created a new joint venture Shenzhen BYD Daimler New Technology Co., Ltd. In 2012 the new brand Denza
Denza
was launched by the joint venture to specialise in electric cars.

Fujian Benz[edit] In 2007 Daimler created a joint venture with Fujian Motors Group
Fujian Motors Group
and China Motor Corporation
China Motor Corporation
and created Fujian Benz
Fujian Benz
(originally Fujian Daimler Automotive Co.).

Renault- Nissan
Nissan
and Daimler Alliance[edit] On 7 April 2010, Renault- Nissan
Nissan
executives, Carlos Ghosn
Carlos Ghosn
and Dr. Dieter Zetsche
Dieter Zetsche
announced a partnership between the three companies.[41] The first fruits of the alliance in 2012 included engine sharing ( Infiniti Q50
Infiniti Q50
utilising Mercedes diesel engines)[42] and a re-badged Renault
Renault
Kangoo being sold as a Mercedes-Benz
Mercedes-Benz
Citan.[43]

Alternative propulsion[edit] Electric[edit] Daimler AG
Daimler AG
and the utility company RWE
RWE
AG were set in 2009 to begin a joint electric car and charging station test project in the German capital, Berlin, called "E-Mobility Berlin".[44] Following trials in 2007 and then with Tesla in 2009,[45][46] Daimler is building a production Smart electric drive car using Tesla's battery technology.[47] Daimler temporarily invested in Tesla, saving it from bankruptcy.[48] Daimler's joint venture with BYD[49] has resulted in the creation of the new brand Denza. In 2016, Daimler subsidiary ACCUMOTIVE announced their stationary batteries, to store up to 20 kWh of solar power for later use.[50] Daimler plans to invest €1.5 billion in battery technology,[51][52] and unveiled a factory in Kamenz in May 2017.[53]

Fuel cell[edit] Daimler has been involved with fuel cell vehicle development for some time, with a number of research and concept vehicles shown and demonstrated, the first being the 2002 Mercedes-Benz
Mercedes-Benz
F-Cell car and the Mercedes-Benz
Mercedes-Benz
Citaro hydrogen bus. In 2013, the Renault-Nissan/Daimler alliance was joined by Ford to further develop the fuel cell technology with an aim for production by 2017.[54][55]

Hybrid[edit] Mercedes-Benz
Mercedes-Benz
launched its first passenger car model equipped with a hybrid drive system in summer 2009, the Mercedes-Benz
Mercedes-Benz
S-Class 400 Hybrid.[56] and the Citaro Hybrid bus in 2007. Daimler Trucks and Mitusbishi Fuso have also trialed various hybrid models including the Mitsubishi Fuso Canter
Mitsubishi Fuso Canter
Eco Hybrid and Mitsubishi Fuso Aero Star Aero Star Eco Hybrid bus.

Biofuel
Biofuel
research[edit] Daimler AG
Daimler AG
is involved in a joint project with Archer Daniels Midland Company and Bayer CropScience
Bayer CropScience
to develop the semi-evergreen shrub jatropha curcas as a biofuel.[57]

Formula One[edit] Main article: Mercedes-Benz
Mercedes-Benz
in Formula One On 16 November 2009, Daimler (45.1%) and Aabar Investments (30%) purchased a 75.1% stake in Brawn GP. The company was rebranded as Mercedes GP with its base in Brackley, UK, with Ross Brawn
Ross Brawn
remaining team principal.[58] The Brawn purchase led to Daimler selling back its stake in McLaren
McLaren
in stages, completed in 2011.[59] Mercedes continued to provide sponsorship and engines to McLaren
McLaren
until 2015, after which McLaren
McLaren
switched to engines from Honda.[60] Prior to the 2011 season, Daimler and Aabar Investments purchased the remaining 24.9% stake owned by the team management in February 2011.[61] In November 2012 Aabar Investments sold its remaining shares, leaving the team (rebranded as Mercedes AMG Petronas F1 Team) wholly Daimler-owned.[62] Daimler also owns Mercedes AMG High Performance Powertrains
Mercedes AMG High Performance Powertrains
which, as of 2017, supplied engines to Force India[63] and Williams,[64] in addition to Mercedes AMG Petronas.

