Daimler AG commonly known and referred to as Mercedes, is a German multinational automotive corporation, headquartered in Stuttgart, Baden-Württemberg. Daimler-Benz was formed with the merger of Benz & Cie and Daimler Motoren Gesellschaft in 1926. The company was renamed Daimler-Chrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998 and was again renamed Daimler upon the divestment of Chrysler in 2007.
As of 2014, Daimler owned or had shares in several cars, bus, truck and motorcycle brands including Mercedes-Benz, Mercedes-AMG, Smart Automobile, Detroit Diesel, Freightliner, Western Star, Thomas Built Buses, Setra, BharatBenz, Mitsubishi Fuso, MV Agusta and shares in Denza, KAMAZ and BAIC Motor. The luxury Maybach brand was terminated at the end of 2012 but revived in April 2015 as “Mercedes-Maybach” versions of the Mercedes-Benz S-Class and G-Class. In 2019, Daimler sold 3.3 million vehicles. 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 arm. The company is a component of the Euro Stoxx 50 stock market index. Daimler AG complex in Stuttgart includes central company headquarters, Mercedes-Benz and Daimler car plants, Mercedes-Benz Museum and stadium Mercedes-Benz Arena.