What is the relationship between Daimler and Mercedes-Benz?
1 Answers
The relationship between the two is as follows: 1. After World War I, the two opposing companies merged to form Daimler-Benz AG to achieve post-war recovery and reconstruction. 2. Currently, Daimler AG is the parent company of Mercedes-Benz, comprising four major business units: Mercedes-Benz Cars, Mercedes-Benz Vans, Daimler Trucks, and Daimler Financial Services. In 1883, Mr. Karl Benz founded Benz & Cie., which successfully introduced the world's first internal combustion engine automobile in 1885. In 1890, Gottlieb Daimler established Daimler-Motoren-Gesellschaft (DMG) and launched an internal combustion engine heavy-duty vehicle in 1896.