Bribery and corruption[edit] On 1 April 2010, Daimler AG's German and Russian subsidiaries each pleaded guilty to two counts of bribery charges brought by the U.S. Justice Department and the U.S. Securities and Exchange Commission. The parent company made a US$185 million settlement, but the company and its Chinese subsidiary remained subject to a two-year deferred prosecution agreement requiring further cooperation with regulators, adherence to internal controls and meeting other terms before final sentencing. Daimler would face harsher penalties should it fail to meet the terms of the agreement during the two-year period. Additionally, Louis J. Freeh, a former director of the Federal Bureau of Investigation, served as an independent monitor to oversee Daimler's compliance with anti-bribery laws. U.S. prosecutors accused key executives of Daimler, Daimler subsidiaries, and Daimler affiliates of illegally showering foreign officials with money and gifts between 1998 and 2008 to secure government contracts around the world. The investigation for the case revealed that Daimler improperly paid some $56 million in bribes related to more than 200 transactions in at least 22 countries (including China, Russia, Turkey, Hungary, Greece, Latvia, Serbia and Montenegro, Egypt and Nigeria, among other places) that, in return, awarded the company $1.9 billion in revenue and at least $91.4 million in illegal profits.[65] The SEC case was sparked in 2004 after David Bazzetta, a former auditor at then Daimler Chrysler
Chrysler
Corp, filed a whistleblower complaint after he was fired for raising questions about bank accounts controlled by Mercedes-Benz
Mercedes-Benz
units in South America.[66] Bazzetta alleged that he learned in a July 2001 corporate audit executive committee meeting in Stuttgart
Stuttgart
that business units "continued to maintain secret bank accounts to bribe foreign government officials", though the company knew the practice violated U.S. laws. In another attempt to silence Bazzetta, Daimler later offered to settle his termination of employment suit out of court and he eventually accepted a settlement. But Daimler's strategy with Bazzetta proved to be a failure as the U.S. criminal investigation for violating anti-bribery laws was already underway in what has been one of the most wide-ranging cases brought against a foreign corporation.[citation needed] According to the charges, the bribes were frequently made by over-invoicing customers and paying the excess back to top government officials or their proxies. The bribes also took the form of luxury European vacations, armored Mercedes vehicles for high-ranking government officials and a birthday gift to the then notorious[according to whom?] dictator of Turkmenistan, Turkmenbashi (Saparmurat Niyazov), including a golden box and 10,000 copies of his personal manifesto, Ruhnama, translated into German.[67][68] Investigators also found that the firm violated the terms of the United Nations' Oil-for-Food Programme with Iraq
Iraq
by giving kickbacks worth 10% of the contract values to officials within the Iraqi government, then led by Saddam Hussein. The SEC said the company made more than $4 million in profit from the sale of vehicles and spare parts in the corrupt oil-for-food deals.[65] U.S. prosecutors further alleged that some bribes were paid through shell companies based in the U.S. "In some cases Daimler wired these improper payments to U.S. bank accounts or to the foreign bank accounts of U.S. shell companies in order to transmit the bribe", the court papers said.[69] Prosecutors said that Daimler engaged in a "long-standing practice" of paying bribes, due in part to a corporate culture that encouraged the practice. "Using offshore bank accounts, third-party agents and deceptive pricing practices, [Daimler AG, its subsidiaries and affiliates] saw foreign bribery as a way of doing business," said Mythili Raman, a principal deputy in the Justice Department's criminal division.[70] "It is no exaggeration to describe corruption and bribe-paying at Daimler as a standard business practice", Robert Khuzami, director of the SEC's enforcement division, said in a statement.[71] As per the agreement with prosecutors, the two Daimler subsidiaries admitted to knowingly violating the Foreign Corrupt Practices Act, which bars companies and their officials from paying bribes to foreign officials to win business.[72] The Foreign Corrupt Practices Act applies to any company that lists its shares on U.S. stock exchanges. Daimler AG
Daimler AG
was listed with the symbol "DAI" on the New York Stock Exchange, giving the Justice Department jurisdiction over the German car maker's payments in countries around the globe. Judge Richard J. Leon of the United States
United States
District Court in Washington, D.C., approved the plea agreement and settlement, calling it a "just resolution". The primary case is USA v. Daimler AG, United States
United States
District Court for the District of Columbia, No. 1:10-cr-00063-RJL .[73][74]

