A few days ago, the driving line learned from relevant sources that Daimler or will officially change its name to Mercedes-Benz on February 1. In February 2021, Daimler's Board of Directors and Supervisory Board decided to make a fundamental adjustment to the group structure, planning to list Daimler Trucks separately after independence, and the company was renamed Mercedes-Benz, with the aim of emphasizing its greater focus on zero-emission vehicles and software businesses. This will also be the third name change in the company's history.
Daimler AG, headquartered in Stuttgart, Germany, is the world's largest manufacturer of commercial vehicles, the world's largest producer of luxury cars, and the second largest producer of trucks. The company comprises four business units, namely Mercedes-Benz Cars, Mercedes-Benz Light Commercial Vehicles, Daimler Trucks and Daimler Financial Services. On March 28, 2019, Zhejiang Geely Holding Group and Daimler AG announced that the two sides will establish a joint venture to jointly operate and promote the transformation of the smart brand on a global scale, and strive to build smart into a world-leading high-end electric intelligent car brand. The joint venture is headquartered in China and each holds 50% of the shares. At the same time, it is also the oldest qualified manufacturer in the world and a manufacturer with a consistent business style. From 1926 to the present, the company does not pursue the expansion of automobile production, but only pursues the production of high-quality, high-performance high-grade automotive products. Among the world's top ten auto companies, Daimler AG has the smallest production of less than 1 million vehicles, but its profits and sales are among the top five. Mercedes-Benz's lowest-class cars also sell for more than $15,000, while luxury cars are over $100,000, and intermediate models are also around $40,000. In the Hong Kong market, a Mercedes-Benz S500L car is priced at hk$1.65 million.