Monday, October 3, 2022
HomeDigit NewsAutomobile concern Daimler AG ceased to exist

Automobile concern Daimler AG ceased to exist

Automobile concern Daimler AG today ceased to exist. True, it’s just a name change.

Now the concern is called Mercedes-Benz Group AG, which is much more logical for most, since it is Mercedes-Benz that is actually the main brand of the concern, especially when we are talking about passenger cars.

By the way, one name change was not enough. Following the successful debut of Daimler Truck on the stock market, the new name underscores the group’s new focus on the automotive business, according to a press release. More specifically, the emphasis on cars and vans in the premium and luxury segments.

From the point of view of consumers, there have been no changes in the group’s business.

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