Is Mercedes owned by Toyota?
Mercedes-Benz is owned by the German company Daimler AG, an automaker who produces a wide variety of upscale, luxurious vehicles such as buses, motorcycles, and cars. Mercedes-Benz, which is best known for its luxury vehicles, is a subsidiary of Daimler AG. Freightliner, Thomas Built Buses, Detroit Diesel, and Smart Automobile are also part of Daimler.Mercedes-Benz and Mercedes-AMG are iconic brands in the luxury car sector, each showcasing distinct attributes.