Future plans[edit] Daimler AG
Daimler AG
plans to open vocational schools in Zambia
Zambia
in September 2019.[citation needed]

Notes[edit]

^ Press release by Tata Group. Jaguar now shares the rights to the Daimler name with Daimler AG, the German car manufacturer created when Daimler Chrysler
Chrysler
was split up. Jaguar agreed terms in 2007 which allow the German company to use the Daimler brand as the title of a trading company, a trade name or a corporate name – rights that it did not hold previously. The renegotiated terms did not affect Jaguar's rights to build Daimler cars. A spokesman for Jaguar said: “The extended usage agreement does not affect either company's existing right to use the Daimler name for a product.” — The Times 28 July 2008.

References[edit]

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External links[edit]

Wikimedia Commons has media related to Daimler AG.

Official website Documents and clippings about Daimler AG
Daimler AG
in the 20th Century Press Archives of the ZBW Authority control GND: 10182901-2 ISNI: 0000 0001 2316 4305 LCCN: no2008115581 NKC: stk2009457971 VIAF: 172887706 WorldCat Identities
WorldCat Identities
(via VIAF): 172887706

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Chrysler
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USA Shareholdingsand joint ventures Automotive Fuel Cell Cooperation (50.1%) Beijing
Beijing
Benz (50%) Denza
Denza
(50%) Tognum
Tognum
AG (50%) Fujian Benz
Fujian Benz
(50%) Here (33%) Airbus
Airbus
(22.41%) Kamaz
Kamaz
(10%) MV Agusta
MV Agusta
(25%) Tesla Motors
Tesla Motors
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Tata Motors
(7%) Aston Martin
Aston Martin
(5%) Predecessors Benz & Company (1883–1926) Daimler-Motoren-Gesellschaft
Daimler-Motoren-Gesellschaft
AG (1890–1926) Technologies Active Cylinder Control BlueTec People Wolfgang Bernhard Karlfried Nordmann Andreas Renschler Hans Scherenberg Jürgen E. Schrempp Karl Wilfert Joachim Zahn Dieter Zetsche Other DaimlerChrysler–Mitsubishi alliance BeiBen Truck

Category Commons

vteSmartA division of Daimler AGCurrent vehicles Fortwo Fortwo Cabrio Forfour Historic vehicles City Coupe Crossblade ED EV K Roadster Concept vehicles Crosstown Formore Forspeed Forstars Forvision Tridion4

Category Commons

vte Mitsubishi FusoA subsidiary of Daimler AGDomestic Japan Aero Ace Aero Midi Aero Queen Aero King Aero Star Canter Canter Eco Hybrid Fighter Rosa Super Great Outside Japan FB Series FC Series FE Series FG Series FH Series FK Series FL Series FM Series FP/FV Series Canter Van Rosa MK Series MP Series MS Series Bus Chassis Canter European

