Mercedes-Benz (German pronunciation: [mɛʁˌtseːdəs ˈbɛnts, -dɛs -] ⓘ),[6][7] commonly referred to simply as Mercedes and occasionally as Benz, is a German luxury and commercial vehicle brand that was founded in 1926. Mercedes-Benz AG (a subsidiary of the Mercedes-Benz Group, established in 2019) is based in Stuttgart, Baden-Württemberg, Germany.[1] Mercedes-Benz AG manufactures luxury vehicles and light commercial vehicles, all branded under the Mercedes-Benz name. From November 2019 onwards, the production of Mercedes-Benz-branded heavy commercial vehicles (trucks and buses) has been managed by Daimler Truck, which separated from the Mercedes-Benz Group to form an independent entity at the end of 2021.
In 2018, Mercedes-Benz became the world’s largest premium vehicle brand, with a sales volume of 2.31 million passenger cars.[8]
The roots of the brand trace back to the 1901 Mercedes by Daimler-Motoren-Gesellschaft and the 1886 Benz Patent-Motorwagen by Carl Benz, which is widely recognized as the first automobile powered by an internal combustion engine. The brand’s slogan is "The Best or Nothing".[9]
