Daimler completes renaming to Mercedes-Benz Group

Daimler AG has renamed alone Mercedes-Benz Group AG as of 1 February 2022. With the renaming of Daimler, the company completes its realignment. Nonetheless, the stake in Clever might shortly reduce.

On 10 December 2021, Daimler Truck Holding AG skilled already been launched as an unbiased agency on the Frankfurt Stock Commerce. Contemplating that then, the passenger automobile and van divisions skilled ongoing to run beneath the title Daimler AG – however the renaming to Mercedes-Benz Group AG skilled by now been introduced earlier.

For Daimler, that is the fourth renaming within the earlier 25 a number of years. The historic Daimler-Benz AG has contemplating that turn into DaimlerChrysler. Following the failed attempt at a “marriage designed in heaven”, Daimler AG was established pursuing the sale of Chrysler – which now turns into Mercedes-Benz Group after the spin-off of the truck and bus group. With the renaming, the stock commerce abbreviation changes from DAI to MBG.

“The renaming to Mercedes-Benz Group AG underlines our renewed strategic focus. In executing so, we need to clarify the place by we see the core of our company – establishing probably the most fascinating autos within the atmosphere,” suggests Ola Källenius, who’s now Chairman of the Board of Administration of Mercedes-Benz Group AG. “The Mercedes star has at all times been a promise for the long run: Altering the present in get to enhance it. We need to proceed this legacy of our founders by taking the direct in electrical mobility and automobile program.”

The brand new Mercedes-Benz Group will so focus fully on passenger automobiles and vans from the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach and Mercedes-EQ producers, in addition to vans. Clever, apparently, is not any extra time talked about within the itemizing of fashions. This means that Intelligent could possibly be transferred to the Clever Car Enterprise with the regulate of determine, the three way partnership in China established by Mercedes-Benz and Geely on the commencing of 2020.

A preview of the preliminary product of the brand new Smart period, owing to be launched in 2022, was provided on the IAA Mobility in September 2021 with the Intelligent Technique #1. In the mean time, Clever solely presents the Intelligent EQ Fortwo and its convertible version, after the EQ Forfour was taken off from the assortment on the finish of 2021.

Bloomberg is presently reporting that the Good Car Enterprise desires to raise money for the reorientation of the Clever mannequin as a Chinese language electrical automobile producer with a share sale. In keeping with the report, Intelligent might elevate amongst 50 p.c a billion and a billion US bucks on this approach.