Category Commons

vte Daimler-Benz
Daimler-Benz
aircraft enginesPiston engines DB 600 DB 601 DB 602 DB 603 DB 604 DB 605 DB 606 DB 607 DB 609 DB 610 DB 612 DB 613 DB 614 DB 616 DB 621 DB 622 DB 627 DB 628 DB 632 Turbofans 109-007 DB 730 Turboprops/Turboshafts 109-021 DB 720 DB 721

vte Mercedes-Benz
Mercedes-Benz
in Formula One Mercedes-AMG
Mercedes-AMG
Petronas
Petronas
Motorsport (2010–present) Ownership Daimler AG
Daimler AG
(60%) Toto Wolff
Toto Wolff
(30%) Niki Lauda
Niki Lauda
(10%) Executive management Toto Wolff
Toto Wolff
(Head of motorsport) Dieter Zetsche
Dieter Zetsche
(Head of Daimler AG/Mercedes-Benz) Current personnel James Allison Aldo Costa James Vowles Geoff Willis Former personnel Bob Bell Loïc Bigois Ross Brawn Jock Clear Nick Fry Norbert Haug Niki Lauda Paddy Lowe 2019 Race drivers 44. Lewis Hamilton 77. Valtteri Bottas 2019 Test and reserve drivers Esteban Ocon Youth Programme drivers Esteban Ocon George Russell World Champions Lewis Hamilton Nico Rosberg Ambassadors Nico Rosberg Susie Wolff Notable drivers   Michael Schumacher Drivers' titles 2014 2015 2016 2017 2018 Constructors' titles 2014 2015 2016 2017 2018 Formula One
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cars MGP W01 MGP W02 F1 W03 F1 W04 F1 W05 Hybrid F1 W06 Hybrid F1 W07 Hybrid F1 W08 EQ Power+ F1 W09 EQ Power+ F1 W10 EQ Power+ Engine division Mercedes AMG High Performance Powertrains Related Daimler AG Mercedes-Benz Mercedes-AMG Daimler-Benz
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(1954–1955) Personnel Fritz Nallinger Alfred Neubauer Max Sailer Rudolf Uhlenhaut World Champions Juan Manuel Fangio Notable drivers   Hans Herrmann   Karl Kling   Hermann Lang   Stirling Moss   André Simon   Piero Taruffi Drivers' titles 1954 1955 Formula One
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cars W196 Related Daimler AG Mercedes-Benz Silver Arrows Success with Mercedes-Benz
Mercedes-Benz
engines Drivers' titles 1954 1955 1998 1999 2008 2009 2014 2015 2016 2017 2018 Constructors' titles 1998 2009 2014 2015 2016 2017 2018 Related Mercedes AMG High Performance Powertrains Mercedes-AMG Italics indicate factory team.

