Mercedes-Benz is a German manufacturer of luxury automobiles, buses, coaches, and trucks. It is currently a division of the parent company, Daimler AG (formerly DaimlerChrysler AG), after previously being owned by Daimler-Benz. Mercedes-Benz has its origins in Karl Benz's creation of the first petrol-powered motorcycle in January 1886, and by Gottlieb Daimler and engineer Wilhelm Maybach's conversion of a 1873 Bollée steam-engine automobile by the addition of a petrol engine the same year.
Subsidiaries
The Mercedes automobile was first marketed in 1901 by Daimler Motoren Gesellschaft. The first Mercedes-Benz brand name vehicles were produced in 1926, following the merger of Karl Benz's and Gottlieb Daimler's companies into the Daimler-Benz company.Mercedes-Benz has introduced many technological and safety innovations that have become common in other vehicles several years later.
Mercedes-Benz Accessories GmbH is an independent subsidiary based in Stuttgart-Vaihingen, founded in 2000. Its business include car accessories, personal accessories, Collection and promotional items, and product design.
Mercedes-Benz AMG became a majority owned division of Mercedes-Benz in 1998. The company was integrated into DaimlerChrysler in 1999,[4] and became Mercedes-Benz AMG beginning on 1999-01-01.
Mercedes-Benz is currently owned by Daimler AG.
Quality
Since its inception, Mercedes-Benz had maintained a reputation for its quality and durability. Objective measures looking at passenger vehicles - such as J.D. Power surveys, demonstrated a downturn in reputation in this criteria in the late 1990s and early 2000s. By mid-2005, Mercedes temporarily returned to the industry average for initial quality, a measure of problems after the first 90 days of ownership, according to J.D. Power. In J.D. Power's Initial Quality Study for the first quarter of 2007, Mercedes showed dramatic improvement by climbing from 25th to 5th place, surpassing quality leader Toyota, and earning several awards for its models. For 2008, Mercedes-Benz's initial quality rating improved by yet another mark, now in fourth place. On top of this accolade, it also received the Platinum Plant Quality Award for its Mercedes’ Sindelfingen, Germany assembly plant. As of 2009, Consumer Reports of the United States has changed their reliability ratings for several Mercedes-Benz vehicles to "average", and recommending the E-Class and the S-Class
Source: Wikipedia, The Free Encyclopedia
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| Type | Division of Daimler AG |
|---|---|
| Founded | 1881 |
| Founder(s) | Gottlieb Daimler, Karl Benz |
| Headquarters | Stuttgart, Germany |
| Area served | Worldwide (except Mercedes-Benz vehicles and services with other distributors worldwide) |
| Key people | Dieter Zetsche, CEO |
| Industry | Automotive industry |
| Products | Automobiles Trucks Buses Internal combustion engines |
| Services | Automotive financial services |
| Parent | Daimler AG |
| Website | Mercedes-Benz.com |
