Which country is the Mercedes-Benz brand from?
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Mercedes-Benz is a renowned German automotive brand known for its luxury and high-performance vehicles. Headquartered in Stuttgart, Germany, it is a member of the Daimler AG group. Its product lineup includes various passenger cars and medium-to-large commercial vehicles, with model series such as the A-Class, B-Class, C-Class, CLS-Class, and SLC-Class. The Mercedes-Benz automobile company was not founded solely by Mr. Benz. It was the result of a collaboration between two automotive pioneers: Karl Friedrich Benz and Gottlieb Daimler, who are considered the fathers of the automobile. Later, these two major automotive companies merged to form Daimler-Benz AG. In China, Mercedes-Benz vehicles are produced by Beijing Benz Automotive Co., Ltd., a joint venture between Beijing Automotive Group Co., Ltd. and Daimler AG. Some Mercedes-Benz vehicles are manufactured domestically in China, while others are produced in Germany, and some models are assembled in the United States. In 2018, Geely Holding Group invested $9 billion to acquire a 9.69% voting stake in Daimler AG, becoming its largest shareholder. Geely pledged to hold these shares long-term but did not acquire Mercedes-Benz. Previously, the largest shareholder of Daimler was the Kuwait Investment Authority, holding 6.8% of the shares, followed by BlackRock with 6%.