vte Mercedes-Benz
Mercedes-Benz
vehiclesA marque of DaimlerCurrentCars A B C CLA CLS E S Crossovers/SUVs GLA GLB GLC GLE GLS G Roadsters/sports cars SL SLC AMG GT AMG GT 4-Door Coupé One Vans Vito Citan Sprinter Commercial trucks Antos Arocs Atego Axor Actros Econic Unimog X Zetros Buses and coaches Citaro Sprinter Minibus Tourismo Historic and discontinued 10/30 PS 190SL C-Class/CLC-Class R-Class Simplex SSK SLK SLR McLaren SLS AMG T1 T2 Travego Vaneo Vario W110 W114 W120 W123 W124 W191 W201 Racing cars 300 SLR W25 W125 W125 Rekordwagen W194 W196 Concepts Bionic BlueZERO C111 C112 Concept A Sedan Concept EQA ConceptFASCINATION EQ ESF 2009 Experimental Safety Vehicle F-Cell F-Cell Roadster F100 F125 F200 Imagination F700 F800 GT Concept Ocean Drive Silver Lightning Vario Research Car Vision CLS Vision SLA Vision Mercedes-Maybach
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München Ehrhardt-Szawe Eisenacher Motorenwerk Fuldamobil Glas Goggomobil Goliath Gutbrod Hanomag Hansa Horch Kersting-Modellbauwerkstätten Kleinschnittger Kühlstein Loremo Markranstädter Automobilfabrik Maurer-Union Neue Automobil Gesellschaft North German Automobile
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and Engine NSU Protos of Nonnendamm Selve Simson Steiger Stoewer Tempo Veritas Wanderer Zündapp Components ATR Behr Bosch ETAS Group BBS Bühler Motor Continental Dräxlmaier Group Dürr AG Getrag Hella Hermann Peters KSPG Löwe Automobil Mahle Mann+Hummel Petri Schaeffler Voith ZF Friedrichshafen ZF Sachs Motorsport andtuners 9ff Abt Sportsline AC Schnitzer Alpina Audi
Audi
Sport AMG Bitter Brabus BMW
BMW
M Carlsson G-Power GeigerCars Gemballa Hamann Motorsport Hartge Irmscher Je Design Koenig Specials Mansory Melkus Opel
Opel
Performance Center PPI Automotive Design Rieger Tuning Ruf Automobile Steinmetz Opel
Opel
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Mercedes-Benz
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FAW Group
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Mazda
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NFI Group
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Peugeot
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SAIC Motor
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Suzuki
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Volkswagen Group
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Volvo Trucks
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Nissan
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Volkswagen
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Detroit
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Chrysler
factories closed Ford factories closed General Motors
General Motors
factories closed NUMMI Packard
Packard
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Volkswagen
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Automotive industry
in Thailand Automotive industry Economy of Thailand Transport in Thailand Thai vehicle and cycle manufacturers Chaiseri
Chaiseri
Defense Chinnaraje Expertise MMW Tuk-Tuks Monika Thai Rung Union Car Thonburi Automotive de:TukTuk Forwerder Yontrakit Motors Tiger Motor Turbo Akepanich Cherdchai C-FEE Deva Vera Kwaithong Mine Foreign companies with operations Daimler Thailand Ford Motor Thailand Geely
Geely
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Honda
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vte Automotive industry
Automotive industry
in Australia Automotive industry Economy of Australia Transport in Australia Australian vehiclemanufacturers Alpha Sports BCI Bus Bolwell Borland Racing Developments Bush Ranger Bustech Coach Concepts Coach Design Custom Bus Denning Manufacturing Devaux Cars DRB Sports Cars Elfin Sports Cars Express Coach Builders GDLS-Australia Howard Porter Jacer Minetti Sports Cars Nota P&D Coachworks PRB RFW Thales Australia Volgren Defunct vehiclemanufacturers Alan B Denning Ansair Austral Australian Autobus Australian Motor Industries Birrana Boltons Bowin Cars Brabham British Motor Corporation (Australia) Buckle Motors Caldwell Vale Centurion Cheetah Racing Cars Coachmaster Commonwealth Aircraft
Aircraft
Corporation Comeng Corsa Specialised Vehicles Denning Duncan & Fraser Ford Australia Ford Performance Vehicles Giocattolo
Giocattolo
Motori Goggomobil Hartnett HDT Special
Special
Vehicles Holden Holden
Holden
Special
Special
Vehicles IBC Jakab Industries JW Bolton Kaditcha Leader Trucks Mills-Tui Motor Body Specialists MotorCoach Australia Northcoast Bus & Coach OKA Parramatta-Ryde Bus Service Pressed Metal Corporation Pressed Metal Corporation
Pressed Metal Corporation
South Australia Purvis Cars Queensland Coach Company Ralt Rennmax Roo Motor Car Company Rootes Australia Smithfield Stewart & Sons Superior TJ Richards & Sons UAAI Zeta Components Autobarn Autopro Beaurepaires Bob Jane T-Marts Kinetic Suspension Technology NAPA ( Genuine Parts Company Asia-Pacific) Pedders Rare Spares Repco Supercheap Auto Tickford Vehicle Engineering Subsidiaries offoreign companies BMW
BMW
Australia Chery
Chery
Australia Fiat- Chrysler
Chrysler
Australia Daimler Australia Ford Australia Foton Australia Geely
Geely
Australia Mahindra Australia Mazda
Mazda
Australia Mitsubishi Motors Australia Nissan
Nissan
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Paccar
Australia PSA Peugeot
Peugeot
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Renault
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Tata Motors
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Volkswagen
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